Sold for $1,497,800

Listed by: Equity Union • Cindy Hill • Contact: 818-989-2000

Bought with: Equity Union

$1,497,800

1019 S Lake St, Burbank, CA 91502

6beds

4baths

2,772sqft

Multi Family

Built in 1944

-- sqft lot

$1,633,100 Zestimate^®

$540/sqft

$2,850 Estimated rent

Home value

$1,633,100

$1.45M - $1.85M

$2,850/mo

Zestimate^® history

Owner options

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$2,850/mo

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$2,850/mo

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$9,502/mo

Est. payment

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$9,502/mo

Est. payment

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What's special

We are proud to represent this pride of ownership 4 unit property located in Burbank. The property was constructed in 1944. Its unit mix consists of (2) 1+1 units and (2) 1+1 units. With a lot size of 8,826 square feet, the property has a total of 2,772 rentable square feet. The property is located in Burbank, which is a highly desirable rental market and is known as the media capital of the world. It is home to Disney Studios, Warner Brothers, and NBC. The city has over 80 restaurants, 30 movie screens, and 200 stores; its residents enjoy top ranked schools, easy access to the 5 and 134 freeways, and close proximity to the Burbank Metro Link. The property is separately metered for gas and electricity

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4

Appliances

Laundry: None

Features

Common walls with other units/homes: 1 Common Wall

Interior area

Total structure area: 2,772
Total interior livable area: 2,772 sqft

Property

Features

Levels: Two
Stories: 2
Entry location: 1
Pool features: None

Lot

Size: 8,821 Square Feet
Features: Yard

Details

Parcel number: 5625017001
Zoning: BUR4*
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Condition

New construction: No
Year built: 1944

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Suburban, Urban, Valley

Location

Region: Burbank

Financial & listing details

Price per square foot: $540/sqft
Tax assessed value: $1,527,756
Annual tax amount: $17,417
Date on market: 5/1/2024
Listing terms: Cash to New Loan

Price history

Date	Event	Price
5/15/2024	Sold	$1,497,800-1.8%$540/sqft
Source: CRMLS #SR24078775 Report a problem
5/1/2024	Pending sale	$1,525,000$550/sqft
Source: CRMLS #SR24078775 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$17,417 +329%	$1,527,756 +362.6%
2024	$4,060 +1%	$330,252 +2%
2023	$4,021 +4.5%	$323,781 +2%
2022	$3,849 +0.8%	$317,437 +2%
2021	$3,819 +1.1%	$311,218 +1%
2020	$3,777	$308,030 +2%
2019	$3,777 +6.7%	$301,995 +2%
2018	$3,541	$296,078 +2.1%
2017	$3,541 +2.1%	$290,077 +2%
2016	$3,469 +3.9%	$284,390 +1.5%
2015	$3,340 +1.4%	$280,120 +2%
2014	$3,295	$274,634 +2.5%
2012	--	$268,034 +2%
2011	--	$262,780 +0.8%
2010	--	$260,817 -0.2%
2009	--	$261,438 +2%
2008	--	$256,313 +2%
2007	--	$251,288 +2%
2006	--	$246,362
2005	--	$246,362 +4%
2004	--	$236,798 +1.9%
2003	--	$232,459 +2%
2002	--	$227,902 +4%
2000	--	$219,054