MAJOR FIXER!! SELLER WILL FINANCE!! Rare opportunity for investor, contractor or owner/user with DIY skills and determination. Property zoned BUR4*!! Duplex consists of two 1 bedroom, 1 bath units. Tenants are on month-to-month leases (one tenant is Section 8). Best priced duplex in Burbank. This property will go quickly so RUN, don’t walk!
Additional income potential by converting detached, alley accessible 2-car garage into 1 or 2 additional units as ADUs (verify with Burbank City Building Department). Plumbing connection located at garage. Tremendous upside in rents plus grow current income by adding ADUs. Construct a small laundry room on the property to generate additional income as well as convenience for tenants. Very conservative pro forma cap rate of 5.14% / GRM of only 14.09!
Highly desirable northwest Burbank neighborhood near 5 Points Monument. Abundant and convenient public transportation offerings within short walking distance. Walk Score is 76! Costco, quick service and numerous local restaurants, multiple national retailers all located within walking distance. Minutes to I-5 freeway. Convenient public bus transportation located at the corner and across the street. One mile walk to Burbank Metrolink Station. A short hop, skip, jump to 5 Points Monument. Chandler bike path is only a few blocks away as well.
Sold for $710,000
Listed by: Keller Williams Realty-Studio City • Leilani Tedeski • Contact: 818-432-1500
Bought with: The Core Agency
$710,000
1205 W Burbank Blvd, Burbank, CA 91506
2beds
2baths
1,102sqft
Duplex
Built in 1951
-- sqft lot
$859,900 Zestimate®
$644/sqft
$3,110 Estimated rent
Home value
$859,900
$774,000 - $954,000
$3,110/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Leilani Tedeski DRE #01405073 818-432-1500,
Keller Williams Realty-Studio City
Bought with:
Erika De Leon, DRE #02174115
The Core Agency
Source: CRMLS,MLS#: SR23147279
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Rooms
- Room types: Family Room, Kitchen
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Gas Water Heater
- Laundry: None
Features
- Flooring: Carpet, Vinyl
- Has fireplace: Yes
- Fireplace features: Bath, Family Room, Gas, Kitchen
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,102
- Total interior livable area: 1,102 sqft
Property
Parking
- Total spaces: 2
- Parking features: Door-Multi, Garage, Paved, Garage Faces Rear, Side By Side
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Entry location: Front & Rear
- Pool features: None
- Spa features: None
- Fencing: Block,Chain Link,Wood
- Has view: Yes
- View description: None
Lot
- Size: 2,502 Square Feet
- Features: 2-5 Units/Acre, Street Level
Details
- Parcel number: 2438031006
- Zoning: BUR4*
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Frame, Stucco
- Foundation: Raised
- Roof: Composition
Condition
- Fixer,Repairs Major
- New construction: No
- Year built: 1951
Utilities & green energy
- Electric: Electricity - On Property
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Street Lights, Sidewalks
Location
- Region: Burbank
Financial & listing details
- Price per square foot: $644/sqft
- Tax assessed value: $724,200
- Annual tax amount: $1,974
- Date on market: 8/8/2023
- Listing terms: Cash,Cash to New Loan,Lien Release,Owner Will Carry,Owner May Carry,Trust Deed
- Inclusions: Wall air conditioning units, refrigerator and stove in front unit.
- Exclusions: Tenant personal property including refrigerator and stove in rear unit; ceiling fan in front unit.
- Total actual rent: 2330
- Tenant pays: Electricity, Gas, Telephone
- Road surface type: Alley Paved, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2023 | Sold | $710,000-6.2%$644/sqft |
Source:  CRMLS #SR23147279 Report a problem | ||
| 8/8/2023 | Pending sale | $756,900$687/sqft |
Source: CRMLS #SR23147279 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,217 +3.1% | $724,200 +2% |
| 2024 | $7,967 +282.8% | $710,000 +312.3% |
| 2023 | $2,082 +4.7% | $172,223 +2% |
| 2022 | $1,988 +0.7% | $168,847 +2% |
| 2021 | $1,975 +1.2% | $165,537 +1% |
| 2020 | $1,953 | $163,840 +2% |
| 2019 | $1,953 +5.9% | $160,628 +2% |
| 2018 | $1,843 | $157,480 +2% |
| 2017 | $1,843 +2.2% | $154,393 +2% |
| 2016 | $1,803 +3.6% | $151,366 +1.5% |
| 2015 | $1,740 +1.6% | $149,093 +2% |
| 2014 | $1,713 | $146,174 +2.5% |
| 2012 | -- | $142,663 +2% |
| 2011 | -- | $139,867 +0.8% |
| 2010 | -- | $138,823 -0.2% |
| 2009 | -- | $139,154 +2% |
| 2008 | -- | $136,426 +2% |
| 2007 | -- | $133,752 +2% |
| 2006 | -- | $131,131 |
| 2005 | -- | $131,131 +4% |
| 2004 | -- | $126,041 +1.9% |
| 2003 | -- | $123,732 +2% |
| 2002 | -- | $121,307 +4% |
| 2000 | -- | $116,599 |
Find assessor info on the county website
Neighborhood: 91506
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Nearby schools
GreatSchools rating
- 8/10Thomas Edison Elementary SchoolGrades: K-5Distance: 0.5 mi
- 6/10Luther Burbank Middle SchoolGrades: 6-8Distance: 1.4 mi
- 9/10Burroughs High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$859,900
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Estimated market value
$859,900
- California
- Los Angeles County
- Burbank
- 91506
- 1205 W Burbank Blvd
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