Sold for $1,550,000

Listed by: Lee & Associates • Justin Cusumano • Contact: jcusumano@lee-re.com

Bought with: Ruzanna Khechumyan

$1,550,000

2542 N Buena Vista St, Burbank, CA 91504

6beds

2baths

2,661sqft

Quadruplex

Built in 1951

-- sqft lot

$1,573,900 Zestimate^®

$582/sqft

$3,277 Estimated rent

Home value

$1,573,900

$1.45M - $1.72M

$3,277/mo

Zestimate^® history

Owner options

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$3,277/mo

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$3,277/mo

Rent Zestimate^®

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$9,926/mo

Est. payment

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$9,926/mo

Est. payment

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What's special

2542 N. Buena Vista Street is a 4-unit apartment building located in Burbank, CA. The subject property consists of two 2-bedroom units, two 1-bedroom units, and attached garage with laundry. 2542 Buena Vista offers a new owner upside potential in rents with one unit delivered vacant and two other units with under-market rents. The building has been updated with a new roof and exterior windows along with remodeled kitchens and bathrooms. Situated in close proximity to the Empire Center and downtown Burbank with numerous retail, dining, and entertainment options nearby. The subject property provides easy access to the 5 freeway and Burbank airport.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Appliances

Included: Disposal, Gas Oven, Gas Range, Gas Water Heater
Laundry: Common Area, In Garage

Features

Ceiling Fan(s), Crown Molding, Granite Counters, Tile Counters
Flooring: Wood
Windows: Double Pane Windows
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 2,661
Total interior livable area: 2,661 sqft

Property

Parking

Total spaces: 4
Parking features: Garage
Garage spaces: 4

Features

Entry location: Side
Pool features: None

Lot

Size: 6,634 Square Feet
Features: Front Yard, Garden, Lawn, Landscaped

Details

Parcel number: 2473020016
Zoning: BUR4*
Special conditions: Standard
Horse amenities: Riding Trail

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Stucco

Condition

Updated/Remodeled
New construction: No
Year built: 1951

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Biking, Foothills, Golf, Gutter(s), Hiking, Horse Trails, Park, Storm Drain(s), Street Lights, Suburban, Sidewalks, Valley

Location

Region: Burbank

Financial & listing details

Price per square foot: $582/sqft
Tax assessed value: $1,581,000
Date on market: 7/20/2024
Cumulative days on market: 59 days
Listing terms: Submit

Price history

Date	Event	Price
10/23/2024	Sold	$1,550,000-3.1%$582/sqft
Source: CRMLS #SR24147337 Report a problem
10/14/2024	Pending sale	$1,600,000$601/sqft
Source: CRMLS #SR24147337 Report a problem
9/18/2024	Contingent	$1,600,000$601/sqft
Source: CRMLS #SR24147337 Report a problem
8/13/2024	Price change	$1,600,000-5.9%$601/sqft
Source: CRMLS #SR24147337 Report a problem
7/20/2024	Listed for sale	$1,700,000+580%$639/sqft
Source: CRMLS #SR24147337 Report a problem
10/16/1997	Sold	$250,000$94/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$1,581,000 +2%
2025	$17,593 +275.8%	$1,550,000 +296.1%
2024	$4,681 +1%	$391,339 +2%
2023	$4,634 +4.6%	$383,666 +2%
2022	$4,432 +0.7%	$376,144 +2%
2021	$4,401 +1.1%	$368,769 +1%
2020	$4,353	$364,988 +2%
2019	$4,353 +5.8%	$357,832 +2%
2018	$4,114	$350,817 +2%
2017	$4,114 +2.1%	$343,940 +2%
2016	$4,030 +3.7%	$337,197 +1.5%
2015	$3,886 +1.6%	$332,133 +2%
2014	$3,825	$325,628 +2.5%
2012	--	$317,802 +2%
2011	--	$311,571 +0.8%
2010	--	$309,244 -0.2%
2009	--	$309,980 +2%
2008	--	$303,903 +2%
2007	--	$297,945 +2%
2006	--	$292,104
2005	--	$292,104 +4%
2004	--	$280,763 +1.9%
2003	--	$275,619 +2%
2002	--	$270,215 +4%
2000	--	$259,723