12823 Burbank Boulevard

Valley Village, CA 91607

$1,598,000
Price
10
Beds
6
Baths
4,578 Sq. Ft.
$349 / Sq. Ft.
4,578
Sq. Ft.
$349
per Sq. Ft.

Description

12823 Burbank Boulevard is a 6-unit apartment building located in Valley Village, one of the most desirable neighborhoods in the San Fernando Valley. This property features a strong unit mix of four one-bedroom, one-bathroom units and two two-bedroom, one-bathroom units. Located right off Coldwater Canyon, the property features easy access to the entire San Fernando Valley. This property is a great value-addopportunity with approximately 33% upside in rents.12823 Burbank Boulevard is a 6-unit apartment building located in Valley Village, one of the most desirable neighborhoods in the San Fernando Valley. This property features a strong unit mix of four one-bedroom, one-bathroom units and two two-bedroom, one-bathroom units. Located right off Coldwater Canyon, the property features easy access to the entire San Fernando Valley. This property is a great value-addopportunity with approximately 33% upside in rents.
  1. Listed by Adam Feldman • DRE #02090792 • Brokerage DRE #01469842 • Matthews Real Estate Investment Services

Property Details for 12823 Burbank Boulevard

Zoning
LAR3
Parcel Number
2341023011
Total Units
6.0
Living Area
4578
Source Living Area
Vendor Enhanced
Area
Valley Glen (VG)
Vacancy Rate
5
Lot Size Area
6000

Location

Listing Courtesy of Matthews Real Estate Investment Services, Adam Feldman, DRE #02090792
Add your commute
LISTING UPDATED: 05/25/2024 12:01 AM

Property Details for 12823 Burbank Boulevard

StatusActive
MLS #24-393596
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1953
Lot Size0.14 AC / 6,000 SF
CountyLos Angeles County

Location

Listing Courtesy of Matthews Real Estate Investment Services, Adam Feldman, DRE #02090792
Add your commute

Building Information for 12823 Burbank Boulevard

Stories-Residences-Year Built1953Building Size-Lot Size0.14 AC / 6,000 SF

Payment Calculator

$9,272 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,721

Property Taxes

$551

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 12823 Burbank Boulevard

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: Apartment
Contract Info
Contract Info
  • Disclosures: Other
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $105,542
  • Net Operating Income: $61,627.00
  • Gross Income: $109,423
  • Gross Rent Multiplier: $14.60
  • Total Annual Expense: 43825
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1377
  • Lot Size Square Feet: 6000
Parking Details
Parking Details
  • Parking Garage: Other
  • Total Parking: 0
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 05-17-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,302.00
  • Unit Actual Rent: $5,209.00
  • Unit Projected Rent: $7,400.00
  • Like Units: 4
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,955.00
  • Unit Actual Rent: $3,909.00
  • Unit Projected Rent: $4,700.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $315,814.00
  • Assessed Improvement Percent: 67.35
  • Assessed Land Value: $153,105.00
  • Assessed Land Percent: 32.65
  • Assessed Total Value: $468,919.00

Property History for 12823 Burbank Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12823 Burbank Boulevard

Taxable ValueLand$153,105Additions$317,614Total$470,719
Tax Record2023$6,609 ($551 / month)
Home Facts
Total Finished SqFt4,578 SqFtAbove Grade Finished SqFt4,578 SqFtLot Size5,998 SqFtStyleMulti-Family Res (5+ Units)Year Built1953ZoningLAR3CountyLOS ANGELESAPN2341-023-011

Schools near 12823 Burbank Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
John B. Monlux Elementary School
PublicK to 5

James Madison Middle School
Public6 to 8

Ulysses S. Grant Senior High School
Public9 to 12

Jack London Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

12823 Burbank Boulevard is a multi-family home for sale in Valley Village, CA 91607. This property was listed for sale on May 17, 2024 by Matthews Real Estate Investment Services, it's currently listed at $1,598,000. This listing's school district is Los Angeles Unified School District. Nearby schools include John B. Monlux Elementary School, James Madison Middle School and Ulysses S. Grant Senior High School. 12823 Burbank Boulevard is a 10-bed, 6-bath, 4,578 sqft multi-family home built in 1953.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Matthews Real Estate Investment Services, Adam Feldman, DRE #02090792

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.