See Home Value
$2,287,511*
House - Off Market

114 S Lamer Street

Burbank, CA 91506
bedrooms
5 Beds
bathrooms
4 Baths
square feet
2289 Sqft
$1,980,000 - $2,420,000
Reference Base Price*
3.98%
Since Apr 1, 2023
CA-Los Angeles
Primary Model
Sold Oct 02, 2019
$700,000
$450,000 by Mor Investment Fund Llc
Mortgage

About This Property

Looking for your dream home in the heart of Burbank? Look no further than this incredible home. A stunning 5 bedroom 4 bathroom home complete with a fantastic guest house ADU! Total about 2,300 SQ ft. Step inside and be wowed by the luxurious finishes, high-end appliances, and stunning design. The spacious and bright living area is the perfect place to relax and unwind after a long day, with plenty of room for the whole family to gather. RARE fully remodeled single story 3 bed and 3 bath main house over 1619 SQ ft + A LEGAL and permitted luxurious 2 Bed 1 Bath 670 SQ ft ADU in the back (with its own address and separate electrical meter with permits and certificate of occupancy) brand new, full kitchen with quartz countertops white cabinets, and new appliances. Designer bathrooms with no expense spared to every detail of this NEW renovation. Main house is modern vibe features real wood floors thru-out, large open living room, and stunning all new kitchen with with marble floors, stainless appliances, backsplash, quartz countertops. Primary bedroom includes stunning En-suite bathrooms, and wall to wall closet. Secondary bedroom is also an En-suite featuring designer quality fixtures, faucets, modern glass enclosures, imported tiles, even the third bedroom is  spacious. A 3rd guest bathroom just as fancy. Great floor plan for 1st home, and a larger than normal luxury guest house ADU with 2+1 that was just built in 2023. Whether you need a home office, a space for guests, or an income-generating rental unit, this ADU is sure to fit the bill. Guest house includes gorgeous full kitchen, bathroom and washer/dryer. Each have their own back yard fenced in for privacy. New electrical, plumbing, roofing, AC, Tankless water heater. The full remodel included plumbing, new electric panel, re-wiring throughout, newer Central A/C and heating, New AC for additional units, new insulation, New energy efficient double pane windows, tankless water heater and new roof. Comes with all new appliances. A long driveway for parking and plenty of street parking. The possibilities are endless for living, rental, investment. Its like having 2 houses on one lot. Owner spent over a year and $350k+ building it out, seller has the plans and certificate of occupancy from the city of Burbank. Located in the heart of Burbank, this incredible home is walking distance from the best dining, shopping, and entertainment. Don't miss out on this incredible opportunity - schedule your showing today!

The manager has listed the unit size as 2289 square feet.
Unit Size
2,289Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$961
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955

Price History

Date / Event Date Event Price
Mar 22, 2023 No longer available -
No longer available
Mar 16, 2023 Price Increased $2,200,000
↑ $405K (22.6%)
Price Increased
Feb 16, 2023 No longer available -
No longer available
Feb 15, 2023 Listed $1,795,000
Listed
Jan 27, 2023 Listed $1,650,000
Listed
Here is an incredibly rare opportunity to own a fully remodeled Classic! You don't want to let this one pass you by. Location doesn't get much better than this, adjacent to the Rancho equestrian area. Basically new, this single story 3 bed and 3 bath main house PLUS LEGAL 2 Bed 1 Bath 600 SQ ft ADU (with its own address and separate electrical meter with permits and certificate of occupancy) with brand new full kitchen and designer bathroom with no expense spared to every detail of this…
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,750
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,604
  • Building Area: 1,604
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,604
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 7375
  • Land Acres: 0.155
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 7375 LOT/SEC 26

Ownership

  • Current Owner : HEKIMYAN ARSEN
  • Previous Owner : BRADY BERNARD H
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Burbank Unified School District
  • Census Tract: 311700

Zoning

  • Zoning: BUR1YY

Geography

  • Assessors Map Reference: 24-C2
  • Subdivision Tract Number: 7375
  • Parcel: 2444-015-025
  • Lot: 26
  • Municipality: NORTH /BURBANK
  • Latitude: 34.1647
  • Longitude: -118.325

    Address

  • Full Address: 114 S Lamer St
  • Address - House Number: 114
  • Street Direction: S
  • Address - Street Name: Lamer
  • Address - Suffix Type: St
  • State: CA
  • City Name: Burbank
  • Carrier Code: C056
  • 4-Digit Zip Code: 2638
  • Zip Code: 91506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,207
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 02-530

    Appraisal Valuation

  • Standard Deviation: 0.0679
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 96
  • Final Value: 1,968,346
  • High Value: 2,102,040
  • Low Value: 1,834,652

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $450,000
  • First Open Lien Mortgage Lender: MOR INVESTMENT FUND LLC
  • First Open Lien Mortgage Recording Date: Oct 27, 2021
  • First Open Lien Mortgage Loan Amount: $450,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,213,800
  • Assessed Land Value: $907,800
  • Assessed Improvements Value: $306,000

    Sales

  • Current Sale Contract Date: Sep 25, 2019
  • Current Sale Recording Date: Oct 02, 2019
  • Current Sale Transaction ID: 11657441987
  • Current Sale Price: $700,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19-1039179

    Last Sale Mortgage

  • First Mortgage Lender: COAST EQUITY GROUP INC
  • First Mortgage Transaction Date: Oct 02, 2019
  • First Mortgage Loan Amount: $700,000



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
5.5 Baths
2,337 ft²
$768/ft²
$1,795,000 Jan 12, 2023
-
-
House
3 Beds
3 Baths
1,665 ft²
$876/ft²
$1,459,000 Feb 7, 2023
-
-
Multifamily
Stu
-
1,780 ft²
$1,124/ft²
$1,999,999 Jun 10, 2022
-
-

About Burbank


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Nearby Rentals



Frequently Asked Questions

When was property at 114 South Lamer Street built and last sold?
The property at 114 South Lamer Street was built in 1955 and last sold on Sep 25, 2019 for $700,000.
How much is this home worth?
The estimated value of the home located at 114 South Lamer Street is $2,222,000.
What are some comparable homes to 114 South Lamer Street?
There are currently no comparable homes to 114 South Lamer Street.

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