Listed by: Heather Farquhar, Equity Union
$1,149,000
●
House -
Off Market
1608 W Riverside Drive
Burbank, CA 91506
2 Beds
2 Baths
988 Ft²
$5,642
Est. Monthly
About This Property
Burbank Rancho Equestrian Area English Garden Remodeled Bungalow
Home with 2 Bedrooms and 2 Baths. Gourmet Kitchen with Custom
White Shaker Cabinets, White Quartz Countertops, White Florid Tile
Backsplash, ZLINE 4 Burner Professional Range, Farmhouse Sink, and
Stainless Dishwasher and Refrigerator. Dining Area off
Kitchen and Open to the Living Room – Perfect for Entertaining.
Light and Bright Living Room with Cozy Slump Stone Fireplace.
Primary Suite with Remodeled Bath with Corner Tiled Shower
and Closet. Secondary Bedroom at the Back of the House the
Leads to the Backyard and Covered Porch. Remodeled Hallway
Bath with Tub and Handheld Shower. Single Car Garage off
Alley with Laundry. Centrally located near Griffith Park, Los
Angeles Equestrian Center, Warner Brothers, Disney, Universal
Studios, and the 5 and 134 Freeways.
Unit Size
988 Ft²
Days on Market
36 days
Land Size
0.06 acres
Price per sqft
$1,163
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #SR24209796)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Oct 17, 2024 | In contract | - | |
| In contract | |||
| Oct 9, 2024 | Listed by Equity Union | $1,149,000 | |
| Listed by Equity Union | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Burbank
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Heather Farquhar, Equity Union
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SR24209796
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SR24209796
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017