$800,000
●
Condo -
Off Market
2121 Scott Road #206
Burbank, CA 91504
3 Beds
2 Baths
1,500 Ft²
$4,229
Est. Monthly
$546
HOA / Fees
6.81%
Cap Rate
About This Property
Do you prefer city of Burbank but don't want to spend $1.5-2
million dollars on your dream living? Come over and have a look.
Note that this dream is happening north of Glenoaks Blvd close to
top rated schools and all that beautiful city of Burbank is
offering. This is a rare opportunity 1500 square feet spacious 3
bedroom 2 bathroom condo with an addition den with its own
closet, which can be easily turned into a 3d bedroom in times
of necessity. Big balcony for grilling or morning coffee with
mountain views, formal entry with spacious living room, 2 next to
each other parking spaces with storage in subterranean gated
parking, and much more are spicing up your priorities here. This
type of properties have two main characteristics: first - they are
extremely rare in this unique location and second - they always
quickly find their determined buyers/owners. Good luck to all.
Unit Size
1,500 Ft²
Days on Market
36 days
Land Size
0.35 acres
Price per sqft
$500
Property Type
Condo
Property Taxes
-
HOA Dues
$546
Year Built
-
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Cap Rate Calculator
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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 #GD24199773)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
| Sep 23, 2024 | Listed by Coldwell Banker Hallmark | $749,999 | |
| Listed by Coldwell Banker Hallmark | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Underground
Garage Spaces: 2
Garage Spaces: 2
Has Attached Garage: Yes
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 3
Bedrooms on Main Level: 2
Full Bathrooms: 2
Bathrooms on Main Level: 2
Levels: One
Interior Features: Balcony, Recessed Lighting, Bedroom On Main Level, Main Level Primary, Walk In Closets
Appliances: Dishwasher, Gas Cooktop, Gas Oven, Microwave
Flooring Type: Carpet, Laminate
Living Area Square Feet Source: Assessor
Doors: Sliding Doors
Laundry Features: Inside, Laundry Room
Has Fireplace
Gas, Living Room
Exterior Details
Year Built: 1981
Parcel Number: 2472016045
Home Type: Residential
Structure Type: MultiFamily
Pool Features: None
Lot Size Source: Assessor
Lot Size Acres: 0.3524
Elevation Units: Feet
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Location Details
Association Amenities: Other
Association Fee: $546
Association Fee Frequency: Monthly
Community Features: Sidewalks, Gated
Security Features: Gated Community
High School District: Burbank Unified
Directions: head west on Glenoaks blvd from Cmabridge dr/Glenoaks turn right/north on Scott rd and the subject property is on your left across Groton Dr
Other Details
Listing Terms: Cash, CashToNewLoan, Conventional
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/27/2025
|
2 Bed
|
2 Bath
|
1340 ft²
|
$799,995
2 Bed
2 Bath
1340 ft²
|
$820,000
+2.50%
03/05/2025
|
Daren Preece
Compass
| |
|
09/23/2024
|
3 Bed
|
2 Bath
|
1500 ft²
|
$749,999
3 Bed
2 Bath
1500 ft²
|
$800,000
+6.67%
10/31/2024
|
Tigran Eminyan
Coldwell Banker Hallmark Realty
| |
|
06/29/2023
|
2 Bed
|
2 Bath
|
1340 ft²
|
$620,000
2 Bed
2 Bath
1340 ft²
|
-
-
|
Julian Munoz
REMAX Empower
| |
|
06/08/2022
|
2 Bed
|
2 Bath
|
1340 ft²
|
$665,000
2 Bed
2 Bath
1340 ft²
|
-
-
|
Julian Munoz
REMAX Empower
| |
|
06/03/2019
|
2 Bed
|
2 Bath
|
1450 ft²
|
$589,900
2 Bed
2 Bath
1450 ft²
|
-
-
|
-
| |
|
12/03/2017
|
3 Bed
|
2 Bath
|
1500 ft²
|
$499,000
3 Bed
2 Bath
1500 ft²
|
$525,000
+5.21%
01/02/2018
|
Robin McCary
eXp Realty of Greater Los Angeles, Inc.
|
Building Info
About Burbank
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Listed by: Tigran Eminyan, Coldwell Banker Hallmark
Last Updated: 2 years ago
Data Source: CRMLS, MLS# GD24199773
Last Updated: 2 years ago
Data Source: CRMLS, MLS# GD24199773
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