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2415 North Lincoln Street

2415 North Lincoln Street, Burbank, CA 91504
Multifamily in Burbank
Sold Jul 12, 2019
$1,300,000
Sold May 31, 2001
$246,000
$246,000 by Long Beach Mtg Company
Mortgage Due Jun 01, 2031
2415 North Lincoln Street has been categorized by the local assessors in Burbank, CA as a residential type of property. The building on the property was first built in 1939 and is 85 years old. However, we must point out that the home was most recently renovated and altered in 1945. The home has a total of 8 rooms. 7 of these rooms are legally considered as bedrooms. Residents will have access to 7 full bathrooms. There are 7 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2415 North Lincoln Street has 3,485 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 680 ft. The area measurement of the land has been determined as 8,024 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable style roof made of wood shake/ shingles. The exterior walls of the building are made of stucco. The inside of the home is being cooled with a wall air conditioning unit at the moment. In terms of heating, it is utilizing floor/wall heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2415 North Lincoln Street was last sold in Jun 25, 2019 for $1,300,000. According to our calculations, that's $373.03 per sqft. Prior to that sales transaction, the property was sold for $246,000 in May 18, 2001. Current property owners are expected to pay $16,935 in taxes per year. The property on 2415 North Lincoln Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,560,600. To break that down further, the land itself was valued at $936,360. While improvements to the property were assessed at a total of $624,240. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1945
  • Building Count: 2
  • Total Rooms: 8
  • Bedroom Count: 7
  • Bathroom Count: 7
  • Full Bathrooms: 7
  • Partial Bathrooms: 7
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,024
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 680
  • Total Building Area: 3,485
  • Building Area: 3,485
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Wall air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 3,485
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 6457
  • Land Acres: 0.184
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: TRACT NO 6457 EX OF ALLEY LOT/SEC 4

Ownership

  • Current Owner : ARTENYAN ARSEN
  • Previous Owner : MINASSIAN ROGER
  • Previous Owner 2: MINASSIAN AYLISA L
  • Owner Before Previous Owner: MIRZAKANIAN AREG
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Burbank Unified School District
  • Census Tract: 310400

Zoning

  • Zoning: BUR3*

Geography

  • Assessors Map Reference: 17-B3
  • Subdivision Tract Number: 6457
  • Parcel: 2473-018-004
  • Lot: 4
  • Municipality: NORTH /BURBANK
  • Latitude: 34.1998
  • Longitude: -118.336

    Address

  • Full Address: 2415 N Lincoln St
  • Address - House Number: 2415
  • Street Direction: N
  • Address - Street Name: Lincoln
  • Address - Suffix Type: St
  • State: CA
  • City Name: Burbank
  • Carrier Code: C023
  • 4-Digit Zip Code: 2628
  • Zip Code: 91504

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,935
  • Tax Rate Code Area: 02-530

    Appraisal Valuation

  • Standard Deviation: 0.2192
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 2,051,156
  • High Value: 2,500,867
  • Low Value: 1,601,445

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,560,600
  • Assessed Land Value: $936,360
  • Assessed Improvements Value: $624,240

    Sales

  • Current Sale Contract Date: Jun 25, 2019
  • Current Sale Recording Date: Jul 12, 2019
  • Current Sale Transaction ID: 11621571364
  • Current Sale Price: $1,300,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-0679292
  • Previous Sale Recording Date: May 31, 2001
  • Previous Sale Contract Date: May 18, 2001
  • Previous Sale Amount: $246,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BARRY W MORSE INC
  • First Mortgage Transaction Date: Jul 12, 2019
  • First Mortgage Loan Amount: $845,000
  • First Mortgage Terms: 17
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jan 01, 2021

    Previous Mortgages

  • Previous Mortgage Lender: LONG BEACH MTG COMPANY
  • Previous Mortgage Transaction Date: May 31, 2001
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $246,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2031

About Burbank



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Nearby Rentals

Unit for rent at 2929 N Lincoln Street, Burbank, CA, 91504

$4,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,630 ft²
2929 N Lincoln Street, Burbank, CA, 91504 Listing by Fred Herrman

Frequently Asked Questions

What neighborhood is 2415 North Lincoln Street located in?
The 2415 North Lincoln Street is a multifamily located in the neighborhood of Burbank in Burbank, Burbank.
What is the average sales price for listings in 2415 North Lincoln Street?
The average sales price for units in 2415 North Lincoln Street is $0 currently.

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