$1,350,000
●
House -
Off Market
3 Skyline Drive
Burbank, CA 91501
4 Beds
3 Baths,
1
Half Bath
3,692 Ft²
$2,200,587
RealtyHop Estimate
54.43%
Since Jan 1, 2018
CA-Los Angeles
Primary Model
About This Property
ONLY $385 PSF!!! PRICED TO SELL!! VIEWS VIEWS VIEWS!!! This approx
3,700 SF home was built in 1990 & Remodeled 2017, has fabulous
Views of Downtown LA / City lights and mountains. It features
3 stories, 4 bedrooms, 3.5 Baths with Gormet kitchen with DLS
Appliances, Miele Dishwasher, Sub Zero Fridge & trash compactor.
Formal Living Room leads to patio with Fireplace and built in roll
up Plasma TV that is weather proof. Large Family room with
Fireplace & balcony with spectacular views of the Downtown. Formal
Dining with amazing views of Downtown LA. Large Master
Bedroom that has wonderful views of Downtown, large walk-In closet,
balcony and brand new master bath with double sinks and Jacuzzi
tub. Brand new African Mahogany Hardwood Floors throughout. Home
features two Central HVAC (1 @ 4 ton & 1 @ 3 ton). Above ground
Jacuzzi. New Crown moldings & base boards throughout.
Unit Size
3,692 Ft²
Days on Market
100 days
Land Size
0.24 acres
Price per sqft
$386
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1990
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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: 4 months ago (CRMLS #BB17215356)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 31, 2020 | In contract | - | |
| In contract | |||
| Jan 31, 2020 | Price Decreased |
$1,495,000
↓ $55K
(3.6%) | |
| Price Decreased | |||
| Nov 14, 2019 | Listed | $1,550,000 | |
| Listed | |||
| | |||
|
Just Reduced!! ONLY $404 PSF!!! PRICED TO SELL!! VIEWS VIEWS VIEWS!!! This approx 3,700 SF home was built in 1990 & Remodeled 2017, has fabulous Views of Downtown LA / City lights, Burbank Airport and mountains. Lot size is 9,945 SF It features 4 bedrooms, 3.5 Baths with Gormet kitchen with DLS Appliances, LG Dishwasher, Sub Zero Fridge & trash compactor. Formal Living Room leads to patio with Fireplace and built in roll up TV that is weather proof. Large Family room with Fireplace & balcony with spectacular views of the Downtown Burbank. Formal Dining with amazing views of Downtown LA. Large Master Bedroom that has wonderful views of Downtown LA, Downtown Burbank & Burbank Airport, large walk-In closet, balcony and newer master bath with double sinks and Jacuzzi tub. Newer African Mahogany Hardwood Floors throughout. Home features two Central HVAC (1 @ 4 ton & 1 @ 3 ton). Above ground Jacuzzi. Newer Crown moldings & base boards throughout. Multiple decks / seating areas to enjoy the fabulous views. Very Private Property. The manager has listed the unit size as 3692 square feet.
| |||
| Dec 27, 2017 | Sold | ||
| Sold | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Burbank
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Listed by: Brett Howard, Howard Realty Group
Last Updated: 4 months ago
Data Source: CRMLS, MLS# BB17215356
Last Updated: 4 months ago
Data Source: CRMLS, MLS# BB17215356
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