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521 South Victory Boulevard

521 South Victory Boulevard, Burbank, CA 91502
Property in Rancho Adjacent
1 Units For Sale
Unit for sale at 521 S Victory Blvd, Burbank, CA 91502

$2,450,000

  • Commercial
521 S Victory Blvd, Burbank, CA 91502 Listing by Will Tiao

521 South Victory Boulevard in Burbank, CA was first built in 1946 and is 78 years old. This has been categorized as a commercial property type. It is a single story home. 521 South Victory Boulevard has 3,296 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 4,772 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 521 South Victory Boulevard sold most recently in Jul 7, 2021 for a total of $1,325,000. If you work out the math, that's approximately a cost of $402.00 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $14,695 in taxes each year. The initial year of tax delinquency occurred in 2020. 521 South Victory Boulevard was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,351,500. If we break it down further, the land itself was valued at $994,500. Improvements to the property, however, were assessed at a total of $357,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,772
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,296
  • Gross Building Area: 3,296
  • Building Area: 3,296
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,296
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: 9017
  • Land Acres: 0.11
  • Standard Land Use Code: Store (multi-story)
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: TRACT NO 9017 LOTS 52 AND LOT/SEC 53

Ownership

  • Current Owner : 521 VICTORY LLC
  • Previous Owner : TORRES PROPERTIES LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Burbank Unified School District
  • Census Tract: 310705

Zoning

  • Zoning: BUC4YY

Geography

  • Assessors Map Reference: 24-D1
  • Subdivision Tract Number: 9017
  • Parcel: 2451-023-013
  • Lot: 52
  • Municipality: NORTH /N HOLLYWD/BRBNK
  • Latitude: 34.1695
  • Longitude: -118.313

    Address

  • Full Address: 521 S Victory Blvd
  • Address - House Number: 521
  • Street Direction: S
  • Address - Street Name: Victory
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Burbank
  • Zip Code: 91502

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,695
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 02-530

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,188,000
  • First Open Lien Mortgage Lender: MIDFIRST BANK
  • First Open Lien Mortgage Recording Date: Jul 13, 2021
  • First Open Lien Mortgage Loan Amount: $1,188,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,351,500
  • Assessed Land Value: $994,500
  • Assessed Improvements Value: $357,000

    Sales

  • Current Sale Contract Date: Jul 07, 2021
  • Current Sale Recording Date: Jul 13, 2021
  • Current Sale Transaction ID: 11844678198
  • Current Sale Price: $1,325,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1082069

    Last Sale Mortgage

  • First Mortgage Lender: MIDFIRST BANK
  • First Mortgage Transaction Date: Jul 13, 2021
  • First Mortgage Loan Amount: $1,188,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Burbank



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 521 South Victory Boulevard located in?
The 521 South Victory Boulevard is a located in the neighborhood of Rancho Adjacent in Burbank, Burbank.
How many listings are currently for sale in 521 South Victory Boulevard?
There is a listing currently on the market for sale.
What is the average sales price for listings in 521 South Victory Boulevard?
The average sales price for units in 521 South Victory Boulevard is $2,450,000 currently.

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