$988,233
●
House -
Off Market
734 N Florence Street
Burbank, CA 91505
3 Beds
1 Bath
2,365 Ft²
$1,416,697
RealtyHop Estimate
49.14%
Since Sep 1, 2018
CA-Los Angeles
Primary Model
About This Property
ENDLESS POSSIBILITIES: MAIN HOUSE W/ 3 BEDROOM, 1 3/4 BATH + GUEST
HOUSE W/ 1 BEDROOM, 1 BATH! Living room boasts custom
built-ins, tasteful stone accents & a cozy fireplace. Open floor
plan with large dining room leads to the newly remolded kitchen w/
quartz counters, luxury vinyl plank floors, stainless steel
appliances and tile backsplash finish. Split floor plan includes
Master Bedroom with walk-in closet and large en-suite bath complete
w/ a rain shower head & stylish tile backsplash. There are 2
additional large bedrooms and a newly remodeled bath w/ double
sinks. Large patio off Master with wood pergola offers an outdoor
retreat. Private 1 bedroom, 1 bath Guest House has been recently
remodeled and is complete w/ new split unit HVAC & upgraded bath.
The Guest House includes a full kitchen, laundry inside unit & a
large privately fenced patio. Property also offers a private
detached office/studio w/recessed lighting, luxury vinyl plank
floors & a mini split HVAC system. Oversized motorized gate
entry opens to large parking pad, great for additional cars or RV
as well access to the finished garage. Nestled in the heart
of Magnolia Park, this dream home is ideal multi-generational
families, or additional income opportunities!
Unit Size
2,365 Ft²
Days on Market
93 days
Land Size
0.16 acres
Price per sqft
$402
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1925
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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: 5 months ago (CRMLS #BB18121253)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 23, 2018 | Sold | ||
| Sold | |||
| Jul 18, 2018 | Listed by Media West Realty,Inc. | $949,900 | |
| Listed by Media West Realty,Inc. | |||
 | |||
|
ENDLESS POSSIBILITIES: MAIN HOUSE W/ 3 BEDROOM, 1 3/4 BATH + GUEST HOUSE W/ 1 BEDROOM, 1 BATH! Living room boasts custom built-ins, tasteful stone accents & a cozy fireplace. Open floor plan with large dining room leads to the newly remolded kitchen w/ quartz counters, luxury vinyl plank floors, stainless steel appliances and tile backsplash finish. Split floor plan includes Master Bedroom with walk-in closet and large en-suite bath complete w/ a rain shower head & stylish tile backsplash. There are 2 additional large bedrooms and a newly remodeled bath w/ double sinks. Large patio off Master with wood pergola offers an outdoor retreat. Private 1 bedroom, 1 bath Guest House has been recently remodeled and is complete w/ new split unit HVAC & upgraded bath. The Guest House includes a full kitchen, laundry inside unit & a large privately fenced patio. Property also offers a private detached office/studio w/recessed lighting, luxury vinyl plank floors & a mini split HVAC system. Oversized motorized gate entry opens to large parking pad, great for additional cars or RV as well access to the finished garage. Nestled in the heart of Magnolia Park, this dream home is ideal multi-generational families, or additional income opportunities!
| |||
| May 22, 2018 | Listed by Media West Realty,Inc. | $949,900 | |
| Listed by Media West Realty,Inc. | |||
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
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$9,500 /mo
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$8,500 /mo
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Listed by: Bryan Ochse, Media West Realty,Inc.
Last Updated: 5 months ago
Data Source: CRMLS, MLS# BB18121253
Last Updated: 5 months ago
Data Source: CRMLS, MLS# BB18121253
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