2664 North Frederic Street

Burbank, CA 91504

$1,325,000
Last Sold Price
2
Beds
3
Baths
2,059 Sq. Ft.
$644 / Sq. Ft.
2,059
Sq. Ft.
$644
per Sq. Ft.

Description

The MOST STUNNINGLY WELL MAINTAINED TRIPLEX available in Prime Burbank Hill area! ALL three units are 2+1, featuring splendid upgrades- all dual glazed energy efficient glass, new stucco, newer HVAC on 2 units, new water heaters, gorgeous landscaping, a super quiet cul-de-sac neighborhood surrounded by Burbank's 150,000+ jobs, and all major Studios and production firms nearby. Super access to Burbank Airport but no flight noise! Next to I-5, but giant sound wall, so quiet. Onsite laundry room for...The MOST STUNNINGLY WELL MAINTAINED TRIPLEX available in Prime Burbank Hill area! ALL three units are 2+1, featuring splendid upgrades- all dual glazed energy efficient glass, new stucco, newer HVAC on 2 units, new water heaters, gorgeous landscaping, a super quiet cul-de-sac neighborhood surrounded by Burbank's 150,000+ jobs, and all major Studios and production firms nearby. Super access to Burbank Airport but no flight noise! Next to I-5, but giant sound wall, so quiet. Onsite laundry room for tenant ease, plus 3 garages (ADU upside possibly?) and additional off-street parking space. "Drool-worthy" investment, pride of ownership throughout! HUGE UPSIDE: Now laundry room earns $75 mo, but could be $135 mo with price adjustment. One garage not included in lease and can be rented for $200+ mo (other 2 run with current leases); Open parking pad can be rented to RV for $365+ mo instantly. Rents should all be increased as the terms finish: ALL VERY LOW! Proforma rents within two years if garages and pad rented, rents increased, etc (even without ADUs!) should be $8,870 mo/$106,440 yr. by calculating one turnover/new tenant. Look at this splendid LONG TERM ownership property!
  1. Listed by Barry Burnett • DRE #00989278 • Brokerage DRE #01363719 • Barry Burnett Realty, Inc. • Barry@BarryBurnett.net
  2. Listed by Stefan Doomanis • DRE #01969643 • Brokerage DRE #01363719 • Barry Burnett Realty, Inc.

Property Details for 2664 North Frederic Street

Parking Spaces Total
4
Private Pool
No
Cooling Type
Central Forced Air
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2059
Assessor Parcel Number
2473-021-019
LISTING UPDATED: 07/01/2024 05:10 AM

Property Details for 2664 North Frederic Street

StatusClosed
MLS #BB24098359
Days on Market9
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1951
Lot Size0.14 AC / 6,041 SF
CountyLos Angeles County

Building Information for 2664 North Frederic Street

Stories1Residences-Year Built1951Building Size-Lot Size0.14 AC / 6,041 SF

Property Information for 2664 North Frederic Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Exterior Maintenance, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $69,000
  • Gross Scheduled Income: $5,750
  • Net Operating Income: $60,000
  • Number Of Rented Garages: 0
  • Laundry Income: $75
  • Other Income Description: Year 2.5 PROFORMA: $106,440 yr
  • Financing: Cash
Expense Details
  • Operating Expense: $750
  • Fuel Expense: $0
  • Electric Expense: $1
  • Insurance Expense: $1
  • Trash Expense: $1
  • Water Sewer Expense: $1
  • Total Expenses: $5
Tax / Assessment Info
  • Tax Tract Number: 12320
  • Tax Census Tract: 3104.00
  • CFD/Mello-Roos Fee: $320
  • Tax Lot: 95
Community / Development
Community / Development
  • Community Features: Biking, Curbs, Foothills, Gutters, Sidewalks, Suburban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area, Dryer Included, In Garage, Washer Included
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Entry Location: front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Green Info
  • Walk Score: 69
  • Green Energy Efficient: Thermostat, Water Heater, Windows
Land/Lot Info
  • Lot Features: Front Yard, Landscaped, Lawn, Level with Street, Rectangular Lot, Level, Near Public Transit, Paved, Walkstreet
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Water: Public
  • Sewer: Sewer Paid
  • Sewer/Septic: Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Uncovered Spaces: 1
  • Open Other Spaces Total: 1
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 3
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $5,750
  • Unit Type Total Rent: $69,000
  • Unit Type Pro Forma: 106440
  • Unit Type Type: 1
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 2664 North Frederic Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2664 North Frederic Street

Taxable ValueLand$253,797Additions$87,838Total$341,635
Tax Record2024$4,069 ($339 / month)
Home Facts
Total Finished SqFt2,059 SqFtAbove Grade Finished SqFt2,059 SqFtLot Size6,039 SqFtStyleTriplexYear Built1951ZoningBUR4*CountyLOS ANGELESAPN2473-021-019

Schools near 2664 North Frederic Street

This home is within Burbank Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
George Washington Elementary School
PublicK to 5

Luther Burbank Middle School
Public6 to 8

Burbank High School
Public9 to 12

Magnolia Park School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Barry Burnett Realty, Inc., Barry Burnett, DRE #00989278; Barry Burnett Realty, Inc., Stefan Doomanis, DRE #01969643

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.