1340 North Lamer Street

Burbank, CA 91506

$1,389,999
Price
3
Beds
2
Baths
1,285 Sq. Ft.
$1,082 / Sq. Ft.
1,285
Sq. Ft.
$1,082
per Sq. Ft.

Description

Welcome to this charming duplex in the heart of Burbank, situated on a spacious 6,000 sqft lot! This well-maintained property features two separate living units, offering an ideal opportunity for both investors and homeowners looking for rental income potential. This 2/1 & 1/1 Duplex is a spacious 1,285 sqft of living space with a bright and airy open floor plan, perfect for entertaining. The Front Unit Large kitchen with ample cabinet space and modern appliances. Generously sized bedrooms and bathrooms....Welcome to this charming duplex in the heart of Burbank, situated on a spacious 6,000 sqft lot! This well-maintained property features two separate living units, offering an ideal opportunity for both investors and homeowners looking for rental income potential. This 2/1 & 1/1 Duplex is a spacious 1,285 sqft of living space with a bright and airy open floor plan, perfect for entertaining. The Front Unit Large kitchen with ample cabinet space and modern appliances. Generously sized bedrooms and bathrooms. Private backyard area ideal for outdoor living & Laundry hookups available in Front Unit and in the Garage. This Property Features , Prime location, close to schools, parks, shopping, and dining. Ample parking space with Tesla Charging Station, including garage and driveway spots, Expansive 6,000 sqft lot with potential for outdoor expansion or gardening.
  1. Listed by Nathalie Diaz • DRE #02214975 • Brokerage DRE #02142871 • Circle Real Estate
  2. Listed by Brenda Pascual Galvez • DRE #02175812 • Brokerage DRE #02142871 • Circle Real Estate

Property Details for 1340 North Lamer Street

Architectural Style
Bungalow
View
Mountain(s)
Parking Spaces Total
1
Private Pool
No
Cooling Type
Central Forced Air
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor

Open Houses

Saturday, Dec 21st

10:00 AM - 2:00 PM

Public

Sunday, Dec 22nd

10:00 AM - 2:00 PM

Public

LISTING UPDATED: 12/20/2024 10:16 PM

Property Details for 1340 North Lamer Street

StatusActive
MLS #PW24251163
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1946
Lot Size0.14 AC / 6,122 SF
CountyLos Angeles County

Virtual Tour

Building Information for 1340 North Lamer Street

Stories1Residences-Year Built1946Building Size-Lot Size0.14 AC / 6,122 SF

Property Information for 1340 North Lamer Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $66,000
  • Gross Scheduled Income: $66,000
  • Net Operating Income: $64,800
Expense Details
  • Operating Expense: $1,200
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,200
  • Trash Expense: $840
  • Water Sewer Expense: $0
  • Total Expenses: $2,040
Tax / Assessment Info
  • Tax Tract Number: 7649
  • Tax Census Tract: 3109.00
  • CFD/Mello-Roos Fee: $241
  • Tax Lot: 72
Community / Development
Community / Development
  • Community Features: Park
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: In Garage
Exterior Features
  • Window Features: Screens
  • Security Features: Carbon Monoxide Detector(s)
  • Roof: Asphalt
  • Entry Location: FRONT
  • Fence: Yes
  • Fence: Wrought Iron
  • Fencing: Average Condition, Wrought Iron
  • Foundation Details: Raised
  • Property Condition: Turnkey
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: Private, Above Ground
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Sprinkler System
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking: Yes
  • Parking Garage: Garage, Garage - 2 Car
  • Parking Garage Spaces: 1
  • Carport Spaces: 0
  • Parking Features: Garage, Garage - Two Door, Off Street
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 1340 North Lamer 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 1340 North Lamer Street

Taxable ValueLand$320,599Additions$264,071Total$584,670
Tax Record2024$6,659 ($555 / month)
Home Facts
Total Finished SqFt1,285 SqFtAbove Grade Finished SqFt1,285 SqFtLot Size6,120 SqFtStyleDuplexYear Built1946ZoningBUR2*CountyLOS ANGELESAPN2462-008-025

Schools near 1340 North Lamer 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 - 9 to 12
Rating
School
Distance
Thomas Edison Elementary School
PublicK to 5

Luther Burbank Middle School
Public6 to 8

John Burroughs High School
Public9 to 12

Burbank High School
Public9 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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1340 North Lamer Street is a multi-family home for sale in Burbank, CA 91506. This property was listed for sale on December 20, 2024 by Circle Real Estate, it's currently listed at $1,389,999. This listing's school district is Burbank Unified School District. Nearby schools include Thomas Edison Elementary School, Luther Burbank Middle School and John Burroughs High School. 1340 North Lamer Street is a 3-bed, 2-bath, 1,285 sqft multi-family home built in 1946.

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 Circle Real Estate, Nathalie Diaz, DRE #02214975; Circle Real Estate, Brenda Pascual Galvez, DRE #02175812

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.