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633 N Rosemary LaneBurbank, CA 91505

For Sale

$1,979,000

Smart Buyer Rebate $19,790

This unique investment property is located on a desirable street in Burbank's Magnolia Park! It is located close to Verdugo Park and within walking distance to all the quaint shops, restaurants, and coffee shops on Magnolia Blvd. You won't want to miss it! The building features (4) two bed / one bath units, (2) two-car shared garages, cute patio areas for several units, plus a large backyard area for the rear unit. Each unit has washer /dryer hookups. All units are tenant-occupied with strong rental income, so this is a perfect opportunity for an Investor who is looking for great tenants and a great property to invest in! This is a prime real estate opportunity!

Listed by Bill Toth

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License #01023622

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First Class Real Estate

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818-434-2110

Last updated February 12, 2025

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Source: CRMLS #SR24132670

Listing Facts

  • TypeMulti-family
  • NeighborhoodMagnolia Park
  • Days on Prevu436

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

01/14/2025
Price Decreased
$1,979,000
12/19/2024
Price Increased
$1,999,000
12/19/2024
Price Decreased
$1,199,000
11/22/2024
Price Decreased
$2,029,000
09/13/2024
Price Decreased
$2,049,000
09/07/2024
Price Decreased
$2,079,000
08/16/2024
Price Decreased
$2,099,000
07/29/2024
Price Decreased
$2,129,000
06/28/2024
Listed by First Class Real Estate
$2,179,000

Property Details for 633 N Rosemary Lane

Association

Amenities

  • Community Features: Curbs, Storm Drain(s), Street Lights, Sidewalks

Exterior

Construction

  • Number Of Units Total: 4
  • Property Attached: Yes
  • Property Condition: Turnkey
  • Roof: Composition, Shingle
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1944
  • Architectural Style: Traditional
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: 1

Features

  • Road Frontage Type: City Street
  • View: Neighborhood

Measurements

  • Building Area Total: 3,224
  • Building Area Units: Square Feet
  • Lot Features: Front Yard
  • Lot Size Acres: 0.26
  • Lot Size Area: 11,717
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 11,717
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $115,800.00

Taxes

  • Parcel Number: 2480022006

Interior

Features

  • Flooring: Wood

Other

General

  • Exclusions: any and all tenant-owned appliances

Location

  • Tax Lot: 27

Parking

Parking

  • Garage Spaces: 4
  • Garage: Yes
  • Parking Features: Garage, Garage Door Opener, Garage Faces Side
  • Parking Total: 4

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.