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328 E Tujunga Ave, Burbank, CA 91502
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328 E Tujunga Ave Burbank, CA 91502

$2,500,000 Sold Price as of 05/08/2023
  • 15 Beds
  • 9 Baths
  • 6,646 Sq.Ft.
Sold
$2,500,000 Sold Price as of 05/08/2023 Refinance Your Mortgage
Map preview of 328 E Tujunga Ave, Burbank, CA 91502

Property Overview: 328 E Tujunga Ave Burbank, CA has 15 bedrooms, 9 bathrooms, 6,646 living square feet and 7,620 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Prime Location! Quality 8-unit building located in the heart of downtown Burbank. Pride of ownership in these well-maintained units that have been in the family for decades. Most units have some or all upgrades, 3 garage parking in front, and carports in the back. The wonderful courtyard allows some of the upstairs units to have balconies and patios with a view of the mountains. Walk to great shopping, restaurants, and Burbank Towncenter. Located 3 blocks from Burbank Police/Fire departments and Burbank Public library. Burbank is known to be the Media Capital and is home to Disney, Warner Bros, Nickelodeon, Netflix, and Burbank Studios, Close to Ikea, Hollywood/Burbank Airport, St. Joseph's Hospital, Hollywood Bowl, and DTLA. Burbank Amenities also include Debell Golf Course, Award-winning parks & recreation, LA Equestrian Center, and Starlight Bowl. The City of Burbank is an incorporated city with its own Police/Fire, Schools and is not under LA city rent control. All tenants are on month-to-month. Unit makeup consists of 2) 1br-1 bath, 5)2br -1 bath and 1) 3br-2 bath. The 3-bedroom unit is renovated and vacant and can be viewed with an appointment.

Listed by Cameron Hunter | BRE #01900152 | Media West Realty,Inc.
Last checked: 14 minutes ago | Last updated: June 6th, 2023 | Source CRMLS | DOM: 162

Home details

Lot Sq. Ft
7,620
HOA Dues
$0/mo
Year built
1962
Garage
3 Car
Property Type:
Apartment
Status
Sold
MLS#
BB22234092
City
Burbank
County
Los Angeles
Time on Site
539 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Leased Units: 7
  • # of Electric Meters: 9
  • # of Gas Meters: 9
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,204
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,452
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,505
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,452
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,369
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,259
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,452
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,232
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,452
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,505
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,452
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,068
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,850
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.73%
  • Gross Rent Multiplier: 21
  • Gross Scheduled Income: $143,904
  • Net Operating Income: $111,926
  • Gross Operating Income: $101,028
  • Laundry Income: $69
Annual Expense Breakdown
  • Total Operating Expense: $31,978
  • Electric: $1,915
  • Gas/Fuel: $3,534
  • New Taxes: $40,065
  • Trash: $1,919
  • Gardener: $1,200
  • Insurance: $7,006
  • Maintenance: $1,800
  • Professional Management: $0
  • Water/Sewer: $0

Virtual Tour

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Property Details for 328 E Tujunga Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area, Individual Room
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Block
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 8
  • Parcel Number: 2453021010
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 3rd street East on Tujunga
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Burbank Agent

Sale History for 328 E Tujunga Ave

Last sold for $2,500,000 on May 8th, 2023

  • May, 2023

  • May 8, 2023

    Date

    Sold

    CRMLS: BB22234092

    $2,500,000

    Price

  • Nov 2, 2022

    Date

    Active

    CRMLS: BB22234092

    $3,250,000

    Price

  • December, 2022

  • Dec 3, 2022

    Date

    Leased

    CRMLS: BB22243983

    $2,850

    Price

  • Nov 18, 2022

    Date

    Active

    CRMLS: BB22243983

    $2,850

    Price

  • Listing provided courtesy of CRMLS

    3 bedroom 2 bath upstairs single story

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Tax History for 328 E Tujunga Ave

Assessed Value (2020): $207,675
Year Land Value Improved Value Assessed Value
2020 $39,872 $167,803 $207,675

Home Value Compared to the Market

This property vs the competition

328 E Tujunga Ave sold on May 8, 2023 for 119.8% higher than the current median sold price for the city of Burbank which is $1,262,500. The median sold price per/sqft for Burbank is $739 and this home is sold at $417.54 per/sqft which puts the price per square foot 43.5% lower than the current median sale per square foot for the city of Burbank.

About 328 E Tujunga Ave

Detailed summary of property

328 E Tujunga Ave is a apartment that recently sold in Burbank, CA 91502. This apartment offered 15 bedrooms, 9 bathrooms, roughly 6,646 living square feet, and sits on an approximately 7,620 square foot lot. 328 E Tujunga Ave was first listed on ArdentRealEstateGroup.com on November 2, 2022. The homeowner sold the property for $2,500,000. Home in Burbank are selling for a median price of $1,262,500 and a median price per square foot of $739. Based on Ardent Real Estate Group's Burbank Market Data, this home is sold 119.8% higher than the current median priced home. Local homes that are currently for sale include 5700 La Mirada Ave, 3429 Andrita St and 1140 N Beachwood Dr. While the average home in Burbank, CA is selling in 65 days, 328 E Tujunga Ave has a days on market of 162 days. There are currently 125 homes for sale in the Burbank real estate market and 96 of them are single family homes while 19 of them are condos and 10 are townhomes. For more information on this home for sale at 328 E Tujunga Ave Burbank, CA 91502 contact Ardent Real Estate Group and we will put you in touch with one of our Burbank agents.

Public Facts for 328 E Tujunga Ave

Public county record property details
Beds
14
Baths
9
Year built
1962
Sq. Ft.
6,646
Lot Size
7,620
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
14
APN
2453-021-010

The source for these homes facts are from public records.

91502 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$899,000
Median List Price/Sq.Ft.
$508
Median Sold Price
$635,000
Median Sold Price/Sq.Ft.
$518
Total Inventory
4
Median Sale to List Price %
99.37%
Avg Days on Market
17
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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