2 months on rocket

2415 N Lincoln St, Burbank, CA, 91504

$2,800,000

0 Baths
Multi

Location

Image provided by Mapbox

Property Highlights

Home TypeTriplex
Garage1 space
Year Built1939
HeatingCentral
CoolingCentral Air
FireplaceGas, Living Room
ViewNone
MLS #CV24184894
Lot Size0.18 Acres
StatusActive

About 2415 N Lincoln St

Property Overview: Prime Location: Situated in the vibrant Burbank 91504 area, this property is conveniently close to major shopping centers and studios. Top-Rated School District: Burbank is renowned for its excellent schools, significantly enhancing property value. Exceptional Public Services: The area benefits from outstanding police and fire departments, ensuring a safe and secure environment. Front House has 3 bedrooms, 2 bathrooms, Parking: Includes a 1-car covered garage and 3 additional parking spaces. Upgraded Condition: Recently remodeled for modern living. Climate Control: Equipped with central air and heating. Back Units 1: 2 bedrooms, 2.5 bathrooms, features a private patio, 2 designated parking spaces, recently remodeled for modern comfort. Climate Control: Equipped with central air and heating, back Unit 2 Second Floor 2 bedrooms, 2 bathrooms, Includes two balconies. Parking: 2 designated parking spaces. Upgraded Condition: Recently remodeled with modern amenities. Climate Control: Equipped with central air and heating. Conveniently located near schools, public transportation, shopping, and entertainment in Burbank. Easy access to the 5 Freeway, ideal for commuters. Investment Potential: Lucrative Income Property: This 3-unit property is poised to generate steady rental income, especially in Burbank’s high-demand market. Recent Upgrades: All units have been Completely remodeled in 2019, making them highly attractive to tenants seeking modern living spaces. Modern Amenities: Central air and heating in all units add significant value to the property. This property offers strong potential for rental income and long-term appreciation due to its prime location and high-quality units. For potential investors, it’s advisable to analyze the current rental market in Burbank, project potential income, and consider future value appreciation.

Property Details

Property Features

Property Information:

  • Year Built: 1939
  • Stories: 2

Listing Office:

  • Office Name: RE/MAX MASTERS REALTY
  • Office Phone: (949) 231-7753
  • Listing Agent: Al Barlas

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Oven, Gas Range, Refrigerator, Water Heater
  • Flooring Type: Carpet, Vinyl
  • Interior: Balcony, Granite Counters, Walk-In Closet(s)
  • Fireplace: Gas, Living Room

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 1 space

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: North San Fernando Blvd & N Lincoln St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,800,000

Tax Information:

  • Annual Amount: $16,866
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Burbank, CA.

Med. Sold Price

$1.1M

Med. Price/SqFt

$788

Avg. Days On Market

31

# of Sold Homes

47

2415 N Lincoln St vs Burbank

68 DAYS ON ROCKET

+37 Days

$2,800,000

+$1.6M More

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price in Burbank, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #CV24184894

Listing Office:

  • Office Name: RE/MAX MASTERS REALTY
  • Office Phone: (949) 231-7753
  • Listing Agent: Al Barlas

IDX 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 broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 8:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 12, 2019Home Sold
$1,300,000
May 31, 2001Home Sold
$246,000
Apr 22, 1999Home Sold
$266,000
Jun 11, 1997Home Sold
$189,000
Jun 24, 1994Home Sold
$175,000

Tax History

YEARPROP. TAXASSESSMENT
2021$16,866$1,500,000
2020$6,303$1,300,000
2019$3,664$550,479
2018$3,587$325,767
2017$3,587$319,380

History based on county public records data.

Payment Calculator

$14K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,461

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-386750
8
/10
  • George Washington Elementary

  • 2322 N Lincoln St

  • 0.09 miles

  • Public District Grades KG-5

school-card-donut-386751
7
/10
  • Thomas Jefferson Elementary School

  • 1900 N 6th St

  • 0.87 miles

  • Public District Grades KG-5

school-card-donut-386752
6
/10
  • Providencia Elementary

  • 1919 N Ontario St

  • 0.92 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,413. Residents of Burbank, CA typically earn less than $35k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

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Rocket HomesCaliforniaLos Angeles CountyBurbank915042415 N Lincoln St

This home is located at 2415 N Lincoln St in Burbank, CA and zip code 91504 in the The Verdugos neighborhood. This home, which was built in 1939, sits on a 0.18 acre lot. It has been listed on Rocket Homes since September 09, 2024 and is currently priced at $2,800,000.

In October 2024 more than 21 listings in Burbank, CA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 24 were sold below. In October 2024 in Burbank, CA there were 13.9% more homes for sale than in September 2024. Listings spent 31 days on the market in October 2024, and had a median list price of $1,128,372 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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