4 months on rocket

924 W Clark Ave, Burbank, CA, 91506

$1,999,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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924 W Clark Ave, Burbank$1,999,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingAssigned, Covered
Garage1 space
Year Built1949
HeatingNatural Gas
CoolingWall/Window Unit(s)
FireplaceNone
ViewNone
MLS #SR24166746
Lot Size0.14 Acres
StatusActive

About 924 W Clark Ave

Never Been Offered for Sale! This is a 4-plex on a 6,178 sq/ft lot, located in prime, desirable area of Burbank. These 4 units are within walking distance to George Izay Park, Walt Disney Elementary School, shopping amenities, entertainment studios like Nickelodeon, Warner Bros. and Disney. Not to mention access to the 5 and 134 freeways and even closer to LA Equestrian Center Rents are significantly below market value, which creates an opportunity to have significant improvements in rental income. These 4 units on one lot consist of Two, 2 bedrooms and Two 1 bedrooms with a total of 6 bedrooms and 6 bathrooms per county records. Each unit has its own gas and electric and A/C units. Situated in a Prime rental district, the location ensures strong rental demand with the proximity to even, Starbucks. Lots of potential for owner / user wanting tenants to help with the mortgage, or investors look for great upside potential. 1+1 is vacant, lower unit, and ready for big return. Call for more details. IMPORTANT that you do not disturb the residents an anyway, Please!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1949
  • Stories: 2

Listing Office:

  • Office Name: Rick Murray Real Estate Services
  • Office Phone: (661) 713-7800
  • Listing Agent: Richard Murray

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Interior: All Bedrooms Down
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 1 space
  • Parking: Assigned, Covered

Lot Features

Lot Information:

  • Lot: Level, Near Public Transit
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Major cross streets Victory & Olive. Clark is off Victory before Olive Ave. 2nd unit of Left

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,999,000

Tax Information:

  • Annual Amount: $2,862
  • Tax Year: 2021
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Housing Market Comparison

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

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Burbank, CA

City

Med. Sold Price

$1.1M

Med. Price/SqFt

$790

Avg. Days On Market

27

# of Sold Homes

37

924 W Clark Ave vs Burbank

125 DAYS ON ROCKET

+98 Days

$1,999,000

+$849.5K More

KEY TAKEAWAY

This property is $849.5K 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: #SR24166746

Listing Office:

  • Office Name: Rick Murray Real Estate Services
  • Office Phone: (661) 713-7800
  • Listing Agent: Richard Murray

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: 12/18/2024, 2:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,862$228,076
2020$2,754$225,481
2019$2,648$221,061
2018$2,595$216,728
2017$2,595$212,479

History based on county public records data.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,060

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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-4556116
7
/10

  • Walt Disney Elementary School

  • 1220 W Orange Grove Ave

  • 0.18 miles

  • Public District Grades KG-5

school-card-donut-4556117
6
/10

  • William McKinley Elementary School

  • 349 W Valencia Ave

  • 0.63 miles

  • Public District Grades KG-5

school-card-donut-4556118
6
/10

  • Thomas Edison Elementary

  • 2110 Chestnut St

  • 0.99 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,425. Most Burbank, CA residents have annual incomes less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Burbank›91506›924 W Clark Ave

This home is located at 924 W Clark Ave in Burbank, CA and zip code 91506 in the Chandler Park neighborhood. This home, which was built in 1949, sits on a 0.14 acre lot. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $1,999,000.

Burbank, CA housing market in November 2024 saw over 16 listings sold above listed price, more than 8 sold at listed price and over 13 sold below. The number of homes for sale in Burbank, CA decreased by 7.3% between October 2024 and November 2024. In November 2024, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $1,149,500.

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

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