tomo logo

$2,000,000

Beds
8
sq ft
3,912

2250 N Frederic St, Burbank, CA 91504

2250 N Frederic St

Burbank, CA 91504

  • 24 days on market
Welcome to 2250 N Frederic St, a well-maintained and recently remodeled Fourplex nestled in the heart of Burbank - one of the most sought-after rental markets in LA! Built in 1964, the property spans 3,912 SF situated on a 6,500 SF lot and features (4) spacious 2-bed + 1-bath units. All four units been fully remodeled and upgraded with modern finishes and in-unit washer/dryers, along with various improvements made to the plumbing, electrical, and flooring. The property also includes designated carport parking spaces, each with separate leases, and offers the potential for ADU conversion (buyer to verify), creating an opportunity for additional rental income. The prime location offers unbeatable access to top-rated schools, shopping, dining, and the 5, 134, and 170 freeways. Just minutes from major employment hubs like Warner Bros. Studios, Disney, and the Burbank Media District.

Details

Property type

Est. home value

$1,680,845

Property condition

Updated/Remodeled

Lot size

6,501 sq ft

Price per sq ft

$512

Year built

1964

HOA

No

Price History

03/10/2025
CLAW

CLAW #25509551

Listed
$2,000,000
+24.22%
11/30/2021
CRMLS

CRMLS #BB21225691

Sold
$1,610,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$721,185
Asking price
$2,000,000
Closing costs (~8% of asking)
-$160,000
Est. remaining loan balance
-$1,118,815
Cash to seller
$721,185

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

November 2021

Original loan amount

$1,207,500

Est. remaining balance

$1,118,815

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Katherine Smith and Daniel Smith

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/03/2025 at 8:00 PM

Listing updated: 03/11/2025 at 2:15 PM

Listed by: David Weinberger, Keller Williams Studio City Phone #: (818) 432-1500

MLS: CLAW #25509551

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