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$1,459,000

Beds
4
Baths
3.0
sq ft
1,948

919 N Buena Vista St, Burbank, CA 91505

919 N Buena Vista St

Burbank, CA 91505

  • 81 days on market
    • Price drop $15,000↓
Incredible opportunity to own two homes on one lot in a highly desirable Burbank location.*Front House (919 N Buena Vista): 2 bedrooms, 1 bath, 941 sq ft, recently remodeled with an open layout. Features include new luxury flooring, fresh paint, recessed lighting, an updated kitchen with new countertops and cabinets, and stainless steel appliances. The bathroom is fully updated with modern fixtures and attached 2-car garage. The exterior has been upgraded with new landscaping and concrete, perfect for outdoor living.*Back House (921 N Buena Vista): Brand-new ADU with 2 bedrooms, 2 baths, approximately 1,000 sq ft. This newly constructed unit features high-end finishes throughout, an open-concept living area, a modern kitchen with quartz countertops and custom cabinetry, and luxurious bathrooms with rain showers. Additional highlights include PAID OFF solar panels, brand-new central AC units, and exterior lighting all around the property. Both units will be delivered vacant, offering flexibility to live in one and rent the other, or rent both for significant income potential. This is a rare opportunity for owner-occupiers or investors, combining modern amenities, energy-efficient features, and prime location. This property won't last long schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$938,277

Lot size

6,885 sq ft

Price per sq ft

$749

Year built

1940

HOA

No

Price History

12/10/2024
CLAW

CLAW #24448257

Price change
$1,459,000
-1.02%
11/14/2024
CLAW

CLAW #24448257

Price change
$1,474,000
-1.67%
10/02/2024
CLAW

CLAW #24448257

Listed
$1,499,000
+73.29%

Schools & Community

Neighborhood: 

Magnolia Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$622,051
Asking price
$1,459,000
Closing costs (~8% of asking)
-$116,720
Est. remaining loan balance
-$720,229
Cash to seller
$622,051

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

Seller’s Loan History

Lender

Pmac Lending Services Inc

Loan start date

March 2023

Original loan amount

$735,250

Est. remaining balance

$720,229

Interest rate

6.12%

Loan type

New Conventional, 30 year

Seller

Shareh Hosepo

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?

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Status: Active

Tomo last checked: 12/22/2024 at 6:55 PM

Listing updated: 12/10/2024 at 9:55 AM

Listed by: Estepan Kechichian, Signature Fine Estates, Inc. Phone #: (626) 429-9740

MLS: CLAW #24448257

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