1814 Grismer Ave Burbank, CA 91504
Property details
About 1814 Grismer Ave
The building is exempt from Los Angeles Rent Control and therefore an investor can benefit from higher allowable annual rent increases through AB 1482. Only two units have been given rent increases within the past year, potentially allowing a new owner to improve the property's cashflow almost immediately (Buyer to verify). Situated within a mile of both the Burbank Town Center and the Empire Center, this property grants tenants convenient access to numerous major national retailers and an extensive slate of entertainment and dining options. Stores such as Costco, Target, Walmart, Nordstrom Rack, Macy's, Cost Plus World Market, and Best Buy provide local residents a wide array of local shopping choices. Dubbed the "Media Capital of the World," the city of Burbank is home to a vast contingent of entertainment employers, which allows tenants convenient commutes to studios. Notable media production campuses in and around Burbank include Disney Studios, Walt Disney Imagineering, Warner Bros. Studios, Universal Studios, Nickelodeon Studios, Cartoon Network, and Dreamworks Animation.
Highlights
Summary
- MLS Number: 24460053
- MLS Name: CRMLS
- Office Name: Marcus & Millichap
- Office Phone: (818) 212-2700
- Listing Agent: Roderick 'Rick' Raymundo
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: 1/23/2025, 4:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$5,500,000
1814 Grismer Ave
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 12, 2017 | Home Sold | $3,700,000 |
| Mar 02, 2000 | Home Sold | $710,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2021 | $3,924,258 | $44,580 |
| 2020 | $3,884,020 | $42,849 |
| 2019 | $3,807,864 | $42,466 |
| 2018 | $3,733,200 | $17,503 |
| 2017 | $1,474,676 | $17,503 |
History based on county public records data.
Nearby schools
7
Thomas Jefferson Elementary School
Public District KG-5
0.3 mi
•1900 N 6th St
8
George Washington Elementary
Public District KG-5
0.6 mi
•2322 N Lincoln St
7
Ralph Emerson Elementary
Public District KG-5
1.1 mi
•720 E Cypress Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $64,063. The most common annual income of people living in Burbank, CA is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Major League Soccer (MLS)
Music Concerts
Art Museums
Where do the neighbors shop?
Banana Republic
H&M
Bloomingdales
Where do the neighbors go to eat?
Jack In The Box
Chipotle
Starbucks
What do the neighbors drive?
Toyota
Volkswagen
Audi
What do the neighbors listen to?
Jazz
Rhythmic Contemporary Hits
News
Frequently asked questions
About 1814 Grismer Ave
This home is located at 1814 Grismer Ave in Burbank, CA and zip code 91504 in the The Verdugos neighborhood. This 9,906 square foot home, which was built in 1961, sits on a 0.23 acre lot. Features: 14 bedrooms, 16 bathrooms. It has been listed on Rocket Homes since November 5, 2024 and is currently priced at $5,500,000.
In December 2024 more than 29 listings in Burbank, CA were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 17 were sold below. The number of homes for sale in Burbank, CA decreased by 7.5% between November and December 2024. In December 2024 median list price was $1,167,400 and the average listing age was 20 days.