Property Details
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This property, located at 2514 West Burbank BLVD in Burbank, CA 91505, is a commercial building that was built in 1948. It was last sold on 10/18/2022. The property is situated within subdivision 8675 and consists of lots 11,12,13, and 14, with a total lot size of 10,777 square feet. The building, which has a living total of 6,000 square feet, does not have any heating and is a one-story structure. The tax assessed value of this property is $1,961,113, with the value of improvements at $813,164 and the remaining $1,147,949 being the value of the land. The current market improvement percentage stands at 41 and the annual tax bill is $22,531.16.
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In most states, the history of a loss of life in a home, no matter how it occurred, even violently, is not considered a "Material Fact" and it's not required to be disclosed. This history depending on the event, can decrease the home's value by 25% and increase its time to sell by up to 50% longer than comparable homes. Properties with such a history are referred to as Stigmatized Properties.Would you want to know stigmatized history of the property before you sign the contract?
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