12 days on rocket

1141 N Lima St, Burbank, CA, 91505

$998,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
1 Full Bath
1,044 SqFt
$956/SqFt
House
Schools Nearby

Location

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1141 N Lima St, Burbank$998,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage, Garage Door Opener, Garage Faces Rear
Garage2 spaces
Year Built1938
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewHills
MLS #BB24064203
Lot Size0.10 Acres
StatusActive

About 1141 N Lima St

Location gem! Welcome to this charming residence nestled in the heart of Magnolia Park, offering a safe neighborhood that’s right over the hill from the action of Hollywood in one direction and Beverly Hills in the other. This well-loved home showcases numerous upgrades including a newer roof, updated electrical wiring, and upgraded copper plumbing. Experience energy-efficient living with a tankless water heater and enjoy year-round comfort with new central air and heating, and the recently updated bathroom features new plumbing fixtures. This home offers you the opportunity to get a great home that leaves just enough room to per your personal touch on it. Step out your front door and run, bike or walk the delightful Chandler bike path, 7 miles of converted railway tracks completed in the 1980s. Or walk one block to Magnolia Blvd where you're in the heart of the best spots from Portos, to Simply Coffee, to Romancing the Bean, to numerous great vintage shops. This home boasts Roosevelt public Elementary School as its assigned school, one of the most highly sought-after within Burbank USD. Lastly, Burbank is known as an industry town because it’s also just a stone's throw to the major studios including Disney, Marvel, Cartoon Network, nickelodeon, Universal, and Warner Brothers, which has broken ground on constructing a new approximately 487,000 square foot 7-story building that will contain space for a new studio tour center! Very easy access to major highways and public transportation for a hassle-free commute. Don't miss out on the chance to make this house your new home, or your next investment property!

Property Details

Property Features

Property Information:

  • Year Built: 1938
  • Stories: 1
  • Living Area: 1,044 SqFt

Listing Office:

  • Office Name: Keller Williams Realty World Media Center
  • Office Phone: (650) 452-3023
  • Listing Agent: Michelle Crochet

Interior Features

Interior Information:

  • Appliances: Range, Electric Oven, Electric Water Heater, Microwave, Water Heater, Dryer, Washer
  • Flooring Type: Carpet, Laminate
  • Interior: All Bedrooms Down, Galley Kitchen
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Hills

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Garage, Garage Door Opener, Garage Faces Rear

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Burroughs High School, Public District Grades 9-12
  • Luther Burbank Middle School, Public District Grades 6-8
  • David Starr Jordan Middle School, Public District Grades 6-8
  • John Muir Middle School, Public District Grades 6-8
  • Theodore Roosevelt Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: 134 Exit Hollywood go North, right on Magnolia, left on Lima

Price Information

Listing Price Info

Price Summary:

  • List Price: $998,000
  • Price Per SqFt: $956/SqFt

Tax Information:

  • Annual Amount: $3,467
  • 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

$750

Avg. Days On Market

21

# of Sold Homes

54

1141 N Lima St vs Burbank

12 DAYS ON ROCKET

-9 Days

$998,000

-$123.1K Less

$956/SqFt

+$206 More

KEY TAKEAWAY

This property is $123.1K less than the Median Sold Price and $206/SqFt more than other homes in Burbank, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #BB24064203

Listing Office:

  • Office Name: Keller Williams Realty World Media Center
  • Office Phone: (650) 452-3023
  • Listing Agent: Michelle Crochet

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: 5/20/2024, 1:20:42 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 20, 1988Home Sold
$176,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,467$305,097
2020$3,328$301,970
2019$3,230$296,050
2018$3,161$290,246
2017$3,161$284,556

History based on county public records data.

Payment Calculator

$5,048

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,059

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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.

Elementary School

school-card-donut-4287499
8
/10

  • Theodore Roosevelt Elementary School

  • 850 N Cordova St

  • 0.38 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4287500
7
/10

  • Luther Burbank Middle School

  • 3700 W Jeffries Ave

  • 0.70 miles

  • Public District Grades 6-8

school-card-donut-4287501
5
/10

  • David Starr Jordan Middle School

  • 420 S Mariposa St

  • 1.70 miles

  • Public District Grades 6-8

school-card-donut-4287502
7
/10

  • John Muir Middle School

  • 1111 N Kenneth Rd

  • 2.47 miles

  • Public District Grades 6-8

High School

school-card-donut-4287503
8
/10

  • Burroughs High School

  • 1920 W Clark Ave

  • 1.06 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,766. The majority of Burbank, CA residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1141 N Lima St

What is the listing price of this property?

The listing price of 1141 N Lima St property is $998,000.

What type of property is this?

The property 1141 N Lima St is a house located in Burbank, California, 91505.

Is this property for sale now?

Active Listing: 1141 N Lima St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1141 N Lima St are:
Theodore Roosevelt Elementary School: GreatSchools Rating 8/10
Luther Burbank Middle School: GreatSchools Rating 7/10
David Starr Jordan Middle School: GreatSchools Rating 5/10
John Muir Middle School: GreatSchools Rating 7/10
Burroughs High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,467 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 20, 1988 for $176,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1141 N Lima St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1141 N Lima St is 1,044 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1141 N Lima St is 1938.

Rocket Homes›California›Los Angeles County›Burbank›91505›1141 N Lima St

This home is located at 1141 N Lima St in Burbank, CA and zip code 91505 in the Magnolia Park neighborhood. This 1,044 square foot home, which was built in 1938, sits on a 0.10 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $998,000.

While more than 29 listings in Burbank, CA in April 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 19 were sold below. The inventory of homes for sale in Burbank, CA between March 2024 and April 2024 decreased by 0.6%. In April 2024, listings were on the market for 21 days. During the same period, the median list price in this real estate market was $1,121,165.

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

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