NOT LISTED FOR SALE

1011 S Bruce Ln Burbank, CA 91502

Rancho Adjacent Neighborhood

Estimated Value: $1,045,000 - $1,227,701

2 Beds
1 Bath
1,612 Sq Ft
$705/Sq Ft Est. Value

Last Sold March 30, 2017

Last sale price $710,000 $440 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $6,939/month

12 Days on Market

About This Home

As of March 2017

This conveniently located duplex is situated on a cul-de-sac in the highly sought after city of Burbank. Each unit offers two bedrooms and one bath. The living room opens into the dining area, and the updated kitchen features honey-colored wood cabinets, stainless steel double sink, and opens into the service porch with inside laundry! The property has newer electrical, newer kitchen cabinets, and separate meters for each unit. Offering an enclosed rear yard with gazebo patio and citrus trees, a two car detached garage and ample off street parking, this property represents a great opportunity for an investor, or you can live in one, and rent the other!

Last Agent to Sell the Property

Dick Davis

Cornerstone Real Estate Serv. License #00675908 Listed on: 03/01/2017

Last Buyer's Agent

Levon Yengibaryan

Coldwell Banker Hallmark License #01887345

Coldwell Banker Hallmark

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,132

Year Built

  • Built in 1944

Lot Details

  • 6,487 Sq Ft Lot

Home Design

  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5625017014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,132

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: BUR4*
  • Property Type: Residential Income
  • Parcel Number: 5625017014
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6487.00
  • Lot Size Acres: 0.1500

Multi Family

  • Lot Size Area: 6487.0000 Square Feet
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2025
Sold by
Petrosyan Arman and Petrosyan Marianna
Bought by
Petrosyan Family Revocable Trust and Petrosyan
Current Estimated Value
$1,128,315

Purchase Details

Closed on
Jun 17, 2024
Sold by
Arbian Vahe and Arbian Liza
Bought by
Vahe Arabian And Liza Arabian Trust and Arabian

Purchase Details

Listed on
Mar 1, 2017
Closed on
Mar 22, 2017
Sold by
Williams Sharon Lynn and The James L Williams & Jane L
Bought by
Petrosyan Arman and Petrosyan Marianna
Seller's Agent
Dick Davis
Cornerstone Real Estate Serv.
Buyer's Agent
Levon Yengibaryan
Coldwell Banker Hallmark
List Price
$648,000
Sold Price
$710,000
Premium/Discount to List
$62,000
9.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%

Purchase Details

Closed on
Jun 28, 1996
Sold by
Williams James and Williams James L
Bought by
Williams James L and Williams Jane L
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Petrosyan Family Revocable Trust -- None Listed On Document
Vahe Arabian And Liza Arabian Trust -- None Listed On Document
Petrosyan Arman $710,000 Lawyers Title
Williams James L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Petrosyan Arman $495,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2017 03/30/17 Sold $710,000 +9.6% $440 / Sq Ft
03/13/2017 03/13/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $648,000 -- $402 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,132 $824,012 $638,320 $185,692
2024 $9,132 $807,855 $625,804 $182,051
2023 $9,035 $792,016 $613,534 $178,482
2022 $8,626 $776,487 $601,504 $174,983
2021 $8,593 $761,262 $589,710 $171,552
2019 $8,246 $738,684 $572,220 $166,464
2018 $8,129 $724,200 $561,000 $163,200
2016 $2,468 $214,454 $137,253 $77,201
2015 $2,420 $211,234 $135,192 $76,042
2014 $2,426 $207,097 $132,544 $74,553
Source: Public Records

Agents Affiliated with this Home

  • Dick Davis

    Seller's Agent in 2017

    Dick Davis

    Cornerstone Real Estate Serv.

    (626) 233-8377

    53 Total Sales

    Section Image
  • Levon Yengibaryan

    Buyer's Agent in 2017

    Levon Yengibaryan

    Coldwell Banker Hallmark

    (818) 415-0147

    1 in this area

    62 Total Sales

    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-317001841

Pasadena-Foothills Association of REALTORS®

APN: 5625-017-014

California Los Angeles County Burbank 91502 Rancho Adjacent

1011 S Bruce Ln, Burbank, CA

This home is located at 1011 S Bruce Ln, Burbank, CA 91502 since 01 March 2017 and is currently estimated at $1,135,675, approximately $704 per square foot. This property was built in 1944. 1011 S Bruce Ln is a home located in Los Angeles County with nearby schools including William McKinley Elementary School, Dolores Huerta Middle School, and John Burroughs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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