NOT LISTED FOR SALE

1015 W Verdugo Ave Burbank, CA 91506

Rancho Adjacent Neighborhood

Estimated Value: $1,506,000 - $1,666,000

6 Beds
4 Baths
2,964 Sq Ft
$530/Sq Ft Est. Value

Last Sold March 20, 2024

Last sale price $1,483,000 $500 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,917/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Neighborhood Views
  • Laundry Room
  • Walt Disney Elementary School Rated A
  • Cooling System Mounted To A Wall/Window
  • 5-minute walk to George Izay Park

About This Home

As of March 2024

This very clean 4 unit building is located in a great Burbank location. It has (2) 2 Bed / 1 Bath units and (2) 1 Bed / 1 Bath units, 4 garages, and a laundry room (currently not being used). You can't go wrong with Burbank real estate!

Last Agent to Sell the Property

Bill Toth

First Class Real Estate Brokerage Phone: 818-434-2110 License #01023622 Listed on: 02/15/2024

Last Buyer's Agent

Bill Toth

First Class Real Estate Brokerage Phone: 818-434-2110 License #01023622 Listed on: 02/15/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,814

Year Built

  • Built in 1957

Lot Details

  • 6,789 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Traditional Architecture
  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,964 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Overhead Utilities
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer
  • Tax Lot 41
  • Tax Tract Number 3910
  • Assessor Parcel Number 2446029023

Community Details

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Gross Income $75,600

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,814

Year Built

Built in 1957

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Price Per Unit: 374750
  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: BUR3*
  • Architectural Style: Traditional
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 2446029023
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 500.34

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Utilities - Overhead
  • Lot Size Sq Ft: 6789.00
  • Lot Size Acres: 0.1559

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer

Multi Family

  • Gross Income: 75600.00
  • Gross Scheduled Income: 75600.00
  • Lot Size Area: 6789.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: Yes
  • Total Actual Rent: 6300.00

Tax Info

  • Tax Census Tract: 3108.00
  • Tax Lot: 41
  • Tax Tract Number: 3910

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Feb 23, 2024
Sold by
Giese Living Trust
Bought by
1015 W Verdugo Ave Llc
Seller's Agent
Bill Toth
First Class Real Estate
Buyer's Agent
Bill Toth
First Class Real Estate
List Price
$1,499,000
Sold Price
$1,483,000
Premium/Discount to List
-$16,000
-1.07%
Views
48
Current Estimated Value
$1,570,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,433
Avg. Annual Appreciation
2.13%
Source: Public Records

Range of Values:

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Average Value
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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
1015 W Verdugo Ave Llc $1,483,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bickley James Braxton $215,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2024 03/20/24 Sold $1,483,000 -1.1% $500 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $1,499,000 -- $506 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,814 $1,512,660 $1,004,700 $507,960
2024 $3,814 $313,455 $93,585 $219,870
2023 $3,776 $307,309 $91,750 $215,559
2022 $3,614 $301,284 $89,951 $211,333
2021 $3,582 $295,378 $88,188 $207,190
2019 $3,445 $286,619 $85,573 $201,046
2018 $3,288 $281,000 $83,896 $197,104
2016 $3,093 $270,090 $80,639 $189,451
2015 $3,032 $266,034 $79,428 $186,606
2014 $3,049 $260,824 $77,873 $182,951
Source: Public Records

Agents Affiliated with this Home

  • Bill Toth

    Seller's Agent in 2024

    Bill Toth

    First Class Real Estate

    (818) 434-2110

    9 in this area

    64 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24032010

California Regional Multiple Listing Service (CRMLS)

APN: 2446-029-023

California Los Angeles County Burbank 91506 Rancho Adjacent

1015 W Verdugo Ave, Burbank, CA

This home is located at 1015 W Verdugo Ave, Burbank, CA 91506 since 15 February 2024 and is currently estimated at $1,570,433, approximately $529 per square foot. This property was built in 1957. 1015 W Verdugo Ave is a home located in Los Angeles County with nearby schools including Walt Disney 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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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. Properties may or may not be listed by the office/agent presenting the information

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