NOT LISTED FOR SALE

Estimated Value: $752,000 - $986,183

3 Beds
1 Bath
1,412 Sq Ft
$631/Sq Ft Est. Value

Last Sold February 10, 2022

Last sale price $711,800 $504 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,487/month

15 Days on Market

Highlights

  • Detached Guest House
  • Laundry Room
  • Wall Furnace
  • Two Homes on a Lot
  • Level Lot
  • 1-Story Property

About This Home

As of February 2022

Have you really looked at the income on this one?? Take another peak...an amazing return on your investment!! Up front you have a real cutie in a 1 bed, 1 bath house with large driveway & front yard plus a spacious rear yard shared with a separate 2 bed, 2 bath house. Each offer seperate gas & electric meters. This is the opportunity you've been waiting for...an ideal locale to park your 1031 funds, live in one & lease the other or buy & retain the awesome tenants that currently reside. Best not to snooze on this superb opportunity in the heart of all...mere minutes to the NoHo arts district in one direction, all the studios Burbank has to offer in another, FWY close for a quick run to Hollywood or Downtown & you are directly across the street from the Chandler bike path. An absolute no brainer.....better hurry!!

Last Agent to Sell the Property

Marc Tahler

Rodeo Realty License #01077251 Listed on: 12/27/2021

Rodeo Realty

Co-Listed By

Ruth Biafora

Biafora Realty License #00965507

Last Buyer's Agent

J Jance

Keller Williams Larchmont License #01781335

Keller Williams Larchmont

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,107

Year Built

  • Built in 1939

Lot Details

  • 4,950 Sq Ft Lot
  • Level Lot
  • Property is zoned LAR1

Home Design

  • Cosmetic Repairs Needed
  • Composition Roof

Interior Spaces

  • 3 Bedrooms
  • 1,412 Sq Ft Home
  • 1-Story Property

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Driveway

Outdoor Features

  • Exterior Lighting

Additional Homes

  • Two Homes on a Lot
  • Detached Guest House

Utilities

  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 95
  • Tax Tract Number 9737
  • Assessor Parcel Number 2417011027

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,107

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 5.00
  • Price Per Unit: 375000
  • Property Attached: No
  • Zoning: LAR1
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 2417011027
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 504.11

Exterior Features

  • Other Structures: Guest House Detached, Two On A Lot
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 4950.00
  • Lot Size Acres: 0.1136

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 46800.00
  • Gross Multiplier: 14.93
  • Gross Scheduled Income: 46800.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 4950.0000 Square Feet
  • Net Operating Income: 35563.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number Wall A C: 1
  • Operating Expense: 11237.00
  • Rent Control: Yes
  • Total Expenses: 11237.00

Tax Info

  • New Taxes Expense: 8737.00
  • Tax Census Tract: 1253.10
  • Tax Lot: 95
  • Tax Tract Number: 9737

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2021
Sold by
Msk 2014 Trust
Bought by
Jance Jackeline
Current Estimated Value
$890,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2021
Sold by
Marion Stace
Bought by
Stace Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2015
Sold by
Kagan Michael S
Bought by
Kagan Michael S and Msk 2014 Trust

Purchase Details

Closed on
Nov 21, 2014
Sold by
Kagan Michael S
Bought by
Kagan Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2014
Sold by
Kagan Michael S
Bought by
Kagan Michael S

Purchase Details

Closed on
May 13, 2013
Sold by
Kagan Michael S
Bought by
Kagan Michael S and Kagan Karen

Purchase Details

Closed on
Jul 6, 2005
Sold by
Kagan Michael S
Bought by
Kagan Michael S

Purchase Details

Closed on
Aug 6, 2002
Sold by
Kagan Karen
Bought by
Kagan Michael S

Purchase Details

Closed on
Jun 3, 2002
Sold by
Bergmann Barbara
Bought by
Kagan Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,200
Interest Rate
7.98%

Purchase Details

Closed on
Jun 25, 2001
Sold by
Prentice Clinton G and Benefiel Debra Lynn
Bought by
Bergmann Barbara
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
Jance Jackeline $712,000 Clearmark Title
Stace Brian -- Clearmark Title
Kagan Michael S -- None Available
Kagan Michael S -- Wfg Title Company
Kagan Michael S -- None Available
Kagan Michael S -- Accommodation
Kagan Michael S -- --
Kagan Michael S -- Southland Title
Kagan Michael S $252,000 Southland Title
Bergmann Barbara -- Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jance Jackeline $325,000
Previous Owner Kagan Michael S $183,000
Previous Owner Kagan Michael S $215,000
Previous Owner Kagan Michael S $214,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2022 02/10/22 Sold $711,800 -5.1% $504 / Sq Ft
01/11/2022 01/11/22 Pending -- -- --
12/27/2021 12/27/21 For Sale $750,000 -- $531 / 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 $9,107 $755,578 $447,828 $307,750
2024 $9,107 $740,764 $439,048 $301,716
2023 $8,930 $726,240 $430,440 $295,800
2022 $4,859 $398,451 $255,995 $142,456
2021 $4,801 $390,639 $250,976 $139,663
2019 $4,659 $379,054 $243,533 $135,521
2018 $4,554 $371,622 $238,758 $132,864
2016 $4,353 $357,193 $229,488 $127,705
2015 $3,716 $303,669 $212,089 $91,580
2014 -- $297,722 $207,935 $89,787
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21269145

California Regional Multiple Listing Service (CRMLS)

APN: 2417-011-027