NOT LISTED FOR SALE

Estimated Value: $1,994,469

2 Beds
1 Bath
720 Sq Ft
$2,770/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $1,500,000 $2,083 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $12,247/month

Highlights

  • Traditional Architecture
  • 2 Car Attached Garage
  • Laundry Room
  • No HOA
  • Views
  • Central Heating and Cooling System

About This Home

As of October 2020

10701 Burbank Boulevard offers a unique opportunity for developers or investors to acquire a highly visible, well-located parcel in booming North Hollywood. Currently improved with around 2,737 SF of buildings including a store and a residential house in the back of two bedroom and one bathroom. This property offers a variety of potential uses.
Savvy multifamily developers could also consider the possibility of constructing a 12-unit building on this corner lot. (Buyers to confirm with city.) The 5,898 SF lot with C2/R4 zoning is located in the midst of all that NoHo has to offer. This property can also be considered in Tier 1 (TOC) in which number of units can be increased significantly, or a possibility of a mixed use project. Buyers are responsible for confirming with the city all permitted uses, code requirements and limitations. Likewise, retail owner-users or investors should consider continued use as a highly-visible storefront on one of North Hollywood’s busy surface streets. The property can be delivered vacant. Buyers are responsible for confirming all permitted code, use and development potential with the city of Los Angeles.

Last Agent to Sell the Property

Ali Eghbal Ketabchi

Equity Union License #01882586 Listed on: 04/02/2019

Equity Union

Last Buyer's Agent

Outside Agent

Outside Office License #0

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,451

Year Built

  • Built in 1951

Lot Details

  • 5,897 Sq Ft Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Front Yard Sprinklers

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Traditional Architecture
  • Fire Rated Drywall
  • Shingle Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Fire and Smoke Detector
  • Gas Range
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Bathroom

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 35
  • Tax Tract Number 10210
  • Assessor Parcel Number 2415019021

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,451

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Smoke Detector(s)
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2415019021
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 720.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full And Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2083.33
  • Room Type: All Bedrooms Down

Exterior Features

  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Concrete, Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Electric: 220 Volts
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers In Front
  • Lot Size Sq Ft: 5897.00
  • Lot Size Acres: 0.1354

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5897.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 35
  • Tax Tract Number: 10210

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2019
Closed on
Oct 1, 2020
Sold by
Daha Mohsen and Daha Mahasti Abdoh
Bought by
Bb Partiners Llc
Seller's Agent
Ali Eghbal Ketabchi
Equity Union
Buyer's Agent
Outside Agent
Outside Office
List Price
$1,500,000
Sold Price
$1,500,000
Current Estimated Value
$1,994,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$494,469
Avg. Annual Appreciation
6.02%
Original Mortgage
$1,000,000
Outstanding Balance
$889,858
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$1,110,389

Purchase Details

Closed on
Feb 21, 2011
Sold by
Daha Mohsen and Daha Mahasti Abdoh
Bought by
Daha Mohsen and Daha Mahasti Abdoh

Purchase Details

Closed on
Jan 4, 2007
Sold by
Manios Steven E and Manios Linda E
Bought by
Daha Mohsen and Daha Mahasti Abdoh
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
Bb Partiners Llc $1,500,000 Lawyers Title
Daha Mohsen -- None Available
Daha Mohsen -- None Available
Daha Mohsen $600,000 First American Fatcola
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bb Partiners Llc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $1,500,000 0.0% $2,083 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $1,500,000 -- $2,083 / 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 $19,451 $1,623,648 $1,082,432 $541,216
2024 $19,451 $1,591,812 $1,061,208 $530,604
2023 $19,072 $1,560,600 $1,040,400 $520,200
2022 $18,231 $1,530,000 $1,020,000 $510,000
2021 $18,058 $1,500,000 $1,000,000 $500,000
2020 $9,247 $735,032 $477,772 $257,260
2019 $8,888 $720,620 $468,404 $252,216
2018 $8,744 $706,491 $459,220 $247,271
2016 $8,343 $679,059 $441,389 $237,670
2015 $8,222 $668,859 $434,759 $234,100
2014 $8,252 $655,758 $426,243 $229,515
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19073850

California Regional Multiple Listing Service (CRMLS)

APN: 2415-019-021