NOT LISTED FOR SALE

Estimated Value: $923,000 - $998,429

4 Beds
4 Baths
1,960 Sq Ft
$497/Sq Ft Est. Value

Last Sold October 06, 2017

Last sale price $660,000 $337 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,371/month

19 Days on Market

About This Home

As of October 2017

10827 Burin Ave is an unique four unit opportunity with 4 bungalow units on a lot. No common walls. Each unit is 1 bedroom and has their own garage space. The subject property is located less than 2 miles from the new Hollywood Park Project and conveniently located near major highways.

Last Agent to Sell the Property

Stephen Takahashi

Lyon Stahl Investment Real Estate, Inc. License #01944770 Listed on: 08/03/2017

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,281

Year Built

  • Built in 1946

Lot Details

  • 7,350 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • 1,960 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 287
  • Assessor Parcel Number 4037013012

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,307
  • New Taxes Expense $9,538
  • Operating Expense $17,261
  • Gross Income $37,200
  • Net Operating Income $18,079

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,281

Year Built

Built in 1946

Lot Details

0

Parking

4

Listing Details

  • CapRate: 5.89
  • Property Attached: No
  • Zoning: LCR3YY
  • Property Type: Residential Income
  • Parcel Number: 4037013012
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 336.73

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Other
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7350.00

Multi Family

  • Gross Income: 37200.00
  • Gross Multiplier: 11.25
  • Gross Operating Income: 35340.00
  • Gross Scheduled Income: 37200.00
  • Insurance Expense: 3307.00
  • Net Operating Income: 18079.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 17261.00
  • Operating Expense Percent: 46.00
  • Rent Control: No
  • Total Actual Rent: 3100.00
  • Total Expenses: 17261.00
  • Vacancy Allowance: 1860
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 9538.00
  • Tax Census Tract: 6017.00
  • Tax Lot: 33
  • Tax Tract Number: 287

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2024
Sold by
Rodriguez Cerda Juan C and Rodriguez Carlos Juan
Bought by
Rodriguez Matilde
Current Estimated Value
$973,607

Purchase Details

Listed on
Aug 3, 2017
Closed on
Aug 24, 2017
Sold by
Prieto Mario and Prieto Graciela
Bought by
Duran Miguel A and Duran Ellen G
Seller's Agent
Stephen Takahashi
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$675,000
Sold Price
$660,000
Premium/Discount to List
-$15,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.47%
Original Mortgage
$360,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2005
Sold by
Prieto Mario and Prieto Graciela
Bought by
Prieto Mario and Prieto Graciela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2003
Sold by
Gonzalez Jorge
Bought by
Prieto Mario and Prieto Graciela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000
Interest Rate
5.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 17, 2001
Sold by
Davis Peggy
Bought by
Gonzalez Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,678
Interest Rate
7.15%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 2001
Sold by
Gonzalez Jorge
Bought by
Davis Peggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,678
Interest Rate
7.15%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 3, 2000
Sold by
Dutra Richard T
Bought by
Gonzalez Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.27%
Mortgage Type
Seller Take Back
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
Rodriguez Matilde -- None Listed On Document
Duran Miguel A $660,000 Progressive Title Company
Prieto Mario -- Alliance Title Company
Prieto Mario $310,000 Stewart Title
Gonzalez Jorge -- --
Davis Peggy $215,000 Stewart Title Company
Gonzalez Jorge $160,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duran Miguel A $338,000
Previous Owner Duran Miguel A $360,000
Previous Owner Prieto Mario $270,112
Previous Owner Prieto Mario $280,000
Previous Owner Prieto Mario $31,000
Previous Owner Prieto Mario $248,000
Previous Owner Davis Peggy $211,678
Previous Owner Gonzalez Jorge $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2017 10/06/17 Sold $660,000 -2.2% $337 / Sq Ft
08/22/2017 08/22/17 Pending -- -- --
08/03/2017 08/03/17 For Sale $675,000 -- $344 / 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 $13,281 $750,962 $523,399 $227,563
2024 $13,281 $736,238 $513,137 $223,101
2023 $12,682 $721,803 $503,076 $218,727
2022 $12,510 $707,651 $493,212 $214,439
2021 $12,097 $693,777 $483,542 $210,235
2020 $11,719 $686,664 $478,584 $208,080
2019 $11,072 $673,200 $469,200 $204,000
2018 $10,795 $660,000 $460,000 $200,000
2016 $6,633 $372,315 $252,215 $120,100
2015 $6,472 $366,723 $248,427 $118,296
2014 $6,448 $359,540 $243,561 $115,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17179083

California Regional Multiple Listing Service (CRMLS)

APN: 4037-013-012