NOT LISTED FOR SALE

Estimated Value: $2,729,464 - $2,903,000

6 Beds
5 Baths
3,878 Sq Ft
$733/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $2,550,000 $658 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $17,420/month

94 Days on Market

Highlights

  • Attached Guest House
  • Primary Bedroom Suite
  • Mountain View
  • Joaquin Miller Elementary School Rated A-
  • 3.87 Acre Lot
  • Traditional Architecture

About This Home

As of December 2023

There is a once in a lifetime opportunity to purchase a large estate property and home, nestled at the base of the Verdugo foothills in the city of Burbank. This same opportunity presented itself to the existing owner’s family nearly 100 years ago, and produced a unique history and legacy of that family which has spanned six generations. Now, they have decided to “pass the torch” and offer the same, rarefied opportunity for a new owner to create their own history and legacy.

Welcome to 1130 E. Verdugo Avenue, a large, private, exclusive hillside property and stately home located north of Sunset Canyon Drive. Privacy is guaranteed by its location at the very end of a wide Verdugo street, in a distinguished neighborhood. Against a backdrop of a tall tree-lined hillside, the fenced property is spacious and peaceful with flat, tiered grounds and a rolling landscaped terrain. Exclusivity is evident in the large expanses of both house and property.

This three-story home includes both the 1st and 2nd floors at the home grade level, and a semi-subterranean basement at the lower level. An unfinished basement level provides plenty of opportunity for expansion. The total square footage of the house is slightly below 6000 square feet.

Development opportunities for the property and home include: a circular driveway; an appurtenant garage/ADU or pool house; an elevated, eye-level infinity pool with cascading water overlooking the expansive estate grounds; a second private driveway for an attached basement level ADU apartment or full size business/home office with additional parking and storage; a grand family room with tall windows and city views; and for the enterprising and innovative, a three parcel hillside subdivision (see the civil engineering study to develop the three parcel subdivision.)

Last Agent to Sell the Property

Prudence Stein-Greene

Compass License #01851054 Listed on: 07/21/2023

Compass

Last Buyer's Agent

Tyler Drinkwater

Revel Real Estate License #02112336

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,630

Year Built

  • Built in 1967

Lot Details

  • 3.87 Acre Lot
  • Landscaped
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Property is zoned BUR1*

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Property Views

  • Mountain
  • Hills

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 3,878 Sq Ft Home
  • 3-Story Property
  • Sliding Doors
  • Entryway
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Wood Flooring
  • Laundry Room
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Formica Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Bathroom on Main Level
  • 5 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Separate Outdoor Workshop
  • Shed

Utilities

  • Central Heating
  • Natural Gas Connected

Additional Features

  • Attached Guest House
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 40026
  • Assessor Parcel Number 5608027022
  • $638 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,630

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: BUR1*
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5608027022
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3878.00 Square Feet
  • Interior Amenities: Balcony, Formica Counters, Unfurnished
  • Stories: 3
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 6
  • Door Features: Sliding Doors
  • Eating Area: Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 657.56
  • Room Type: Basement, Den, Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Suite
  • Bathroom Features: Shower In Tub, Double Sinks In Primary Bath, Main Floor Full Bath
  • Room Kitchen Features: Kitchen Island
  • Basement: Unfinished

Exterior Features

  • Foundation: Raised
  • Other Structures: Guest House Attached, Shed(s), Workshop
  • View: Hills, Mountain(s)
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

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

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Suburban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Lot Over 40000 Sqft, Yard
  • Lot Size Sq Ft: 168774.00
  • Lot Size Acres: 3.8745

Multi Family

  • Lease Considered: No
  • Lot Size Area: 168774.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 3101.00
  • Tax Lot: 7
  • Tax Tract Number: 40026
  • TaxOtherAnnualAssessmentAmount: 638.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Nov 9, 2023
Sold by
Roberta Lois Wineland Trust and Richard D Wineland Living Trust
Bought by
Ayvazyan Grant and Ayvazyan Jaclyn
Seller's Agent
Prudence Stein-Greene
Compass
Buyer's Agent
Tyler Drinkwater
Revel Real Estate
List Price
$3,200,000
Sold Price
$2,550,000
Premium/Discount to List
-$650,000
-20.31%
Views
143
Current Estimated Value
$2,844,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,116
Avg. Annual Appreciation
6.11%
Original Mortgage
$2,040,000
Outstanding Balance
$2,006,146
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$837,970

Purchase Details

Closed on
Nov 5, 2009
Sold by
Wineland Richard D
Bought by
Wineland Richard D and Richard D Wineland Living Trus

Purchase Details

Closed on
Mar 31, 2008
Sold by
Wineland Roberta L
Bought by
The Roberta Lois Wineland Trust

Purchase Details

Closed on
Mar 5, 1998
Sold by
Wineland Roberta
Bought by
Delvin Michael D and Delvin Karen Hoefel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7.11%
Mortgage Type
Seller Take Back
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
Ayvazyan Grant $2,550,000 Ticor Title
Wineland Richard D -- None Available
The Roberta Lois Wineland Trust -- None Available
The Carolyn Jane Wineland Trust -- None Available
Delvin Michael D $30,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayvazyan Grant $2,040,000
Previous Owner Delvin Michael D $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Sold $2,550,000 -7.3% $658 / Sq Ft
10/24/2023 10/24/23 Pending -- -- --
10/20/2023 10/20/23 Price Changed $2,750,000 -5.0% $709 / Sq Ft
08/29/2023 08/29/23 Price Changed $2,895,000 -9.5% $747 / Sq Ft
08/03/2023 08/03/23 For Sale $3,200,000 +25.5% $825 / Sq Ft
07/21/2023 07/21/23 Off Market $2,550,000 -- --
07/21/2023 07/21/23 For Sale $3,200,000 -- $825 / 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 $28,630 $2,601,000 $1,951,260 $649,740
2024 $28,630 $2,550,000 $1,913,000 $637,000
2023 $8,360 $697,010 $379,668 $317,342
2022 $8,002 $683,344 $372,224 $311,120
2021 $7,953 $669,946 $364,926 $305,020
2020 $7,869 $663,078 $361,185 $301,893
2019 $7,647 $650,077 $354,103 $295,974
2018 $2,700 $206,717 $28,754 $177,963
2016 $2,532 $198,692 $27,639 $171,053
2015 $2,411 $195,708 $27,224 $168,484
2014 $2,462 $191,875 $26,691 $165,184
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23115831

California Regional Multiple Listing Service (CRMLS)

APN: 5608-027-022