
Seller's Agent in 2023
Prudence Stein-Greene
Compass
(310) 592-3630
1 in this area
53 Total Sales
Estimated Value: $2,729,464 - $2,903,000
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
Compass License #01851054 Listed on: 07/21/2023
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 |
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Ayvazyan Grant | $2,040,000 | |
Previous Owner | Delvin Michael D | $20,000 |
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 |
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 |
Seller's Agent in 2023
Prudence Stein-Greene
Compass
(310) 592-3630
1 in this area
53 Total Sales
T
Buyer's Agent in 2023
Tyler Drinkwater
Revel Real Estate
(617) 818-0098
3 in this area
36 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR23115831
APN: 5608-027-022