NOT LISTED FOR SALE
6 Beds
4 Baths
6,984 Sq Ft
7,515 Sq Ft Lot

Last Sold May 15, 2012

Last sale price $1,650,000 $236 Per Sq Ft

217 Days on Market

About This Home

As of May 2012

10 Units above Glenoaks 1 block from City of Burbank. Good location. 8 units are 1+1 and 2 units are 2+1. Additional income from laundry. Parking in front and rear of the building.

Last Agent to Sell the Property

Brett Howard

Howard Realty Group License #01120327 Listed on: 07/29/2011

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 7,515 Sq Ft Lot

Home Design

  • 6,984 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 12 Parking Spaces
  • Parking Available
  • Unassigned Parking

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 5424
  • Assessor Parcel Number 5621033008

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Building Details

  • 10 Leased Units
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • Electric Expense $7,800
  • Insurance Expense $5,500
  • New Taxes Expense $25,000
  • Gross Income $11,370
  • Net Operating Income $94,540

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Parcel Number: 5621033008
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 236.25

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 12.00

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 7515.00
  • Lot Size Acres: 0.1700

Multi Family

  • Electric Expense: 7800.00
  • Gross Income: 11370.00
  • Gross Scheduled Income: 136440.00
  • Insurance Expense: 5500.00
  • Lot Size Area: 7515.0000 Square Feet
  • Net Operating Income: 94540.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Units Leased: 10
  • Number Of Units Total: 10
  • Operating Expense: 41900.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 25000.00
  • Tax Lot: 16
  • Tax Tract Number: 5424
  • Tax Year: 2010
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2012 05/15/12 Sold $1,650,000 -10.8% $236 / Sq Ft
03/02/2012 03/02/12 Pending -- -- --
07/29/2011 07/29/11 For Sale $1,850,000 -- $265 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $23,157 $2,072,478 $772,467 $1,300,011
2024 $23,157 $2,031,842 $757,321 $1,274,521
2023 $22,643 $1,992,003 $742,472 $1,249,531
2022 $22,260 $1,952,945 $727,914 $1,225,031
2021 $21,864 $1,914,653 $713,642 $1,201,011
2019 $21,045 $1,860,866 $692,476 $1,168,390
2018 $20,700 $1,824,439 $678,899 $1,145,540
2016 $19,695 $1,750,713 $652,538 $1,098,175
2015 $19,301 $1,724,417 $642,737 $1,081,680
2014 $19,182 $1,690,639 $630,147 $1,060,492
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: B11098710

California Regional Multiple Listing Service (CRMLS)