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

Sale Details

Date 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

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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

7,515 Sq Ft Lot

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,285,000
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 29, 2011
Closed on
Apr 4, 2012
Sold by
Bought by
Seller's Agent
Brett Howard
Howard Realty Group
List Price
$1,850,000
Sold Price
$1,650,000
Premium/Discount to List
-$200,000
-10.81%

Purchase Details

Closed on
Apr 7, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 9, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,250
Interest Rate
8.53%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Fidelity National Title
$1,650,000 Old Republic Title Company
$1,505,000 Equity Title
$715,000 Gateway Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,290,000
Closed $1,285,000
Previous Owner $900,000
Previous Owner $536,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $23,358 $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)
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