NOT LISTED FOR SALE

124 N Beachwood Dr Burbank, CA 91506

Chandler Park Neighborhood

Estimated Value: $1,368,000 - $1,846,000

4 Beds
3 Baths
2,060 Sq Ft
$749/Sq Ft Est. Value

Last Sold December 05, 2014

Last sale price $747,000 $363 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $9,042/month

20 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Walt Disney Elementary School Rated A
  • Laundry Room

About This Home

As of December 2014

THIS TRIPLEX IS IN A DESIRABLE AND EASILY RENTABLE AREA. LONG TIME TENANTS PAY BELOW MARKET VALUE. NEEDS UPDATING AND TLC.
PROPERTY SOLD IN "AS IS" CONDITION

BUYER TO COOPERATE IN A 1031 TAX EXCHANGE. R.E. AGENT RELATED TO SELLER.

THIS IS A TRUST SALE NO COURT CONFIRMATION

Last Agent to Sell the Property

Margie Vierra

Dilbeck Real Estate License #00857245 Listed on: 09/26/2014

Dilbeck Real Estate

Last Buyer's Agent

Mario Iacobellis

Twin Realty License #00353800

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,003

Year Built

  • Built in 1950

Lot Details

  • 6,772 Sq Ft Lot
  • No Common Walls
  • Fence is in average condition
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • Fixer Upper

Interior Spaces

  • 2,060 Sq Ft Home
  • Wood Flooring
  • Gas Cooktop
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 3108
  • Assessor Parcel Number 2446022007

Community Details

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Water Sewer Expense $1,200
  • New Taxes Expense $93,750
  • Gross Income $2,450
  • Net Operating Income $28,200

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,003

Year Built

Built in 1950

Lot Details

0

Parking

3

Listing Details

  • CapRate: 3.00
  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 2446022007
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Price Per Square Foot: 362.62

Exterior Features

  • Fencing: Average Condition
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Floor Furnace
  • Laundry Features: Common Area
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6772.00
  • Lot Size Acres: 0.1550

Multi Family

  • Gross Income: 2450.00
  • Gross Scheduled Income: 29400.00
  • Insurance Expense: 600.00
  • Lot Size Area: 6772.0000 Square Feet
  • Net Operating Income: 28200.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 1200.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 93750.00
  • Tax Lot: 7
  • Tax Tract Number: 3108
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2023
Sold by
Papanikolaou John and Papanikolaou Michelle Lee
Bought by
Beachwood Bungalows Llc
Current Estimated Value
$1,568,175

Purchase Details

Closed on
Jul 13, 2014
Sold by
Webb Maureen J
Bought by
Papanikolaou John and Sanchez Michelle Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,250
Interest Rate
3.89%
Mortgage Type
New Conventional
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
Beachwood Bungalows Llc -- None Listed On Document
Papanikolaou John $747,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Papanikolaou John $555,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2014 12/05/14 Sold $747,000 -0.4% $363 / Sq Ft
10/16/2014 10/16/14 Pending -- -- --
09/26/2014 09/26/14 For Sale $750,000 -- $364 / 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 $10,003 $897,772 $537,221 $360,551
2024 $10,003 $880,170 $526,688 $353,482
2023 $9,898 $862,912 $516,361 $346,551
2022 $9,453 $845,993 $506,237 $339,756
2021 $9,413 $829,406 $496,311 $333,095
2019 $9,035 $804,807 $481,591 $323,216
2018 $8,893 $789,028 $472,149 $316,879
2016 $8,443 $758,391 $453,816 $304,575
2015 $8,273 $747,000 $447,000 $300,000
2014 $1,022 $74,950 $32,371 $42,579
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Margie Vierra

    Dilbeck Real Estate

    Section Image

  • M

    Buyer's Agent in 2014

    Mario Iacobellis

    Twin Realty

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB14207690

California Regional Multiple Listing Service (CRMLS)

APN: 2446-022-007

California Los Angeles County Burbank 91506 Chandler Park

124 N Beachwood Dr, Burbank, CA

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