NOT LISTED FOR SALE

Estimated Value: $2,038,262 - $2,570,000

3 Beds
3.5 Baths
2,850 Sq Ft
$812/Sq Ft Est. Value

Highlights

  • New Construction
  • Primary Bedroom Suite
  • Updated Kitchen
  • Joaquin Miller Elementary School Rated A-
  • City Lights View
  • Open Floorplan

About This Home

As of December 2021

The world is yours! You have arrived at the premier destination in Burbank. Sitting atop the Burbank foothills is a newly constructed custom two story 2,850 square feet, 3 bedroom and 3.5 bathroom estate. This is a rare front row location with views spanning from Universal City along the Hollywood Hills to Woodland Hills. Large Anderson windows throughout allow an abundance of natural light to brighten every corner of the interior, providing an open feel to the entire home and showcasing the city views! This home offers an open floor plan, great room with gas fireplace encased with a floor to ceiling marble wall, an open custom kitchen with beveled marble countertops, stylish designer cabinetry and Viking appliances. Gorgeous European White Oak hardwood wood flooring throughout the entire home adds a pristine touch of elegance to this well designed floor plan. The grand master suite features stunning city views with a balcony adjacent to the sitting area coupled with designed walk-in closet. The master bath provides a spa-like ambiance complete with an oversized shower, floating tub and dual vanities. Whether relaxing indoors or out, you will experience panoramic city views. Five flat screens allow you to enjoy your shows; tap into the surveillance/camera system; enjoy music via house speaker system; engage the house alarm system. The great room has sliding pocket doors that open up to a valley view and huge covered patio.

Last Agent to Rent the Property

John Gerro

JOHN M. GERRO License #00473175 Listed on: 09/01/2021

Last Renter's Agent

John Gerro

JOHN M. GERRO License #00473175 Listed on: 09/01/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.33 Acre Lot
  • Wrought Iron Fence

Parking

  • 2 Car Direct Access Garage
  • 6 Open Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Two Garage Doors
  • Up Slope from Street
  • Driveway Up Slope From Street

Property Views

  • City Lights
  • Canyon
  • Valley

Home Design

  • Entry on the 1st floor
  • Tile Roof
  • Copper Plumbing

Interior Spaces

  • 2,850 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • Wired For Sound
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Storage
  • Attic

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Oven
  • Self-Cleaning Oven
  • Built-In Range
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers and Cabinet Doors
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Fire Pit
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Burbank Elementary And Middle School
  • Burbank High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Gas Water Heater
  • Central Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $20,000
  • Rent includes gardener
  • 12-Month Minimum Lease Term
  • Available 9/1/21
  • Tax Lot B
  • Tax Tract Number 74451
  • Assessor Parcel Number 5618017049

Community Details

Overview

  • No Home Owners Association

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2021-09-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Pets: 500
  • Deposit Security: 20000
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Five flat screen tvs, Alarm system, Surveillance/camera system.
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Security System, Smoke Detector(s)
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 5618017049
  • Year Built: 2021
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 2850.00 Square Feet
  • Interior Amenities: Balcony, Copper Plumbing Full, High Ceilings, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Stone Counters, Storage, Vacuum Central, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 3.51
  • Room Type: All Bedrooms Up, Attic, Kitchen, Laundry, Living Room, Master Bathroom, Master Suite, Walk-In Closet
  • Bathroom Features: Shower, Double Sinks In Master Bath, Exhaust Fan(s), Linen Closet/Storage, Privacy Toilet Door, Remodeled, Separate Tub And Shower, Soaking Tub, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Pots & Pan Drawers, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Lighting
  • View: Canyon, City Lights, Valley
  • Fence: Yes
  • Fencing: Wrought Iron
  • Patio And Porch Features: Covered, Deck
  • Pool Private: No
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway Up Slope From Street, Garage, Garage - Two Door
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Freezer, Disposal, Gas Oven, Gas Range, Gas Water Heater, High Efficiency Water Heater, Ice Maker, Instant Hot Water, Microwave, Recirculated Exhaust Fan, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Water Heater Central, Water Line to Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking, Street Lights

Schools

  • Elementary School: Burbank
  • High School: Burbank
  • Middle Or Junior School: Burbank
  • Elementary School #2: BURBAN
  • High School2: BURBAN

Lot Info

  • Additional Parcels: No
  • Lot Features: Up Slope from Street
  • Lot Size Sq Ft: 14242.00
  • Lot Size Acres: 0.3270

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 14242.0000 Square Feet
  • Management Co: Gerro Properties, LLC
  • Management Co Phone: 8188400666
  • Number Of Units Total: 1
  • Rent Includes: Gardener

Tax Info

  • Tax Lot: B
  • Tax Tract Number: 74451

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2023
Sold by
George J Gerro Trust
Bought by
Gerro Revocable Family Trust and Gerro
Current Estimated Value
$2,314,566
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Gerro Revocable Family Trust -- Accommodation/Courtesy Recordi
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2021 12/28/21 Rented $10,000 +2.0% --
11/22/2021 11/22/21 Price Changed $9,800 -18.3% $3 / Sq Ft
09/21/2021 09/21/21 Price Changed $12,000 -7.7% $4 / Sq Ft
09/01/2021 09/01/21 For Rent $13,000 -- --
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 $16,100 $1,407,947 $772,364 $635,583
2024 $12,930 $1,165,327 $757,220 $408,107
2023 $14,703 $1,322,178 $819,573 $502,605
2022 $14,029 $1,296,253 $803,503 $492,750
2021 $6,372 $568,872 $387,008 $181,864
2020 $4,330 $383,040 $383,040 $0
2019 $4,157 $375,530 $375,530 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB21193749

California Regional Multiple Listing Service (CRMLS)

APN: 5618-017-049