Cyndi Lesinski
Real Broker
(747) 322-4375
115 Total Sales
2 in Sherman Oaks
$1.3M - $2.8M Price Range
13022 Burbank Blvd Sherman Oaks, CA 91401
Sherman Oaks AreaEstimated Value: $1,188,867
10
Beds
8
Baths
5,504
Sq Ft
$216/Sq Ft
Est. Value
Highlights
- 0.35 Acre Lot
- Traditional Architecture
- No HOA
- Ulysses S. Grant Senior High School Rated A-
- Wood Flooring
- Neighborhood Views
About This Home
As of September 2023First time on the market in 50 years! Attention Investors, Builders, & Developers!!! Welcome to this incredible property located in the heart of Sherman Oaks CA. Nestled on a huge 15,066 sq.ft lot, this rare 8-unit property (two side by side 4-plexes/ 2 parcels), this rare beauty is truly an investors dream come true. Featuring (2) 2 bedroom 1 bathroom units, and (6) 1 bedroom 1 bathroom units, each individually metered for gas/electric, private kitchen & laundry for each unit, and 8 covered parking spaces with a long shared private driveway. Located directly across the street from LA Valley College, this perfectly situated property is only minutes away from local restaurants, shopping, parks, schools, and 101 / 170 Freeway access. With incredible potential, this magnificent investment opportunity is waiting for you!
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1954
Lot Details
- 15,066 Sq Ft Lot
- Two or More Common Walls
- Block Wall Fence
- Rectangular Lot
- Corners Of The Lot Have Been Marked
- Density is up to 1 Unit/Acre
- Value in Land
Home Design
- Traditional Architecture
- Quadruplex
- Entry on the 1st floor
- Cosmetic Repairs Needed
- Major Repairs Completed
- Fixer Upper
- Raised Foundation
- Shingle Roof
Interior Spaces
- 5,504 Sq Ft Home
- 1-Story Property
- Wood Frame Window
- Neighborhood Views
- Laundry in unit
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 10 Bedrooms
- 8 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 8 Car Garage
- 8 Carport Spaces
- Parking Storage or Cabinetry
- Parking Available
- Side by Side Parking
- Parking Lot
- Assigned Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
- Sewer Paid
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 42
- Tax Tract Number 1336
- Assessor Parcel Number 2345006007
- $520 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 8 Units
- Maintained Community
Amenities
- Laundry Facilities
Building Details
- 7 Leased Units
- Rent Control
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $3,000
- Trash Expense $1,200
- Water Sewer Expense $5,000
- Operating Expense $9,200
- Net Operating Income $109,556
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
Listed on
Jul 16, 2023
Closed on
Sep 26, 2023
Sold by
Abend Nell H
Bought by
Seller's Agent
Casey Gordon
Rodeo Realty
Buyer's Agent
Casey Gordon
Rodeo Realty
List Price
$2,995,000
Sold Price
$2,126,000
Premium/Discount to List
-$869,000
-29.02%
Views
33
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$937,133
Avg. Annual Appreciation
-17.83%
Original Mortgage
$797,250
Interest Rate
7.09%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 16, 2023
Closed on
Aug 22, 2023
Sold by
Kuusisto Family Trust
Bought by
Abend Nachman
Seller's Agent
Casey Gordon
Rodeo Realty
Buyer's Agent
Casey Gordon
Rodeo Realty
List Price
$2,995,000
Sold Price
$2,126,000
Premium/Discount to List
-$869,000
-29.02%
Views
33
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$797,250
Interest Rate
7.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 22, 2000
Sold by
Kuusisto James
Bought by
Kuusisto James R and Kuusisto Helen F
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Sherman Oaks, CA
-
Cyndi Lesinski
-
Jorge Deleon
Jorge Deleon
eXp Realty of California Inc.
(805) 973-9591
25 Total Sales
1 in Sherman Oaks
$10,600,000 Price
-
John Michael Iglar
John Michael Iglar
Douglas Elliman
(424) 321-8709
28 Total Sales
2 in Sherman Oaks
$1.5M - $3M Price Range
-
Artur Israyelyan
Artur Israyelyan
Beverly & Company Luxury Properties
(747) 236-6909
17 Total Sales
1 in Sherman Oaks
$685,000 Price
-
Lorraine Cruz
Lorraine Cruz
Compass
(661) 475-6740
49 Total Sales
1 in Sherman Oaks
$1,736,000 Price
-
Amin Mehrabi
Amin Mehrabi
Responds QuicklyPinnacle Estate Properties
(323) 689-5212
38 Total Sales
3 in Sherman Oaks
$760K - $850K Price Range
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 |
|---|---|---|---|
| -- | Progressive Title Company | ||
| Abend Nachman | $1,063,000 | Progressive Title Company | |
| Kuusisto James R | -- | -- |
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 | $797,250 | ||
| Closed | Abend Nachman | $797,250 |
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 |
|---|---|---|---|---|
| 09/29/2023 09/29/23 | Sold | $2,126,000 | -29.0% | $386 / Sq Ft |
| 07/16/2023 07/16/23 | For Sale | $2,995,000 | -- | $544 / 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 |
|---|---|---|---|---|
| 2026 | $13,426 | $1,105,945 | $832,320 | $273,625 |
| 2025 | $13,426 | $1,084,260 | $816,000 | $268,260 |
| 2024 | $13,280 | $1,063,000 | $800,000 | $263,000 |
| 2023 | $1,657 | $94,203 | $47,576 | $46,627 |
| 2022 | $1,597 | $92,357 | $46,644 | $45,713 |
| 2021 | $1,564 | $90,547 | $45,730 | $44,817 |
| 2019 | $1,527 | $87,864 | $44,375 | $43,489 |
| 2018 | $1,379 | $86,142 | $43,505 | $42,637 |
| 2016 | $1,290 | $82,798 | $41,816 | $40,982 |
| 2015 | $1,276 | $81,555 | $41,188 | $40,367 |
| 2014 | $1,309 | $79,959 | $40,382 | $39,577 |
Source: Public Records
Agents Affiliated with this Home
-
Casey Gordon
Seller's Agent in 2023
Casey Gordon
Rodeo Realty
(805) 750-9804
109 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR23128023
APN: 2345-006-007
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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