NOT LISTED FOR SALE

Estimated Value: $1,411,000 - $2,125,000

5 Beds
4 Baths
2,466 Sq Ft
$756/Sq Ft Est. Value

Last Sold August 12, 2015

Last sale price $1,180,155 $479 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $10,980/month

15 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Tile Countertops
  • R. L. Stevenson Elementary School Rated A
  • Cooling System Mounted To A Wall/Window
  • Living Room

About This Home

As of August 2015

Extremely premium location for units right off the Riverside Dr. in the heart of Burbank's studio area and Toluca Lake. Large fourplex with 5th income from over sized storage area. Three nice and clean 1 bed, 1 bath units with hardwood floors. Large over sized owners unit in the rear with spacious living room, kitchen and fenced in patio. Three 1 car garages and a full size two car garage. One set of owner coin operated washer and dryer. Four gas and electric meters and a master water meter. All units are on a month to month agreements and there is not rent control in Burbank. Trust Sale by Successor Trustee, sold AS-IS.

Last Agent to Sell the Property

David Fogg

Keller Williams Realty World Media Center License #01149065 Listed on: 06/23/2015

Last Buyer's Agent

Lisa Platt

Coldwell Banker Realty License #01858142

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 6,606 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Block Wall Fence
  • Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 5 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • No Driveway
  • Assigned Parking

Home Design

  • Property Attached
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,466 Sq Ft Home
  • Living Room
  • Wood Flooring
  • Neighborhood Views
  • Tile Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 64
  • Tax Tract Number 9998
  • Assessor Parcel Number 2485007033

Community Details

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,800
  • Water Sewer Expense $900
  • New Taxes Expense $13,725
  • Gross Income $875
  • Net Operating Income $34,275

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Parking

5

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • View: Yes
  • Water Sewer Expenses: 900.00
  • Zoning: BUR4*
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 2485007033
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Tile Counters
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Levels: One
  • Price Per Square Foot: 478.57
  • Room Type: Living Room

Exterior Features

  • View: Neighborhood
  • Fencing: Block
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, No Driveway, Built-In Storage
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Common Area, Community, In Garage
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: 2-5 Units/Acre, Front Yard
  • Lot Size Sq Ft: 6606.00
  • Price Per Lot Square Foot: 178.65
  • Lot Size Acres: 0.1520

Multi Family

  • Gross Income: 875.00
  • Gross Scheduled Income: 51900.00
  • Insurance Expense: 1800.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6606.0000 Square Feet
  • Net Operating Income: 34275.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 17625.00
  • Other Income Description: Storage Room Rental
  • Rent Control: No

Tax Info

  • New Taxes Expense: 13725.00
  • Tax Lot: 64
  • Tax Tract Number: 9998

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2017
Sold by
Platt Daniel A
Bought by
Spyder Holdings Llc
Current Estimated Value
$1,865,143

Purchase Details

Closed on
Feb 28, 2015
Sold by
Wilkins Charles Randall
Bought by
Platt Daniel A and Platt Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2008
Sold by
Wilkins Thomas W
Bought by
Wilkins Thomas W and Thomas W Wilkins 2008 Trust

Purchase Details

Closed on
Aug 8, 2000
Sold by
Muir Pamela and Singh Vicki
Bought by
Wilkins Thomas W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Spyder Holdings Llc -- None Available
Platt Daniel A $1,180,500 Lawyers Title
Wilkins Thomas W -- None Available
Wilkins Thomas W $335,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Platt Daniel A $742,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2015 08/12/15 Sold $1,180,155 +7.5% $479 / Sq Ft
07/08/2015 07/08/15 Pending -- -- --
06/23/2015 06/23/15 For Sale $1,098,000 -- $445 / 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 $15,424 $1,397,465 $841,084 $556,381
2024 $15,424 $1,370,065 $824,593 $545,472
2023 $15,260 $1,343,202 $808,425 $534,777
2022 $14,570 $1,316,866 $792,574 $524,292
2021 $14,512 $1,291,046 $777,034 $514,012
2019 $13,925 $1,252,755 $753,988 $498,767
2018 $13,777 $1,228,192 $739,204 $488,988
2016 $13,074 $1,180,500 $710,500 $470,000
2015 $4,754 $420,004 $250,750 $169,254
2014 $4,765 $411,778 $245,839 $165,939
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB15136483

California Regional Multiple Listing Service (CRMLS)

APN: 2485-007-033