$685,000
SOLD OCT 19, 2022

14242 Burbank Blvd Unit 304 Sherman Oaks, CA 91401

2 Beds
2 Baths
1,312 Sq Ft
$485/mo HOA Fee

Recently Sold

$522 Per Sq Ft

2% Below List Price

16 Days on Market

Highlights

  • Fitness Center
  • Unit is on the top floor
  • Primary Bedroom Suite
  • Chandler Elementary Rated A-
  • Penthouse
  • Automatic Gate

About This Home

As of October 2022

Stunning newer construction Penthouse top floor unit with views, high ceilings, abundance of light, open floor plan and best location in the building facing tree tops and mountains. The beautifully designed kitchen features breakfast bar, granite countertops, rich dark wood cabinets, and newer stainless steel appliances. Adjacent to the kitchen is a dining room and a spacious living room with a balcony and views. On one end of the unit, large master suite with views, walk -in closet, closet with mirrored sliders, linen closet and elegant large en-suite bathroom with dual vanity and large soaking tub. On the other end of the unit, second bedroom with views and an adjacent 2nd bathroom. Other notable features include in unit washer & dryer, LED lighting and custom solar shades. Building has a large game/rec room, fitness room, gated entry, lobby area, lush courtyard with fountain and a communal rooftop patio for sunbathing with 360 degree views. Welcome home!

Last Agent to Sell the Property

Greg Pogosyan

Beverly and Company, Inc. License #01917326 Listed on: 08/25/2022

Beverly and Company, Inc.

Last Buyer's Agent

Sangkyu Lee

New Star Realty & Investment License #01356123

New Star Realty & Investment

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,559

Year Built

  • Built in 2007

HOA Fees

  • $485 Monthly HOA Fees

Property Views

  • Trees
  • Mountain

Home Design

  • Penthouse
  • Contemporary Architecture

Interior Spaces

  • 1,312 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Double Pane Windows
  • Living Room
  • Dining Room

Kitchen

  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • 2 Covered Spaces
  • Automatic Gate
  • Assigned Parking

Additional Features

  • Living Room Balcony
  • Gated Home
  • Unit is on the top floor
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2245-023-072

Community Details

Overview

  • Association fees include trash, water and sewer paid, water, sewer, maintenance paid, earthquake insurance, building and grounds
  • 26 Units
  • 14242 Burbank Ventures Llc Association

Amenities

  • Clubhouse

Recreation

  • Fitness Center

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,559

Year Built

Built in 2007

Lot Details

0

HOA Fees

$485 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Top Level
  • Street Number Display: Yes
  • Complex Name: 14242 Burbank Ventures LLC
  • Entry Floor: 26
  • Entry Location: Penthouse
  • Living Area: 1312
  • Lot Acreage: 0.4642
  • Planned Urban Dev: 0
  • Probate: No
  • Unit Floor In Building: 26
  • Year Built: 2007
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Laminate, Tile
  • Appliances: Free Standing Gas, Microwave
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom, Master Suite, Master Retreat, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Granite Counters
  • Laundry: In Unit, Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Elevator, Microwave, Garbage Disposal, Dryer, Washer
  • Price Per S Q F T: 532.77
  • Windows: Double Pane Windows

Exterior Features

  • Balcony: Yes
  • Other Features: Balcony
  • Patio: Living Room Balcony
  • Pool: No
  • Spa Yn: No
  • View: Tree Top, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Gated
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Automatic Gate, Gated, Smoke Detector

Association/Amenities

  • Amenities: Clubhouse, Exercise Room
  • Pet Rules: Call, Pets Permitted, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Water and Sewer Paid, Water, Sewer, Maintenance Paid, Earthquake Insurance, Building and Grounds
  • HOA Fees: 485.00
  • Management Company: 14242 Burbank Ventures LLC
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 2245-023-072
  • Lot Size Area: 20219

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Oct 6, 2022
Sold by
Pogosyan Liana
Bought by
Chang Insoon
Seller's Agent
Greg Pogosyan
Beverly and Company, Inc.
Buyer's Agent
Sangkyu Lee
New Star Realty & Investment
List Price
$699,000
Sold Price
$685,000
Premium/Discount to List
-$14,000
-2%
Views
78
Current Estimated Value
$699,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,535
Avg. Annual Appreciation
0.73%
Original Mortgage
$616,500
Outstanding Balance
$605,105
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$94,430

Purchase Details

Listed on
Aug 25, 2022
Closed on
Sep 12, 2022
Sold by
Lee Chaehwan
Bought by
Chang Insoon
Seller's Agent
Greg Pogosyan
Beverly and Company, Inc.
Buyer's Agent
Sangkyu Lee
New Star Realty & Investment
List Price
$699,000
Sold Price
$685,000
Premium/Discount to List
-$14,000
-2%
Views
78

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,500
Outstanding Balance
$605,105
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$94,430

Purchase Details

Closed on
Nov 1, 2016
Sold by
Pogosyan Liana
Bought by
Pogosyan Liana and Jitechian David

Purchase Details

Listed on
Apr 7, 2016
Closed on
Apr 7, 2016
Sold by
Strickland Christopher G
Bought by
Pogosyan Liana
Seller's Agent
Raisa Ress
No Firm Affiliation
List Price
$450,000
Sold Price
$469,000
Premium/Discount to List
$19,000
4.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%
Original Mortgage
$375,200
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 29, 2012
Closed on
Feb 2, 2012
Sold by
Hart Steven E and Schwartz Kathryn Hart
Bought by
Strickland Christopher G
Seller's Agent
Andrew Tyzbir
Pinnacle Estate Properties, Inc.
Buyer's Agent
Jennifer Asad
Sold Price
$372,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Original Mortgage
$262,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2009
Sold by
Hart Gail Land
Bought by
Hart Steven E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,510
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2009
Sold by
14242 Burbank Ventures Llc
Bought by
Hart Steven E and Hart Kathryn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,510
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $685,000 Fidelity National Title
Deed -- Fidelity National Title
Interfamily Deed Transfer -- None Available
Grant Deed $469,000 Equity Title Los Angeles
Grant Deed $372,000 Fidelity National Title
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- Stewart Title Of California
Grant Deed $404,000 Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $616,500 New Conventional
Previous Owner $375,200 New Conventional
Previous Owner $262,000 New Conventional
Previous Owner $363,510 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2022 10/19/22 Sold $685,000 -2.0% $522 / Sq Ft
09/10/2022 09/10/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $699,000 +49.0% $533 / Sq Ft
05/12/2016 05/12/16 Sold $469,000 +4.2% $357 / Sq Ft
04/12/2016 04/12/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $450,000 +21.0% $343 / Sq Ft
03/01/2012 03/01/12 Sold $372,000 -- $284 / Sq Ft
01/29/2012 01/29/12 Pending -- -- --
Source: The MLS

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 $8,559 $712,673 $447,788 $264,885
2024 $8,559 $698,700 $439,008 $259,692
2023 $8,391 $685,000 $430,400 $254,600
2022 $6,265 $523,174 $314,016 $209,158
2021 $6,185 $512,916 $307,859 $205,057
2019 $5,998 $497,705 $298,729 $198,976
2018 $5,976 $487,947 $292,872 $195,075
2016 $4,737 $394,704 $217,512 $177,192
2015 $4,666 $388,776 $214,245 $174,531
2014 $4,684 $381,162 $210,049 $171,113
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-193333

The MLS

APN: 2245-023-072