NOT LISTED FOR SALE

Estimated Value: $965,000 - $1,541,000

4 Beds
3 Baths
1,650 Sq Ft
$788/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $1,285,000 $779 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $8,300/month

13 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Foothills
  • Thomas Jefferson Elementary School Rated A
  • Zoned Heating and Cooling
  • Walk-in Shower

About This Home

As of January 2023

3 LEGALLY permitted units! with certificates of occupancy from the city. All with separate meters. 1433 Broadway main house, 1435 Broadway guest house ADU, and 1433 Broadway unit #101 JR. ADU studio. Owner recently spent over $350k+ building it out. and divided the lot for each to have their own entryway and back yard. Location, Location, Location! Do not miss this rare opportunity to own a Burbank Investment move in ready in a prime Burbank location. Set in the highly desirable Burbank school district in close proximity to local freeways and all the movie studios, this fully renovated Burbank home consists of a main house featuring 2 bedrooms, 2 bathrooms that is fully remodeled. PLUS, a new already built for you an attached Jr. ADU studio with its own side entry with its own kitchen and bathroom. PLUS a new DETACHED already built for you Senior ADU, featuring a 1 bedroom, 1 bathroom, kitchen and living room with a slider to its own back yard. ALL brand new electrical, plumbing, roofing, AC, Tankless water heater. The full remodel included copper plumbing, new electric panel, re-wiring throughout, new sewer lines under the home, newer Central A/C and heating, New ac for additional units, new insulation, New insulated doors and low energy efficient double pane windows and new roof. Each of these units have their own entry way and yard for added value and privacy with brand new vinyl fencing separating the lot. All with permits and done to the highest quality. The opportunities are endless! The main house has a huge front yard, a front porch Entering the home you immediately notice the open flow from the living room, which is appointed by updated flooring, fresh paint, LED lights and an open concept gourmet kitchen. The back yard has new pavers, and open canvas to make your own. A long driveway for parking and plenty of street parking. Don’t miss this once in a lifetime opportunity in the amazing city of Burbank.
This fantastic home is located within walking distance to McCambridge Park and only a few minutes drive to the Empire Center and downtown Burbank. Approx. Main house 2+2 900 sq ft, Jr. ADU 212 1+1 sq ft, Sr ADU 1+1 374 sq ft

Last Agent to Sell the Property

Mohamed Hassan

NextHome Milestone License #01791947 Listed on: 01/04/2023

NextHome Milestone

Last Buyer's Agent

Elen Hakobyan

Coldwell Banker Hallmark License #02162612

Coldwell Banker Hallmark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,623

Year Built

  • Built in 1943

Lot Details

  • 5,732 Sq Ft Lot
  • Vinyl Fence
  • Stucco Fence
  • New Fence
  • Back Yard
  • Property is zoned BUR1YY

Home Design

  • Shingle Roof

Interior Spaces

  • 1,650 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Kitchen

  • Gas Oven
  • Gas and Electric Range

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Legal Lot and Block 7 / 5
  • Tax Tract Number 9122
  • Assessor Parcel Number 2460013004
  • $223 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,623

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Structure Type: House
  • Property Attached: No
  • View: No
  • Zoning: BUR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2460013004
  • Year Built: 1943
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1650.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 778.79
  • Room Type: All Bedrooms Down
  • Bathroom Features: Shower

Exterior Features

  • Fence: Yes
  • Fencing: New Condition, Stucco Wall, Vinyl
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas & Electric Range, Gas Oven
  • Heating Type: Natural Gas
  • Laundry Features: Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills

Schools

  • School District: Burbank Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5732.00
  • Lot Size Acres: 0.1316

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5732.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 3106.01
  • Tax Lot: 7
  • Tax Tract Number: 9122
  • TaxOtherAnnualAssessmentAmount: 223.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2023
Closed on
Jan 24, 2023
Sold by
Harutyunyan Merl
Bought by
Mikayelyan Ashot
Seller's Agent
Mohamed Hassan
NextHome Milestone
Buyer's Agent
Elen Hakobyan
Coldwell Banker Hallmark
List Price
$1,100,000
Sold Price
$1,285,000
Premium/Discount to List
$185,000
16.82%
Views
82
Current Estimated Value
$1,299,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,489
Avg. Annual Appreciation
-3.27%
Original Mortgage
$300,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 4, 2023
Closed on
Jan 19, 2023
Sold by
Mor Investing Llc
Bought by
Mikayelyan Ashot
Seller's Agent
Mohamed Hassan
NextHome Milestone
Buyer's Agent
Elen Hakobyan
Coldwell Banker Hallmark
List Price
$1,100,000
Sold Price
$1,285,000
Premium/Discount to List
$185,000
16.82%
Views
82

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2019
Sold by
Hekimyan Arsen
Bought by
Mor Investing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
3.5%

Purchase Details

Closed on
Sep 25, 2019
Sold by
Brady Bernard H
Bought by
Hekimyan Arsen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
3.5%
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
Mikayelyan Ashot -- Chicago Title
Mikayelyan Ashot $1,285,000 Chicago Title
Mor Investing Llc -- Accommodation
Hekimyan Arsen $500,000 Lawyers Title Company
Hekimyan Arsen -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mikayelyan Ashot $300,000
Previous Owner Mor Investing Llc $680,000
Previous Owner Hekimyan Arsen $95,000
Previous Owner Hekimyan Arsen $500,000
Previous Owner Hekimyan Arsen $55,000
Previous Owner Brady Bernard H $67,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $1,285,000 +16.8% $779 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
01/04/2023 01/04/23 For Sale $1,100,000 -- $667 / 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 $14,623 $1,336,913 $1,063,600 $273,313
2024 $14,623 $1,310,700 $1,042,746 $267,954
2023 $8,964 $788,047 $525,588 $262,459
2022 $8,557 $772,596 $515,283 $257,313
2021 $8,199 $727,459 $505,180 $222,279
2020 $8,109 $720,000 $500,000 $220,000
2019 $2,306 $192,488 $67,366 $125,122
2018 $2,201 $188,715 $66,046 $122,669
2016 $2,081 $181,388 $63,482 $117,906
2015 $2,040 $178,664 $62,529 $116,135
2014 $2,043 $175,166 $61,305 $113,861
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23000775

California Regional Multiple Listing Service (CRMLS)

APN: 2460-013-004