NOT LISTED FOR SALE

14722 Burbank Blvd Sherman Oaks, CA 91411

Estimated Value: $1,033,000 - $1,351,464

4 Beds
2 Baths
1,736 Sq Ft
$696/Sq Ft Est. Value

Last Sold July 01, 2019

Last sale price $875,000 $504 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $7,575/month

48 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Central Heating and Cooling System
  • Kester Avenue Elementary School Rated A-

About This Home

As of July 2019

Beautiful Duplex located in Prime Sherman Oaks.. Two 2 Bedroom, 1 Bath units with wood floors, Laundry area in the kitchen. Back unit with Central Air/Forced Heat and front unit with wall unit air condition/Heat.

Last Agent to Sell the Property

Amalia Khachikian

Berkshire Hathaway HomeServices California Properties License #00989919 Listed on: 03/28/2019

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,553

Year Built

  • Built in 1948

Lot Details

  • 6,000 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,736 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Private Water Source

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 13775
  • Assessor Parcel Number 2249013008

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $70
  • Insurance Expense $1,500
  • Water Sewer Expense $1,600
  • New Taxes Expense $10,125
  • Operating Expense $13,430
  • Gross Income $31,800
  • Net Operating Income $18,470

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,553

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1600.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Gardener Expense: 70.00
  • Parcel Number: 2249013008
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Fireplace Features: Living Room
  • Price Per Square Foot: 504.03

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Private
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6000.00
  • Lot Size Acres: 0.1377

Multi Family

  • Gross Income: 31800.00
  • Gross Operating Income: 31800.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6000.0000 Square Feet
  • Net Operating Income: 18470.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 13430.00
  • Rent Control: Yes
  • Total Expenses: 13430.00

Tax Info

  • New Taxes Expense: 10125.00
  • Tax Census Tract: 1288.02
  • Tax Lot: 8
  • Tax Tract Number: 13775

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2021
Sold by
Christianian Raffi K
Bought by
Christianian Raffi K
Current Estimated Value
$1,207,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$563,000
Outstanding Balance
$503,830
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$703,786

Purchase Details

Listed on
Mar 28, 2019
Closed on
Jun 24, 2019
Sold by
Jjak Properties Llc
Bought by
Christianian Raffi K
Seller's Agent
Amalia Khachikian
Berkshire Hathaway HomeServices California Properties
List Price
$899,900
Sold Price
$875,000
Premium/Discount to List
-$24,900
-2.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%
Original Mortgage
$575,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 28, 2019
Closed on
May 20, 2019
Sold by
Christianian Ripsime Seme
Bought by
Christianian Raffi K
Seller's Agent
Amalia Khachikian
Berkshire Hathaway HomeServices California Properties
List Price
$899,900
Sold Price
$875,000
Premium/Discount to List
-$24,900
-2.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2017
Sold by
Shamoon James
Bought by
Jjak Properties Llc

Purchase Details

Closed on
Jul 19, 1999
Sold by
Lembersky Arkady
Bought by
Shamoon James and Shamoon Jacquline M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
3.35%
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
Christianian Raffi K -- Equity Title
Christianian Raffi K $875,000 California Title Company
Christianian Raffi K -- California Title Company
Jjak Properties Llc -- None Available
Shamoon James $215,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christianian Raffi K $563,000
Closed Christianian Raffi K $575,000
Previous Owner Shamoon James $350,000
Previous Owner Shamoon James $315,000
Previous Owner Shamoon James $271,250
Previous Owner Shamoon James $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2019 07/01/19 Sold $875,000 -2.8% $504 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $899,900 -- $518 / 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 $11,553 $956,936 $710,868 $246,068
2024 $11,553 $938,174 $696,930 $241,244
2023 $11,330 $919,779 $683,265 $236,514
2022 $10,802 $901,745 $669,868 $231,877
2021 $10,668 $884,065 $656,734 $227,331
2020 $10,776 $875,000 $650,000 $225,000
2019 $3,754 $296,213 $89,410 $206,803
2018 $3,666 $290,406 $87,657 $202,749
2017 $3,586 $284,713 $85,939 $198,774
2016 $3,490 $279,131 $84,254 $194,877
2015 $3,441 $274,939 $82,989 $191,950
2014 $3,464 $269,554 $81,364 $188,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19068440

California Regional Multiple Listing Service (CRMLS)

APN: 2249-013-008