NOT LISTED FOR SALE

Estimated Value: $1,390,566 - $1,576,000

2 Beds
2 Baths
1,641 Sq Ft
$900/Sq Ft Est. Value

Last Sold May 30, 2017

Last sale price $805,000 $491 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $8,892/month

21 Days on Market

Highlights

  • 2 Car Attached Garage
  • R. L. Stevenson Elementary School Rated A
  • Central Heating

About This Home

As of May 2017

DEAL OF THE YEAR! Stop looking and buy this amazing opportunity with two homes in one of the most sought after areas of Burbank. Either live in one and rent the other or build two larger homes. Amazing opportunity not to be missed. Both units are vacant.

Last Agent to Sell the Property

Vahan Saroians

Keller Williams Realty Los Feliz License #01085051 Listed on: 04/06/2017

Keller Williams Realty Los Feliz

Last Buyer's Agent

Armando Padilla

License #01515313

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,342

Year Built

  • Built in 1936

Lot Details

  • 6,768 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • 1,641 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2484-017-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,342

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: DEAL OF THE YEAR! Stop looking and buy this amazing opportunity with two homes in one of the most sought after areas of Burbank. Either live in one and rent the other or build two larger homes. Amazing opportunity not to be missed. Both units are vacant.
  • Living Area: 1641
  • Probate: No
  • Year Built: 1936
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 423.52

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Attached
  • Total Parking: 2

Utilities

  • Cooling: Wall/Window
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 2484-017-001
  • Geocode Override: No
  • Lot Size Area: 6768

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2020
Sold by
Altman Judy R
Bought by
Altman Gary G
Current Estimated Value
$1,476,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$888,200
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2020
Sold by
Altman Jonathan Andrew
Bought by
Altman Jonathan Andrew and Altman Gary G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$888,200
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2019
Sold by
Wang Xiaofei
Bought by
Altman Jonathan Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.82%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 6, 2017
Closed on
May 1, 2017
Sold by
Dickason Carol and Matsumoto Linda
Bought by
Altman Jonathan Andrew and Wang Xiaofei
Seller's Agent
Vahan Saroians
Keller Williams Realty Los Feliz
Buyer's Agent
Armando Padilla
List Price
$695,000
Sold Price
$805,000
Premium/Discount to List
$110,000
15.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%
Original Mortgage
$644,000
Interest Rate
4.08%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Altman Gary G -- Ticor Title Company Of Ca
Altman Jonathan Andrew -- Ticor Title Company Of Ca
Altman Jonathan Andrew -- Lawyers Title
Altman Jonathan Andrew $805,000 Equity Title Los Angeles
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Altman Jonathan Andrew $1,186,800
Closed Altman Jonathan Andrew $888,200
Closed Altman Jonathan Andrew $280,000
Previous Owner Altman Jonathan Andrew $644,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2017 05/30/17 Sold $805,000 +15.8% $491 / Sq Ft
04/27/2017 04/27/17 Pending -- -- --
04/06/2017 04/06/17 For Sale $695,000 -- $424 / Sq Ft
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 $10,342 $934,267 $562,881 $371,386
2024 $10,342 $915,949 $551,845 $364,104
2023 $10,232 $897,990 $541,025 $356,965
2022 $9,773 $880,383 $530,417 $349,966
2021 $9,736 $863,121 $520,017 $343,104
2020 $9,629 $854,271 $514,685 $339,586
2019 $9,343 $837,522 $504,594 $332,928
2018 $9,197 $821,100 $494,700 $326,400
2016 $808 $62,090 $25,865 $36,225
2015 $794 $61,158 $25,477 $35,681
2014 $808 $59,961 $24,978 $34,983
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-218688

The MLS

APN: 2484-017-001