NOT LISTED FOR SALE

Estimated Value: $944,957 - $1,095,000

2 Beds
2 Baths
1,184 Sq Ft
$840/Sq Ft Est. Value

Last Sold October 09, 2015

Last sale price $515,000 $435 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $6,054/month

102 Days on Market

Highlights

  • No Units Above
  • All Bedrooms Downstairs
  • Wood Flooring
  • Bret Harte Elementary School Rated A
  • Traditional Architecture
  • No HOA

About This Home

As of October 2015

Well maintained charming Duplex centrally located in prime Burbank just minutes from restaurants, shops and local amenities. Conveniently located to the Burbank airport and close to St. Joseph's medical center. This Duplex is NON-RENT CONTROL and tenants are month to month. Newer exterior paint and gates, upgraded electrical panel and newer sprinkler system with timer. Consists of 2 units each 1+1, newer wall air conditioning units each in the living room and bedrooms. Front unit has been upgraded with gleaming hardwood floors, ceiling fans, newer appliances, newer paint, beautiful bay windows and lots of natural light. Both units have separate front and back entrances and share a large two car garage with alley access. This Duplex has separate meters and hot water heaters. Both units are occupied with excellent long term tenants. Please do not disturb the tenants. Excellent opportunity! Pictures are of front unit just prior to current tenant moving in.

Last Agent to Sell the Property

Tori Lee

Equity Union License #01224436 Listed on: 05/27/2015

Equity Union

Last Buyer's Agent

Renata D'Egidio

Keller Williams Real Estate License #01404557

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,748

Year Built

  • Built in 1949

Lot Details

  • 3,174 Sq Ft Lot
  • Property fronts an alley
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Wood Fence
  • Sprinklers on Timer

Parking

  • 2 Car Garage
  • Parking Available
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Property Attached
  • Raised Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,184 Sq Ft Home
  • Living Room
  • Carbon Monoxide Detectors

Kitchen

  • Gas Cooktop
  • Tile Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 94
  • Tax Tract Number 8710
  • Assessor Parcel Number 2437022012

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • Gardener Expense $600
  • Water Sewer Expense $455
  • Gross Income $2,450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,748

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: All appliances
  • Other Phone Description: 818-974-1163
  • Other Phone Number: 818-974-1163
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Security: Carbon Monoxide Detector(s)
  • Water Sewer Expenses: 455.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 2437022012
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Tile Counters
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 434.97
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Foundation: Raised
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Floor Furnace
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Sprinklers Timer, Sprinkler System
  • Lot Size Sq Ft: 3174.00
  • Price Per Lot Square Foot: 162.26
  • Lot Size Acres: 0.0730

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Income: 2450.00
  • Gross Scheduled Income: 29400.00
  • Lot Size Area: 3174.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Units Total: 2
  • Number With Carpet: 1
  • Number With Disposal: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 94
  • Tax Tract Number: 8710
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2015
Closed on
Sep 9, 2015
Sold by
Shulem Ronald
Bought by
Egidio Renata D
Seller's Agent
Tori Lee
Equity Union
Buyer's Agent
Renata D'Egidio
Keller Williams Real Estate
List Price
$559,900
Sold Price
$515,000
Premium/Discount to List
-$44,900
-8.02%
Current Estimated Value
$994,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$479,489
Avg. Annual Appreciation
6.92%
Original Mortgage
$400,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 11, 2012
Closed on
Feb 10, 2012
Sold by
Doe Margaret Edris and Doe Harry Carlton
Bought by
Shulem Ronald and Shulem Leslie
Seller's Agent
David Mauerman
Keller Williams Realty World Media Center
Buyer's Agent
Tori Lee
Equity Union
List Price
$379,000
Sold Price
$357,500
Premium/Discount to List
-$21,500
-5.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%
Original Mortgage
$268,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2011
Sold by
Doe Margaret and Doe Harry Carlton
Bought by
Doe Margaret E and Doe Harry Carlton

Purchase Details

Closed on
Mar 31, 2010
Sold by
Lehman Dorcas
Bought by
Lehman Dorcas and Dorcas Lehman Revocable Trust

Purchase Details

Closed on
Jun 16, 2006
Sold by
Lehman Dorcas D and Dorcas D Lehman Living Trust
Bought by
Lehman Dorcas D and Dorcas Lehman Family Trust

Purchase Details

Closed on
Mar 9, 2006
Sold by
Lehman Dorcas and The Dorcas Lehman Trust
Bought by
The Dorcas D Lehman Living Trust

Purchase Details

Closed on
Jun 5, 2003
Sold by
Lehman Dorcas
Bought by
Lehman Dorcas and Dorcas Lehman Trust
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
Egidio Renata D $515,000 Lawyers Title
Shulem Ronald $357,500 Orange Coast Title Company
Doe Margaret E -- None Available
Doe Margaret -- None Available
Lehman Dorcas -- None Available
Lehman Dorcas D -- None Available
The Dorcas D Lehman Living Trust -- None Available
Lehman Dorcas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Degidio Renata $365,300
Closed Egidio Renata D $400,000
Previous Owner Shulem Ronald $268,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2015 10/09/15 Sold $515,000 -8.0% $435 / Sq Ft
09/06/2015 09/06/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $559,900 +56.6% $473 / Sq Ft
02/23/2012 02/23/12 Sold $357,500 -5.7% $302 / Sq Ft
01/21/2012 01/21/12 Pending -- -- --
01/11/2012 01/11/12 For Sale $379,000 -- $320 / 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 $6,748 $609,648 $366,974 $242,674
2024 $6,748 $597,695 $359,779 $237,916
2023 $6,677 $585,976 $352,725 $233,251
2022 $6,373 $574,487 $345,809 $228,678
2021 $6,348 $563,224 $339,029 $224,195
2020 $6,278 $557,450 $335,553 $221,897
2019 $6,091 $546,521 $328,974 $217,547
2018 $6,014 $535,806 $322,524 $213,282
2016 $5,711 $515,000 $310,000 $205,000
2015 $4,146 $373,621 $229,921 $143,700
2014 $4,143 $366,304 $225,418 $140,886
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15113271

California Regional Multiple Listing Service (CRMLS)

APN: 2437-022-012