NOT LISTED FOR SALE

Estimated Value: $1,352,000 - $1,588,885

4 Beds
4 Baths
2,080 Sq Ft
$709/Sq Ft Est. Value

Last Sold August 08, 2023

Last sale price $1,445,000 $695 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $9,358/month

10 Days on Market

Highlights

  • Lawn
  • No HOA
  • Living Room
  • Bret Harte Elementary School Rated A
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring

About This Home

As of August 2023

Welcome to this well cared for, charming 4 plex with EXCELLENT rents and stable tenants, so you’re guaranteed to collect rent. Each unit features 1 bedroom with a large closet & 1 bathroom, kitchens with quaint dining areas, and built-in shelving in the living rooms. Each unit has either a window, a wall or a portable AC unit and wall heater, to keep your tenants comfortable. 3 units have been updated with newer vinyl plank flooring & fresh paint. The property is self-sustaining, all 4 back doors, as well as the water heater closet doors have recently been replaced, the exterior has been freshly painted & the well-maintained yard has automatic sprinklers to keep the grass looking picture perfect! Tenants have space to BBQ or sit out under the stars in their designated back patio space .

The 2 two car garages conveniently share a wall with the back unit making it the PERFECT owner-occupied space with room to expand. Convert half of the garage to add over 450 sq/ft to your owner’s unit plus, add direct access from the other half of the garage to include your own private owner 2 car garage parking: while collecting rent from the other tenants. If owner occupancy is not in your future, you can offer the garage space to the tenants, rent the garages out separately or convert the space into an ADU.

There is also a 5th parking space next to the garage making parking issue’s something this building will never have to worry about.

With this property the possibilities are endless. These units are close to the studios, the Burbank Airport, the 134 freeway, 5 freeway, public transportation and many walkable businesses. Don’t miss out on your opportunity to own this multi opportunity property. PLEASE DO NOT GO ON THE PROPERTY & PLEASE DO NOT DISTURB THE TENANTS

Last Agent to Sell the Property

Cari Pelayo

HomeSmart Evergreen Realty License #01351500 Listed on: 07/08/2023

HomeSmart Evergreen Realty

Last Buyer's Agent

Barbara Noriega

eXp Realty of California, Inc. License #02180722

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,208

Year Built

  • Built in 1947

Lot Details

  • 6,392 Sq Ft Lot
  • Two or More Common Walls
  • Lawn

Parking

  • 4 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Rear-Facing Garage
  • Two Garage Doors
  • Parking Lot
  • Off-Street Parking

Home Design

  • Quadruplex
  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,080 Sq Ft Home
  • 1-Story Property
  • Living Room

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 17
  • Tax Tract Number 13215
  • Assessor Parcel Number 2436012005
  • $333 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,000
  • Water Sewer Expense $960
  • Operating Expense $3,960
  • Net Operating Income $98,328

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,208

Year Built

Built in 1947

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Price Per Unit: 332250
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 960.00
  • Zoning: BUR4*
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 2436012005
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: front
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 694.71
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Paved, Garage, Garage Faces Rear, Garage - Two Door, Off Street, On Site, Oversized, Parking Space, Private
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Electric: Standard
  • Heating Type: Natural Gas, Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 6392.00
  • Lot Size Acres: 0.1467

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 102288.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 6392.0000 Square Feet
  • Net Operating Income: 98328.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Carpet: 1
  • Number With Patio: 4
  • Operating Expense: 3960.00
  • Rent Control: Yes
  • Total Expenses: 3960.00

Tax Info

  • Tax Census Tract: 3111.00
  • Tax Lot: 17
  • Tax Tract Number: 13215
  • TaxOtherAnnualAssessmentAmount: 333.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2024
Sold by
Dikranian David and Sarafian Rita
Bought by
Evn Properties Corp
Current Estimated Value
$1,462,431

Purchase Details

Listed on
Jul 8, 2023
Closed on
Aug 3, 2023
Sold by
Dooley Family Trost
Bought by
Dikranian David and Sarafian Rita
Seller's Agent
Cari Pelayo
HomeSmart Evergreen Realty
Buyer's Agent
Barbara Noriega
eXp Realty of California, Inc.
List Price
$1,329,000
Sold Price
$1,445,000
Premium/Discount to List
$116,000
8.73%
Views
90

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.77%
Original Mortgage
$1,156,000
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2015
Sold by
Hwd Llc
Bought by
Dooley Family Trust

Purchase Details

Closed on
Jul 25, 2011
Sold by
Dooley Kevin M and Dooley Stacey L
Bought by
Hwd Llc

Purchase Details

Closed on
Jul 1, 2011
Sold by
Dooley Kevin and Dooley Stacey
Bought by
Dooley Kevin M and Dooley Stacey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2003
Sold by
Brubaker Douglas
Bought by
Dooley Kevin and Dooley Stacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2000
Sold by
Suarez Henry and Valdes Suarez Vivian
Bought by
Brubaker Doug

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,200
Interest Rate
9.75%

Purchase Details

Closed on
Jul 29, 1999
Sold by
Suarez Henry
Bought by
Suarez Henry J and Valdes Suarez Vivian
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
Evn Properties Corp -- None Listed On Document
Dikranian David $1,445,000 Consumers Title Company
Dooley Family Trust -- None Available
Hwd Llc -- None Available
Dooley Kevin M -- None Available
Dooley Kevin $565,000 First American Title Co
Brubaker Doug $269,000 Old Republic Title Company
Suarez Henry J -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dikranian David $1,156,000
Previous Owner Dooley Kevin M $660,000
Previous Owner Dooley Kevin $510,000
Previous Owner Dooley Kevin $500,000
Previous Owner Dooley Kevin $444,000
Previous Owner Brubaker Doug $65,000
Previous Owner Brubaker Doug $215,200
Closed Brubaker Doug $40,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2023 08/08/23 Sold $1,445,000 +8.7% $695 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
07/08/2023 07/08/23 For Sale $1,329,000 -- $639 / 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 $16,208 $1,473,900 $1,122,000 $351,900
2024 $16,208 $1,445,000 $1,100,000 $345,000
2023 $8,822 $765,271 $628,620 $136,651
2022 $8,426 $750,267 $616,295 $133,972
2021 $8,390 $735,557 $604,211 $131,346
2019 $8,054 $714,482 $586,291 $128,191
2018 $7,928 $700,488 $574,796 $125,692
2016 $7,525 $672,577 $552,477 $120,100
2015 $7,374 $662,475 $544,179 $118,296
2014 $7,374 $649,499 $533,520 $115,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23121243

California Regional Multiple Listing Service (CRMLS)

APN: 2436-012-005