NOT LISTED FOR SALE

Estimated Value: $1,164,852 - $1,312,000

4 Beds
3 Baths
1,658 Sq Ft
$759/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $1,090,000 $657 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,905/month

131 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Rectangular Lot
  • William McKinley Elementary School Rated A-
  • Accessible Parking
  • Wall Furnace

About This Home

As of April 2022

3 units on a build-able lot Zoning R4 with potential to build a bigger Multi-Unit property. Live in one and rent the others, Located in Central Burbank, minutes from great shopping, restaurants and the great many places to visit in Los Angeles. Perfect opportunity for development, Centrally located property currently fully rented with solid tenants. The street has several other similar lots built with several units generating higher rents and same Zoning BUR4* R4 (Check with the City of Burbank) This property is located near Freeways 5, 134 Glendale-Pasadena and offers access to Shopping Centers, Restaurants. The lot dimensions are 125 Feet deep X 50 Feet wide totaling 6250 Sq Feet. Parking space for 4 cars.

Last Agent to Sell the Property

Ivan Sanzana

Montemar CRE Corp License #01192117 Listed on: 10/29/2021

Last Buyer's Agent

Ivan Sanzana

Montemar CRE Corp License #01192117 Listed on: 10/29/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,703

Year Built

  • Built in 1919

Lot Details

  • 6,275 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,658 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Accessible Parking
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 17 / C
  • Tax Tract Number 4035
  • Assessor Parcel Number 2451001016
  • $234 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,703

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Structure Type: Triplex
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: BUR4*
  • Property Sub Type: Triplex
  • Property Type: Residential
  • Parcel Number: 2451001016
  • Year Built: 1919
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1658.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Wood
  • Accessibility Features: Parking
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 657.42
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Amenities: Pets Permitted
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Burbank Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Rectangular Lot, Rocks
  • Lot Size Sq Ft: 6275.00
  • Lot Size Acres: 0.1441

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6275.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Block: C
  • Tax Census Tract: 3118.02
  • Tax Lot: 17
  • Tax Tract Number: 4035
  • TaxOtherAnnualAssessmentAmount: 234.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2024
Sold by
Mohammed Fareed and Mohammed Corinne
Bought by
Mohammed Trust and Mohammed
Current Estimated Value
$1,258,713

Purchase Details

Listed on
Oct 29, 2021
Closed on
Mar 17, 2022
Sold by
Ernesto Lao Denis and Ernesto Patricia Aida
Bought by
Mohammed Fareed and Mohammed Corinne
Seller's Agent
Ivan Sanzana
Montemar CRE Corp
Buyer's Agent
Ivan Sanzana
Montemar CRE Corp
List Price
$1,325,000
Sold Price
$1,090,000
Premium/Discount to List
-$235,000
-17.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%
Original Mortgage
$817,500
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2021
Sold by
Lao Denis and Rios Lao Aida
Bought by
Ivanov Isabel

Purchase Details

Closed on
Jun 22, 2005
Sold by
Wall Christina D
Bought by
Lao Denis and Rios Lao Aida P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,400
Interest Rate
5.56%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 5, 1997
Sold by
Wall Christina D
Bought by
Wall Christina D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.25%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mohammed Trust -- None Listed On Document
Mohammed Fareed $1,090,000 Orange Coast Title
Ivanov Isabel $302,000 Accommodation
Lao Denis $604,000 Equity Title Company
Wall Christina D -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mohammed Fareed $817,500
Previous Owner Lao Denis Ernesto $75,000
Previous Owner Lao Denis $609,500
Previous Owner Lao Denis $60,400
Previous Owner Lao Denis $483,200
Previous Owner Wall Christina D $250,000
Previous Owner Wall Christina D $71,000
Previous Owner Wall Christina D $200,000
Previous Owner Wall Christina D $127,000
Previous Owner Wall Christina D $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2022 04/22/22 Sold $1,090,000 0.0% $657 / Sq Ft
04/22/2022 04/22/22 Sold $1,090,000 -11.0% $657 / Sq Ft
04/18/2022 04/18/22 Price Changed $1,225,000 0.0% $739 / Sq Ft
04/18/2022 04/18/22 Price Changed $1,225,000 0.0% $739 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
03/09/2022 03/09/22 Pending -- -- --
01/15/2022 01/15/22 Price Changed $1,225,000 0.0% $739 / Sq Ft
01/15/2022 01/15/22 Price Changed $1,225,000 -7.5% $739 / Sq Ft
10/29/2021 10/29/21 For Sale $1,325,000 0.0% $799 / Sq Ft
10/04/2021 10/04/21 For Sale $1,325,000 -- $799 / 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 $12,703 $1,156,716 $689,785 $466,931
2024 $12,703 $1,134,036 $676,260 $457,776
2023 $12,568 $1,111,800 $663,000 $448,800
2022 $9,829 $888,886 $734,811 $154,075
2021 $8,597 $762,543 $656,501 $106,042
2020 $8,503 $754,725 $649,770 $104,955
2019 $8,250 $739,928 $637,030 $102,898
2018 $8,164 $725,421 $624,540 $100,881
2016 $7,755 $697,254 $600,290 $96,964
2015 $7,598 $686,782 $591,274 $95,508
2014 $7,589 $673,330 $579,692 $93,638
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21231626

California Regional Multiple Listing Service (CRMLS)

APN: 2451-001-016