1689 N Hollywood Way Burbank, CA 91505
Northwest District Neighborhood
4
Beds
4
Baths
2,080
Sq Ft
6,395
Sq Ft Lot
Highlights
- Front Yard
- Bret Harte Elementary School Rated A
- 1-Story Property
About This Home
As of May 2024Presenting an excellent opportunity for seasoned investors or those new to the real estate market, this 4-unit property in Burbank offers tremendous potential. Each unit comprises a generous layout featuring 1 bedroom and 1 bathroom, providing comfortable living spaces for tenants. Additionally, the property includes two 2-car garages situated at the rear, offering convenient parking solutions. Don't miss out on this chance to invest in the thriving Burbank area and grow your real estate portfolio.
Last Agent to Sell the Property
Brad Korb Real Estate Group Brokerage Email: brad@bradkorb.com License #00698730 Listed on: 03/05/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,322
Year Built
- Built in 1947
Lot Details
- 6,395 Sq Ft Lot
- Two or More Common Walls
- Front Yard
Parking
- 4 Car Garage
Home Design
- Quadruplex
Interior Spaces
- 2,080 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 14
- Tax Tract Number 13215
- Assessor Parcel Number 2436012002
Community Details
Overview
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $355
- Insurance Expense $695
- Water Sewer Expense $375
- New Taxes Expense $16,250
- Operating Expense $17,674
- Gross Income $56,400
- Net Operating Income $38,726
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 5, 2024
Closed on
Apr 11, 2024
Sold by
Tabor Larry O and Li Deborah
Bought by
1689 N Hollywood Way Llc
Seller's Agent
Brad Korb
Brad Korb Real Estate Group
Buyer's Agent
Randi Johnson
Americana Real Estate Services
List Price
$1,299,992
Sold Price
$1,155,000
Premium/Discount to List
-$144,992
-11.15%
Views
27
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,016
Avg. Annual Appreciation
0.21%
Purchase Details
Closed on
Mar 3, 1997
Sold by
Tabor Larry O and Tabor Larry Oville
Bought by
Tabor Larry O and Tabor Deborah Dayer
Similar Homes in Burbank, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,155,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/10/2024 05/10/24 | Sold | $1,155,000 | -11.2% | $555 / Sq Ft |
| 03/05/2024 03/05/24 | For Sale | $1,299,992 | -- | $625 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $1,322 | $89,586 | $36,741 | $52,845 |
| 2023 | $1,311 | $87,830 | $36,021 | $51,809 |
| 2022 | $1,260 | $86,109 | $35,315 | $50,794 |
| 2021 | $1,242 | $84,422 | $34,623 | $49,799 |
| 2019 | $1,199 | $82,340 | $33,597 | $48,743 |
| 2018 | $1,107 | $80,735 | $32,939 | $47,796 |
| 2016 | $1,030 | $77,199 | $31,661 | $45,538 |
| 2015 | $1,012 | $76,040 | $31,186 | $44,854 |
| 2014 | $1,039 | $74,552 | $30,576 | $43,976 |
Source: Public Records
Agents Affiliated with this Home
-
Brad Korb
Seller's Agent in 2024
Brad Korb
Brad Korb Real Estate Group
(818) 859-0310
26 in this area
356 Total Sales
-
Randi Johnson
R
Buyer's Agent in 2024
Randi Johnson
Americana Real Estate Services
(818) 244-2777
3 in this area
4 Total Sales
-
N
Buyer Co-Listing Agent in 2024
Narbe Baghoomian
Americana Real Estate Services
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB24036643
APN: 2436-012-002
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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