Seller's Agent in 2021
jorge Verano
Better Homes and Gardens Real Estate Town Center
(818) 848-2888
1 in this area
2 Total Sales
1720 N Hollywood Way Burbank, CA 91505
Northwest District NeighborhoodEstimated Value: $1,441,000 - $1,954,000
8
Beds
5
Baths
3,120
Sq Ft
$533/Sq Ft
Est. Value
Highlights
- Laundry Room
- West Facing Home
- Level Lot
- Bret Harte Elementary School Rated A
About This Home
As of November 2021This lovely fourplex is located in the middle of Burbank close to the Media District! It is a super location, close to Schools, Churches, Parks, Public transportation & not far from Toluca Lake, Studio City, several Studios including The famous Universal Studios, Hollywood, very close to most Shopping Centers Restaurants & much more: Your tenants will absolutely love the location.
Rents are low but have great Upside Potential.
Last Agent to Sell the Property
Better Homes and Gardens Real Estate Town Center License #01026303 Listed on: 09/27/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,129
Year Built
- Built in 1952
Lot Details
- 5,222 Sq Ft Lot
- Lot Dimensions are 106x49
- No Common Walls
- West Facing Home
- Level Lot
- Density is 2-5 Units/Acre
Parking
- 4 Car Garage
- Parking Available
- Rear-Facing Garage
- Two Garage Doors
- Assigned Parking
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,120 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Utilities
- Natural Gas Connected
- Cable TV Available
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, sewer, trash collection
- Tax Lot 16
- Tax Tract Number 1
- Assessor Parcel Number 2437021010
- $352 per year additional tax assessments
Community Details
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $180
- Gardener Expense $720
- Insurance Expense $2,500
- Water Sewer Expense $2,088
- New Taxes Expense $9,254
- Operating Expense $14,742
- Gross Income $69,600
- Net Operating Income $54,858
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 27, 2021
Closed on
Oct 7, 2021
Sold by
Arevalo Family Trust and Arevalo Ilse A
Bought by
Uncles Thomas Christopher
Seller's Agent
jorge Verano
Better Homes and Gardens Real Estate Town Center
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,400,000
Sold Price
$1,466,000
Premium/Discount to List
$66,000
4.71%
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
$197,241
Avg. Annual Appreciation
3.31%
Original Mortgage
$1,172,800
Outstanding Balance
$1,108,279
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$554,962
Purchase Details
Closed on
Jun 22, 2021
Sold by
Arevalo Reynaldo and Arevalo Ilse A
Bought by
Arevalo Family Trust and Arevalo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,835
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 19, 2016
Sold by
Arevalo Reynaldo
Bought by
Arevalo Reynaldo and Arevalo Ilse A
Purchase Details
Closed on
Mar 4, 2014
Sold by
Arevalo Reynaldo
Bought by
Arevalo Reynaldo and Arevalo Ilse
Purchase Details
Closed on
May 4, 2004
Sold by
Madrigal Jacqueline
Bought by
Arevalo Reynaldo and Arevalo Ilse
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,500
Interest Rate
5.75%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Jun 10, 2003
Sold by
Madrigal Richard
Bought by
Madrigal Jacqueline
Purchase Details
Closed on
Apr 18, 2003
Sold by
Madrigal Jacqueline
Bought by
Madrigal Richard
Purchase Details
Closed on
Jan 27, 2003
Sold by
Schneider Martin S
Bought by
Madrigal Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,500
Interest Rate
8.13%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 5, 2002
Sold by
Kaufman Richard I
Bought by
Kaufman Richard I and Kaufman Louise A
Purchase Details
Closed on
Feb 4, 2002
Sold by
Schneider Martin S
Bought by
Schneider Martin S and Schneider Tobi J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 29, 2002
Sold by
Schneider Martin S
Bought by
Schneider Martin S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 22, 2001
Sold by
Schneider Martin S
Bought by
Schneider Martin S and Schneider Tobi J
Purchase Details
Closed on
Jan 25, 2000
Sold by
Schneider Tobi
Bought by
Schneider Martin S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
3.75%
Purchase Details
Closed on
Jan 20, 2000
Sold by
Weinstein Harold And Sharron Trs
Bought by
Schneider Martin S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
3.75%
Purchase Details
Closed on
Oct 13, 1993
Sold by
Weinstein Harold J
Bought by
Weinstein Harold J and Weinstein Sharron H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
6.81%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Uncles Thomas Christopher | $1,466,000 | Old Republic Title | |
| Arevalo Family Trust | -- | Accommodation/Courtesy Recordi | |
| Arevalo Reynaldo | -- | Stewart Title Of California In | |
| Arevalo Reynaldo | -- | None Available | |
| Arevalo Reynaldo | -- | None Available | |
| Arevalo Reynaldo | $625,000 | Lawyers Title | |
| Madrigal Jacqueline | -- | Southland Title Company | |
| Madrigal Richard | -- | Southland Title Company | |
| Madrigal Richard | $535,000 | Southland Title Company | |
| Kaufman Richard I | -- | -- | |
| Schneider Martin S | -- | -- | |
| Schneider Martin S | -- | Southland Title Company | |
| Schneider Martin S | -- | Southland Title Company | |
| Schneider Martin S | -- | -- | |
| Schneider Martin S | -- | -- | |
| Schneider Martin S | -- | South Coast Title Company | |
| Schneider Martin S | $270,000 | South Coast Title Company | |
| Weinstein Harold J | -- | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Uncles Thomas Christopher | $1,172,800 | |
| Previous Owner | Arevalo Reynaldo | $374,835 | |
| Previous Owner | Arevalo Reynaldo | $437,500 | |
| Previous Owner | Madrigal Richard | $481,500 | |
| Previous Owner | Schneider Martin S | $266,000 | |
| Previous Owner | Schneider Martin S | $216,000 | |
| Previous Owner | Weinstein Harold J | $151,000 | |
| Closed | Schneider Martin S | $27,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/09/2021 11/09/21 | Sold | $1,466,000 | +4.7% | $470 / Sq Ft |
| 10/06/2021 10/06/21 | Pending | -- | -- | -- |
| 09/27/2021 09/27/21 | For Sale | $1,400,000 | -- | $449 / 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 |
|---|---|---|---|---|
| 2025 | $17,129 | $1,555,730 | $933,863 | $621,867 |
| 2024 | $17,129 | $1,525,226 | $915,552 | $609,674 |
| 2023 | $16,947 | $1,495,320 | $897,600 | $597,720 |
| 2022 | $16,179 | $1,466,000 | $880,000 | $586,000 |
| 2021 | $9,357 | $820,935 | $354,643 | $466,292 |
| 2020 | $9,254 | $812,518 | $351,007 | $461,511 |
| 2019 | $8,982 | $796,587 | $344,125 | $452,462 |
| 2018 | $8,865 | $780,969 | $337,378 | $443,591 |
| 2016 | $8,404 | $750,645 | $324,278 | $426,367 |
| 2015 | $8,235 | $739,371 | $319,408 | $419,963 |
| 2014 | $8,231 | $724,889 | $313,152 | $411,737 |
Source: Public Records
Agents Affiliated with this Home
-
jorge Verano
-
NoEmail NoEmail
N
Buyer's Agent in 2021
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
5,926 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB21212872
APN: 2437-021-010
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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