NOT LISTED FOR SALE

1725 Peyton Ave Burbank, CA 91504

Hillside District Neighborhood

Estimated Value: $963,000 - $1,177,000

2 Beds
2 Baths
1,000 Sq Ft
$1,066/Sq Ft Est. Value

Last Sold May 16, 2019

Last sale price $700,000 $700 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $6,514/month

13 Days on Market

Highlights

  • Property is near a park
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • George Washington Elementary Rated A-
  • Living Room
  • 1-minute walk to Earthwalk Park

About This Home

As of May 2019

Located in a prime rental neighborhood is this fantastic Duplex with 1 Bedroom & 1Bathroom in each unit. Great opportunity to purchase as an investment property that has value-add potential. There is a fenced grass yard in the front. Conveniently laid out floor plans with eat-in Kitchens, bright Living Rooms and side access points in each unit through their own separate laundry areas. Current owner has done updates through the years. Large backyard and detached garage. Conveniently located near shops, local amenities and freeway access. If you’re looking for your first investment property or want to add to your portfolio, this is the property you’ve been looking for.

Last Agent to Sell the Property

Robert Kurdyan

Keller Williams Realty World Media Center License #01493532 Listed on: 03/19/2019

Keller Williams Realty World Media Center

Co-Listed By

Linda Barnes

Equity Union License #00620062

Last Buyer's Agent

Tami Yu

Omni Realty & Investment Group License #01894564

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,631

Year Built

  • Built in 1941

Lot Details

  • 4,827 Sq Ft Lot
  • 1 Common Wall
  • Back and Front Yard

Home Design

  • Property Attached
  • Shingle Roof

Interior Spaces

  • 1,000 Sq Ft Home
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Location

  • Property is near a park

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 25A
  • Tax Tract Number 3097
  • Assessor Parcel Number 2468015005

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $8,488
  • Operating Expense $8,488
  • Gross Income $27,360
  • Net Operating Income $18,872

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,631

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Other Phone Description: Information
  • Other Phone Number: 818-533-1525
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 2468015005
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 700.00
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Park Nearby
  • Lot Size Sq Ft: 4827.00
  • Lot Size Acres: 0.1108

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 27360.00
  • Gross Scheduled Income: 27360.00
  • Lot Size Area: 4827.0000 Square Feet
  • Net Operating Income: 18872.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 8488.00
  • Rent Control: No
  • Total Expenses: 8488.00

Tax Info

  • New Taxes Expense: 8488.00
  • Tax Lot: 25A
  • Tax Tract Number: 3097

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2019
Closed on
Apr 5, 2019
Sold by
The Nicsinger Family Trust
Bought by
Wee Soo W and Wee Eun Jin
Seller's Agent
Robert Kurdyan
Keller Williams Realty World Media Center
Buyer's Agent
Tami Yu
Omni Realty & Investment Group
List Price
$679,000
Sold Price
$700,000
Premium/Discount to List
$21,000
3.09%
Current Estimated Value
$1,065,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,521
Avg. Annual Appreciation
6.88%
Original Mortgage
$500,000
Outstanding Balance
$438,731
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$626,790

Purchase Details

Closed on
Feb 1, 2005
Sold by
Nicsinger John and Nicsinger Anneliese M
Bought by
Nicsinger John and Nicsinger Anneliese M

Purchase Details

Closed on
Jun 4, 2001
Sold by
Cerna Flor M
Bought by
Nicsinger John and Nicsinger Anneliese M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.14%

Purchase Details

Closed on
Jun 2, 1998
Sold by
Pavicevic Zeljko
Bought by
Cerna Flor M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,045
Interest Rate
7.17%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 1997
Sold by
Fischer Donald Frank
Bought by
Fischer June Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7.81%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 27, 1997
Sold by
Fischer June M
Bought by
Paviosvic Zeljko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7.81%
Mortgage Type
Seller Take Back
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
Wee Soo W $700,000 Old Republic Title Company
Nicsinger John -- --
Nicsinger John -- --
Nicsinger John $170,000 Old Republic Title Company
Cerna Flor M $138,500 United Title Company
Fischer June Marie -- First Southwestern Title Co
Paviosvic Zeljko $100,000 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wee Soo W $500,000
Previous Owner Nicsinger John $139,000
Previous Owner Nicsinger John $136,000
Previous Owner Cerna Flor M $26,565
Previous Owner Cerna Flor M $136,748
Previous Owner Cerna Flor M $137,045
Previous Owner Paviosvic Zeljko $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2019 05/16/19 Sold $700,000 +3.1% $700 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
03/19/2019 03/19/19 For Sale $679,000 -- $679 / 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 $8,631 $780,858 $468,515 $312,343
2024 $8,631 $765,548 $459,329 $306,219
2023 $8,539 $750,538 $450,323 $300,215
2022 $8,152 $735,823 $441,494 $294,329
2021 $8,124 $721,396 $432,838 $288,558
2020 $8,035 $714,000 $428,400 $285,600
2019 $5,227 $225,116 $145,666 $79,450
2018 $2,545 $220,703 $142,810 $77,893
2016 $2,410 $212,134 $137,265 $74,869
2015 $2,362 $208,949 $135,204 $73,745
2014 $2,368 $204,857 $132,556 $72,301
Source: Public Records

Agents Affiliated with this Home

  • Robert Kurdyan

    Seller's Agent in 2019

    Robert Kurdyan

    Keller Williams Realty World Media Center

    (818) 239-1275

    9 in this area

    32 Total Sales

    Robert Kurdyan
    Section Image
  • Linda Barnes

    Seller Co-Listing Agent in 2019

    Linda Barnes

    Equity Union

    (818) 399-1195

    8 Total Sales

    Linda Barnes
    Section Image

  • T

    Buyer's Agent in 2019

    Tami Yu

    Omni Realty & Investment Group

    (213) 637-0010

    1 in this area

    3 Total Sales

    Tami Yu
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB19060116

California Regional Multiple Listing Service (CRMLS)

APN: 2468-015-005

California Los Angeles County Burbank 91504 Hillside District

1725 Peyton Ave, Burbank, CA

This home is located at 1725 Peyton Ave, Burbank, CA 91504 since 19 March 2019 and is currently estimated at $1,065,521, approximately $1,065 per square foot. This property was built in 1941. 1725 Peyton Ave is a home located in Los Angeles County with nearby schools including George Washington Elementary, Luther Burbank Middle School, and Burbank High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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

Nearby Homes