NOT LISTED FOR SALE

1740 N Hollywood Way Burbank, CA 91505

Northwest District Neighborhood

Estimated Value: $1,022,000 - $1,337,000

4 Beds
3 Baths
1,612 Sq Ft
$741/Sq Ft Est. Value

Last Sold November 06, 2015

Last sale price $670,000 $416 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $7,261/month

153 Days on Market

About This Home

As of November 2015

Triplex in great Burbank location. No rent control. Each unit has a private patio and hardwood floors.Units consist of 2 (2+1) and 1 single.Near major studios. All units are rented.

Last Agent to Sell the Property

Charles Lazar

AOA Commercial Brokerage License #00426953 Listed on: 05/08/2015

Co-Listed By

Elvin Apelian

License #01433009

Last Buyer's Agent

Elvin Apelian

License #01433009

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,798

Year Built

  • Built in 1953

Lot Details

  • 5,530 Sq Ft Lot

Parking

  • 3 Parking Spaces

Home Design

  • Triplex

Interior Spaces

  • 1,612 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 2437-021-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,798

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1612
  • Stories: 1
  • Year Built: 1953
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Range/Oven
  • Price Per S Q F T: 465.26

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 3 Car
  • Total Parking: 3

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 246865
  • Assessed Land Value: 315147
  • Assessor Parcel Number: 2437-021-003
  • Geocode Override: No
  • Lot Size Area: 5530

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 17.39
  • Number Of Units: 3
  • Rent Control: 0
  • Total Annual Expense: 16250
  • Type Of Units: Triplex
  • Vacancy Rate: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2015
Closed on
Oct 21, 2015
Sold by
Mkrtchian Christine
Bought by
Naaom Saif
Seller's Agent
Charles Lazar
AOA Commercial Brokerage
Buyer's Agent
Elvin Apelian
List Price
$850,000
Sold Price
$670,000
Premium/Discount to List
-$180,000
-21.18%
Current Estimated Value
$1,181,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$511,947
Avg. Annual Appreciation
5.75%

Purchase Details

Listed on
May 8, 2015
Closed on
Oct 13, 2015
Sold by
Dongo Jaime J
Bought by
Naaom Fadi and Naaom Saif
Seller's Agent
Charles Lazar
AOA Commercial Brokerage
Buyer's Agent
Elvin Apelian
List Price
$850,000
Sold Price
$670,000
Premium/Discount to List
-$180,000
-21.18%

Purchase Details

Closed on
Jul 27, 2012
Sold by
Dongo Jaime J
Bought by
Dongo Jaime J and Dongo Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2009
Sold by
Dongo Jaime J
Bought by
Dongo Jaime J and Dongo Maria C

Purchase Details

Closed on
Nov 6, 2008
Sold by
Rivas Javier
Bought by
Dongo Jaime J and Dongo Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,500
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2005
Sold by
Reinke Charles
Bought by
Rivas Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2000
Sold by
Salek Sohrab
Bought by
Reinke Charles and Reinke Anja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,925
Interest Rate
7.86%

Purchase Details

Closed on
Aug 16, 2000
Sold by
Salek Sohrab
Bought by
Salek Sohrab and Salek Fattaneh

Purchase Details

Closed on
Feb 15, 1996
Sold by
Salek Michael
Bought by
Salek Sohrab and Salek Fattaneh
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Naaom Saif -- Lawyers Title
Naaom Fadi $670,000 Lawyers Title
Dongo Jaime J -- Lsi
Dongo Jaime J -- None Available
Dongo Jaime J $535,000 Chicago Title Company
Rivas Javier $660,000 Alliance Title
Reinke Charles $240,000 Fidelity Title
Salek Sohrab -- --
Salek Sohrab -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dongo Jaime J $360,000
Previous Owner Dongo Jaime J $374,500
Previous Owner Rivas Javier $528,000
Previous Owner Reinke Charles $185,000
Previous Owner Reinke Charles $179,925
Previous Owner Salek Sohrab $128,000
Closed Rivas Javier $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2015 11/06/15 Sold $670,000 -21.2% $416 / Sq Ft
10/08/2015 10/08/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $850,000 -- $527 / Sq Ft
Source: The MLS

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 $8,798 $793,137 $556,381 $236,756
2024 $8,798 $777,586 $545,472 $232,114
2023 $8,705 $762,340 $534,777 $227,563
2022 $8,311 $747,393 $524,292 $223,101
2021 $8,278 $732,739 $514,012 $218,727
2019 $7,944 $711,008 $498,767 $212,241
2018 $7,843 $697,068 $488,988 $208,080
2016 $7,449 $670,000 $470,000 $200,000
2015 $6,358 $573,240 $321,443 $251,797
2014 $6,354 $562,012 $315,147 $246,865
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Charles Lazar

    AOA Commercial Brokerage

    (818) 235-1127

    10 Total Sales

    Section Image

  • E

    Seller Co-Listing Agent in 2015

    Elvin Apelian

See All Agents

Map

Source: The MLS

MLS Number: 15-903675

The MLS

APN: 2437-021-003

California Los Angeles County Burbank 91505 Northwest District

1740 N Hollywood Way, Burbank, CA

This home is located at 1740 N Hollywood Way, Burbank, CA 91505 since 08 May 2015 and is currently estimated at $1,194,904, approximately $741 per square foot. This property was built in 1953. 1740 N Hollywood Way is a home located in Los Angeles County with nearby schools including Bret Harte Elementary School, Luther Burbank Middle School, and John Burroughs High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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