NOT LISTED FOR SALE

Estimated Value: $1,568,000 - $2,219,000

8 Beds
4 Baths
3,136 Sq Ft
$585/Sq Ft Est. Value

Last Sold October 19, 2012

Last sale price $735,000 $234 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $10,466/month

91 Days on Market

About This Home

As of October 2012

Best DOLLAR-FOR-DOLLAR Four-Plex in all of Burbank. If you're looking for investment property in Burbank look no further! This property is by far the BEST BANG FOR YOUR BUCK of currently listed properties in Burbank. Plus there is a lot of room to make improvements and increase rents which would add additional value to the property. The property has four units, all units are 2BD+1BA, separately metered for gas & electric, separate water heaters, Wall / Floor heaters, 2 parking spaces/units, easy to maintain, newer stucco and other upgrades. Summary: upside in rents, No rent control, appears to have room for common area laundry, value added opportunity, Burbank Cachet, BEST DOLLAR-FOR-DOLLAR INVESTMENT IN BURBANK = SUPERIOR INVESTMENT!!

Last Agent to Sell the Property

Diona Miller

1st Priority One Realty License #01899288 Listed on: 04/12/2012

Last Buyer's Agent

Silvia Ragheb

License #01319114

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,145

Year Built

  • Built in 1944

Lot Details

  • 6,874 Sq Ft Lot

Parking

  • 8 Parking Spaces

Interior Spaces

  • 3,136 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Disposal

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 2468-008-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,145

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3136
  • Stories: 2
  • Year Built: 1944
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Equipment: Garbage Disposal, Range/Oven
  • Price Per S Q F T: 263.07

Exterior Features

  • Pool: No

Garage/Parking

  • Total Parking: 8

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 293677
  • Assessed Land Value: 240907
  • Assessor Parcel Number: 2468-008-010
  • Lot Size Area: 6874

Rental Info

  • Owner Pays: Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: Residential
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2024
Sold by
Tadros Fawzy and Tadros Marianne
Bought by
Nice 3Mft Llc
Current Estimated Value
$1,834,579

Purchase Details

Listed on
Apr 12, 2012
Closed on
Aug 22, 2012
Sold by
Tadros Marianne
Bought by
Tadros Fawzy
Seller's Agent
Diona Miller
1st Priority One Realty
Buyer's Agent
Silvia Ragheb
List Price
$825,000
Sold Price
$735,000
Premium/Discount to List
-$90,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%

Purchase Details

Closed on
May 30, 2012
Sold by
Perez Victoriano and Perez Ignacia
Bought by
Tadros Fawzy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$514,500
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2001
Sold by
Jimenez Jose A and Jimenez Maria
Bought by
Perez Victoriano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,800
Interest Rate
7.17%

Purchase Details

Closed on
Oct 30, 1998
Sold by
And Maria Jimenez Trust Jimenez Jose A And Ma
Bought by
Jimenez Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,700
Interest Rate
6.61%

Purchase Details

Closed on
Oct 20, 1994
Sold by
Jimenez Jose A and Jimenez Maria
Bought by
Jimenez Jose Angel
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
Nice 3Mft Llc -- None Listed On Document
Tadros Fawzy -- None Listed On Document
Tadros Fawzy -- Accommodation
Tadros Fawzy $735,000 Stewart Title Of California
Perez Victoriano $466,000 Fidelity National Title Co
Jimenez Jose A -- Fidelity National Title Co
Jimenez Jose Angel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tadros Fawzy $514,500
Previous Owner Perez Victoriano $372,800
Previous Owner Jimenez Jose A $249,700
Closed Perez Victoriano $46,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2012 10/19/12 Sold $735,000 -10.9% $234 / Sq Ft
07/12/2012 07/12/12 Pending -- -- --
04/12/2012 04/12/12 For Sale $825,000 -- $263 / 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 $10,145 $1,271,940 $839,460 $432,480
2024 $10,145 $887,341 $784,729 $102,612
2023 $10,039 $869,943 $769,343 $100,600
2022 $9,589 $852,886 $754,258 $98,628
2021 $9,541 $836,164 $739,469 $96,695
2019 $9,159 $811,365 $717,537 $93,828
2018 $9,038 $795,457 $703,468 $91,989
2016 $8,569 $764,570 $676,152 $88,418
2015 $8,397 $753,086 $665,996 $87,090
2014 $8,393 $738,336 $652,951 $85,385
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-594051

The MLS

APN: 2468-008-010