NOT LISTED FOR SALE

1827 Grismer Ave Burbank, CA 91504

Hillside District Neighborhood

Estimated Value: $1,026,000 - $1,547,539

4 Beds
4 Baths
2,352 Sq Ft
$571/Sq Ft Est. Value

Sale Details

Date Sold: June 12, 2015

Last sale price $860,000 $366 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $8,308 / mo

65 Days on Market

Highlights

  • No Units Above
  • Private Yard
  • 4 Car Garage
  • George Washington Elementary Rated A-
  • Cooling System Mounted To A Wall/Window
  • 1-minute walk to Earthwalk Park

About This Home

As of June 2015

Four unit building located in a highly desirable area of Burbank. All units are 1+1. Separate garage building w/1-car per unit.

Last Agent to Sell the Property

Edward Dolce

Rodeo Realty License #01232430 Listed on: 02/23/2015

Rodeo Realty

Last Buyer's Agent

Joyce Starleaf

Equity Union License #00782682

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 7,074 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Private Yard

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • 2,352 Sq Ft Home
  • Property Attached
  • Wood Siding
  • Stucco

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

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

Additional Features

  • Laundry in unit
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 15
  • Tax Tract Number 7683
  • Assessor Parcel Number 2468013019

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $3,000
  • Trash Expense $310
  • Water Sewer Expense $40
  • Gross Income $4,054
  • Net Operating Income $42,911

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

7,074 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 40.00
  • Zoning: BUR4
  • Property Type: Residential Income
  • Parcel Number: 2468013019
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Carpet, Vinyl
  • Levels: One

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Radiant
  • Trash Expense: 310.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Street Lights

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 7074.00
  • Price Per Lot Square Foot: 121.57
  • Lot Size Acres: 0.1620

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 4054.00
  • Gross Scheduled Income: 48645.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 7074.0000 Square Feet
  • Net Operating Income: 42911.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 5734.00
  • Rent Control: No

Tax Info

  • Tax Lot: 15
  • Tax Tract Number: 7683
  • Tax Year: 2014

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2015
Closed on
Apr 30, 2015
Sold by
Bought by
Seller's Agent
Edward Dolce
Rodeo Realty
Buyer's Agent
Joyce Starleaf
Equity Union
List Price
$899,000
Sold Price
$860,000
Premium/Discount to List
-$39,000
-4.34%
Current Estimated Value
$1,343,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$483,385
Avg. Annual Appreciation
4.09%
Original Mortgage
$645,000
Interest Rate
0.0364%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2013
Sold by
Bought by

Purchase Details

Closed on
Apr 26, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
0.0635%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
0.0635%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2004
Sold by
Bought by

Purchase Details

Closed on
Jun 20, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
0.0686%

Purchase Details

Closed on
Feb 2, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$860,000 Progressive Title
-- Accommodation
-- None Available
-- Accommodation
-- Commonwealth Land Title Co
-- Stewart Title Company
-- --
-- Gateway Title Company
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $645,000
Previous Owner $480,000
Previous Owner $260,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/12/2015 06/12/15 Sold $860,000 -4.3% $366 / Sq Ft
04/29/2015 04/29/15 Pending -- -- --
02/23/2015 02/23/15 For Sale $899,000 -- $382 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,860 $1,033,583 $624,958 $408,625
2024 $11,484 $1,013,317 $612,704 $400,613
2023 $11,363 $993,449 $600,691 $392,758
2022 $10,851 $973,970 $588,913 $385,057
2021 $10,806 $954,873 $577,366 $377,507
2019 $10,371 $926,553 $560,242 $366,311
2018 $10,236 $908,386 $549,257 $359,129
2016 $9,720 $873,115 $527,930 $345,185
2015 $1,070 $80,324 $31,392 $48,932
2014 $1,097 $78,752 $30,778 $47,974
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2015

    Edward Dolce

    Rodeo Realty

    (818) 326-3623

    25 Total Sales

    Edward Dolce
    Section Image
  • Joyce Starleaf

    Buyer's Agent in 2015

    Joyce Starleaf

    Equity Union

    (818) 612-0514

    10 in this area

    70 Total Sales

    Joyce Starleaf
    Section Image
  • Alison Tideback

    Buyer Co-Listing Agent in 2015

    Alison Tideback

    Equity Union

    (818) 426-4833

    8 in this area

    55 Total Sales

    Alison Tideback
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15039334

California Regional Multiple Listing Service (CRMLS)

APN: 2468-013-019

California Los Angeles County Burbank 91504 Hillside District

1827 Grismer Ave, Burbank, CA

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

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