NOT LISTED FOR SALE

Estimated Value: $1,130,000 - $1,414,000

3 Beds
3 Baths
1,518 Sq Ft
$818/Sq Ft Est. Value

Last Sold December 22, 2017

Last sale price $850,000 $560 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $7,373/month

370 Days on Market

Highlights

  • Corner Lot
  • Private Yard
  • Cooling System Mounted To A Wall/Window
  • R. L. Stevenson Elementary School Rated A
  • No HOA
  • Tile Countertops

About This Home

As of December 2017

200 N Lima St is an adorable triplex located directly across the street from the brand new “Talaria” Burbank Development! Along with the 241 eco-friendly luxury apartments being built, “Talaria” will be home to a brand new Whole Foods Market! These charming cottage-like units are not only neighbor to Burbank’s hottest new development project, they are also just across the way from The Burbank Studios, iHeart Radio, Warner Music Group, Warner Brothers Studios, and WeWork Burbank (the hippest startup office space in LA). Talk about a secure investment.

This is an extraordinary opportunity to purchase the most incredibly located triplex in all of Burbank for a small price of $799,000.

These three side-by-side units all have 1 bedroom and 1 bathroom, and are currently occupied - but thanks to the lack of rent control in Burbank, there is significant upside that can be taken advantage of right off the bat. The building features 3 driveway parking spaces and a small dog run/patio in the rear.

Act fast. This will be gone in DAYS!

Last Agent to Sell the Property

Elizabeth Maddox

Myunits.com Inc. License #01921425 Listed on: 11/14/2017

Co-Listed By

Ian Maddox

Myunits.com Inc. License #02030205

Last Buyer's Agent

Elizabeth Maddox

Myunits.com Inc. License #01921425 Listed on: 11/14/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 3,612 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot
  • Private Yard
  • Front Yard

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 1,518 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces
  • Parking Available
  • Driveway

Additional Features

  • Exterior Lighting
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 110
  • Tax Tract Number 10134
  • Assessor Parcel Number 2483018400

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $750
  • Maintenance Expense $750
  • Water Sewer Expense $450
  • New Taxes Expense $8,784
  • Operating Expense $11,461
  • Gross Income $1,950
  • Net Operating Income $11,705

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 450.00
  • Zoning: BUR4*
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 2483018400
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Tile Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 559.95

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Yard
  • Lot Size Sq Ft: 3612.00
  • Lot Size Acres: 0.0829

Multi Family

  • Average1 Bed Area: 506 Square Feet
  • Gross Income: 1950.00
  • Gross Operating Income: 23166.00
  • Gross Scheduled Income: 23400.00
  • Insurance Expense: 750.00
  • Lot Size Area: 3612.0000 Square Feet
  • Maintenance Expense: 750.00
  • Net Operating Income: 11705.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 11461.00
  • Rent Control: No
  • Total Expenses: 11461.00
  • Vacancy Allowance Rate: 1.00

Tax Info

  • New Taxes Expense: 8784.00
  • Tax Census Tract: 3116.00
  • Tax Lot: 110
  • Tax Tract Number: 10134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2018
Sold by
Insalaco Ronald
Bought by
Insalaco Ronald and Insalaco Kellie
Current Estimated Value
$1,241,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Outstanding Balance
$471,698
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$770,104

Purchase Details

Closed on
Feb 27, 2018
Sold by
Insalaco Ronald and Insalaco Kellie
Bought by
Insalaco Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Outstanding Balance
$471,698
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$770,104

Purchase Details

Listed on
Nov 14, 2017
Closed on
Nov 20, 2017
Sold by
Reiss Mary Ann and Herbert M Brunwin Living Trust
Bought by
Insalaco Ronald and Insalaco Kellie
Seller's Agent
Elizabeth Maddox
Myunits.com Inc.
Buyer's Agent
Elizabeth Maddox
Myunits.com Inc.
List Price
$799,000
Sold Price
$850,000
Premium/Discount to List
$51,000
6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.83%
Original Mortgage
$552,500
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 30, 2002
Sold by
Brunwin Herbert M
Bought by
Brunwin Herbert M and The Herbert M Brunwin Living T

Purchase Details

Closed on
Jan 10, 2002
Sold by
Brunwin Herbert M and Reiss Mary Ann
Bought by
Brunwin Herbert M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Insalaco Ronald -- First American Title Company
Insalaco Ronald -- First American Title Company
Insalaco Ronald -- First American Title Company
Insalaco Ronald $850,000 Provident Title Company
Brunwin Herbert M -- --
Brunwin Herbert M -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Insalaco Ronald $555,000
Closed Insalaco Ronald $552,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2017 12/22/17 Sold $850,000 +6.4% $560 / Sq Ft
11/19/2017 11/19/17 Pending -- -- --
11/14/2016 11/14/16 For Sale $799,000 -- $526 / 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 $10,637 $967,151 $568,913 $398,238
2024 $10,637 $948,188 $557,758 $390,430
2023 $10,523 $929,597 $546,822 $382,775
2022 $10,045 $911,370 $536,100 $375,270
2021 $10,008 $893,501 $525,589 $367,912
2019 $9,602 $867,000 $510,000 $357,000
2018 $9,509 $850,000 $500,000 $350,000
2017 $938 $78,654 $23,382 $55,272
2016 $892 $77,113 $22,924 $54,189
2015 $875 $75,956 $22,580 $53,376
2014 $892 $74,469 $22,138 $52,331
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB17277092

California Regional Multiple Listing Service (CRMLS)

APN: 2483-018-400