NOT LISTED FOR SALE

2008 N Ontario St Burbank, CA 91505

Northwest District Neighborhood

Estimated Value: $1,094,000 - $1,485,017

6 Beds
3 Baths
2,325 Sq Ft
$567/Sq Ft Est. Value

Sale Details

Date Sold: August 31, 2016

Last sale price $900,000 $387 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $8,178 / mo

19 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Front Yard
  • Providencia Elementary School Rated A-
  • Paved or Partially Paved Lot

About This Home

As of August 2016

Listing agent has not had access to the interior of the units as of this posting. The financial and other information provided was taken from discussions with the out of area owners who have a property manager. It is subject to verification and modification upon the receipt of income and expenses from the property manager and access to the property. DO NOT GO ON THE PROPERTY - DRIVE BY ONLY. Tenants are not aware of the sale. Physical inspections will be subject to receipt of an acceptable offer. All offers to be emailed to listing agent with current plans to review them the week of July 18-22.

Last Agent to Sell the Property

Thomas Masterani

EMPOWER Real Estate License #00716502 Listed on: 07/08/2016

Last Buyer's Agent

Michael Shaar

License #01126958

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 6,159 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Paved or Partially Paved Lot
  • Front Yard

Parking

  • 3 Car Garage

Home Design

  • 2,325 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Tax Lot 2
  • Tax Tract Number 15399
  • Assessor Parcel Number 2463011002

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,200
  • Trash Expense $600
  • New Taxes Expense $10,188
  • Gross Income $3,975
  • Net Operating Income $35,775

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

6,159 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • View: No
  • Zoning: BUR4
  • Property Type: Residential Income
  • Parcel Number: 2463011002
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 387.10

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Paved, Near Public Transit
  • Lot Size Sq Ft: 6159.00
  • Price Per Lot Square Foot: 146.13

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 3975.00
  • Gross Scheduled Income: 47700.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 35775.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 11988.00
  • Operating Expense Percent: 25.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 10188.00
  • Tax Lot: 2
  • Tax Tract Number: 15399

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

Closed on
Jul 29, 2019
Sold by
Bought by
Current Estimated Value
$1,318,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$638,400
Interest Rate
0.0355%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 8, 2016
Closed on
Aug 17, 2016
Sold by
Bought by
Seller's Agent
Thomas Masterani
EMPOWER Real Estate
Buyer's Agent
Michael Shaar
List Price
$849,000
Sold Price
$900,000
Premium/Discount to List
$51,000
6.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.92%
Original Mortgage
$630,000
Interest Rate
0.0325%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 22, 2010
Sold by
Bought by

Purchase Details

Closed on
May 19, 2005
Sold by
Bought by

Purchase Details

Closed on
Nov 11, 1993
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
-- Fidelity National Title
$900,000 Fntg
-- None Available
-- --
-- --
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
Open $638,400
Closed $630,000
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
08/31/2016 08/31/16 Sold $900,000 +6.0% $387 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
07/08/2016 07/08/16 For Sale $849,000 -- $365 / 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 $11,952 $1,044,524 $580,292 $464,232
2024 $11,589 $1,024,044 $568,914 $455,130
2023 $11,467 $1,003,965 $557,759 $446,206
2022 $10,950 $984,280 $546,823 $437,457
2021 $10,905 $964,981 $536,101 $428,880
2019 $10,465 $936,360 $520,200 $416,160
2018 $10,322 $918,000 $510,000 $408,000
2016 $1,077 $82,382 $30,628 $51,754
2015 $1,058 $81,145 $30,168 $50,977
2014 $1,078 $79,557 $29,578 $49,979
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Thomas Masterani

    RE/MAX

    (818) 843-7100

    19 Total Sales

    Thomas Masterani
    Section Image

  • M

    Buyer's Agent in 2016

    Michael Shaar

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB16148674

California Regional Multiple Listing Service (CRMLS)

APN: 2463-011-002

California Los Angeles County Burbank 91505 Northwest District

2008 N Ontario St, 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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