NOT LISTED FOR SALE

Estimated Value: $1,745,000 - $2,018,233

7 Beds
4 Baths
3,094 Sq Ft
$608/Sq Ft Est. Value

Last Sold August 28, 2015

Last sale price $1,025,000 $331 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $11,148/month

62 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Thomas Edison Elementary School Rated A
  • Laundry Room

About This Home

As of August 2015

BACK ON THE MARKET, SOLD FIRST TIME WITH MULTIPLE OFFERS. Great opportunity to own an investment property in Burbank AKA THE MEDIA CAPITAL OF THE WORLD and home to Disney Studio, Warner Brothers, Nickelodeon and many other studios and production companies. Within few minutes of Universal Studios and Hollywood. Walking distance to Costco and close to many shops, movie theatres and restaurants. High ranked schools. Close to all kinds of transportations, Amtrak and Metrolink rail station, Bob Hope Airport, bus stops and easy access to the 5 and 134 freeways.
The property has been well maintained by the existing owner of approximately 35 years. Property consists of 2 buildings. 2104 A&B each are 2 BR., 1 BA. 2106 A, smaller 1 BR., 1 BA. 2106 B Large 2 BR. Den and 1 BA. Rents are low as some tenants have been there for more than 15 years. NO RENT CONTROL. Owner prefers to sell with 2110-2112 Victory Blvd.

Last Agent to Sell the Property

Freida Sanei

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate License #00801572 Listed on: 06/11/2015

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate

Last Buyer's Agent

Oscar Aguilar

Real Brokerage Technologies License #00885233

Real Brokerage Technologies

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,473

Year Built

  • Built in 1948

Lot Details

  • 5,813 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 3,094 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 148
  • Tax Tract Number 7451
  • Assessor Parcel Number 2438018027

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $900
  • Gardener Expense $440
  • Insurance Expense $1,700
  • Pest Control $450
  • Professional Management Expense $5,534
  • Trash Expense $443
  • Water Sewer Expense $1,077
  • New Taxes Expense $13,125
  • Gross Income $125
  • Net Operating Income $22,367

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,473

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 818-504-0506
  • Professional Management Expense: 5534.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1077.00
  • Property Type: Residential Income
  • Gardener Expense: 440.00
  • Parcel Number: 2438018027
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 331.29

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Community
  • Pest Control Expense: 450.00
  • Trash Expense: 443.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5813.00
  • Price Per Lot Square Foot: 176.33
  • Lot Size Acres: 0.1330

Multi Family

  • Electric Expense: 900.00
  • Gross Income: 125.00
  • Gross Scheduled Income: 46680.00
  • Insurance Expense: 1700.00
  • Lot Size Area: 5813.0000 Square Feet
  • Net Operating Income: 22367.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 24313.00
  • Rent Control: No
  • Total Actual Rent: 3890.00

Tax Info

  • New Taxes Expense: 13125.00
  • Tax Lot: 148
  • Tax Tract Number: 7451
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2015
Closed on
Jul 28, 2015
Sold by
Walker Susan M and Susan M Walker 2014 Revocable
Bought by
Vasquez Luis and Renteria Maricela
Seller's Agent
Freida Sanei
BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate
Buyer's Agent
Oscar Aguilar
Real Brokerage Technologies
List Price
$1,049,000
Sold Price
$1,025,000
Premium/Discount to List
-$24,000
-2.29%
Current Estimated Value
$1,881,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$856,617
Avg. Annual Appreciation
6.20%
Original Mortgage
$725,000
Outstanding Balance
$572,147
Interest Rate
4.05%
Mortgage Type
Commercial
Estimated Equity
$1,303,716

Purchase Details

Closed on
Jul 9, 2014
Sold by
Walker Susan M and Walker Family Trust
Bought by
Walker Susan M and The Susan M Walker 2014 Revoca

Purchase Details

Closed on
Oct 8, 2010
Sold by
Walker Richard A and Walker Susan M
Bought by
Walker Richard A and Walker Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
4.26%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 10, 2005
Sold by
Walker Richard A and Walker Susan M
Bought by
Walker Richard A and Walker Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,000
Interest Rate
5.56%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Vasquez Luis $1,025,000 Fidelity National Title
Walker Susan M -- None Available
Walker Richard A -- Accommodation
Walker Richard A -- Fidelity National Title Co
Walker Richard A -- Fidelity National Title Co
Walker Richard A -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasquez Luis $725,000
Previous Owner Walker Richard A $229,000
Previous Owner Walker Richard A $241,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2015 08/28/15 Sold $1,025,000 -2.3% $331 / Sq Ft
07/21/2015 07/21/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $1,049,000 -- $339 / 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 $13,473 $1,213,384 $728,031 $485,353
2024 $13,473 $1,189,593 $713,756 $475,837
2023 $13,331 $1,166,268 $699,761 $466,507
2022 $12,730 $1,143,401 $686,041 $457,360
2021 $12,675 $1,120,983 $672,590 $448,393
2019 $12,165 $1,087,737 $652,642 $435,095
2018 $12,015 $1,066,410 $639,846 $426,564
2016 $11,713 $1,025,000 $615,000 $410,000
2015 $3,933 $313,352 $298,885 $14,467
2014 $3,956 $307,215 $293,031 $14,184
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB15109808

California Regional Multiple Listing Service (CRMLS)

APN: 2438-018-027