
Seller's Agent in 2022
David Moyers
RE/MAX
(310) 344-9050
1 in this area
9 Total Sales
Estimated Value: $1,368,000 - $1,865,000
The property is located in a prime area of Burbank with convenient access to freeways, entertainment, shopping & employers in the entertainment district.
The improvements consist of a two-story building and a one-story building on a 5,812 square foot parcel. The property is well maintained and in good condition. Building one is 1,064 square feet and has two 1 bedroom units. Building two is 1,518 square feet and has two 2 bedroom units.
There is significant upside in rental income on all units are the rents are below market. AB 1482 allows rent increases of 5% + CPI annually. Proforma rents are projected 8.6% above current.
Last Agent to Sell the Property
Estate Properties License #00452112 Listed on: 02/28/2022
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Plata-Renteria Maricela | -- | None Listed On Document | |
Vasquez Luis Javier | $1,506,000 | None Listed On Document | |
Larson Shawna Susan | -- | None Available | |
Walker Susan M | -- | None Available | |
Walker Richard A | -- | Accommodation | |
Walker Richard A | -- | Fidelity National Title Co | |
Walker Richard A | -- | -- | |
Walker Richard A | -- | Fidelity National Title Co |
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Vasquez Luis Javier | $1,050,000 | |
Previous Owner | Vasquez Luis Javier | $1,050,000 | |
Previous Owner | Walker Richard A | $229,000 | |
Previous Owner | Walker Richard A | $241,000 |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/13/2022 04/13/22 | Sold | $1,506,000 | +3.9% | $583 / Sq Ft |
02/28/2022 02/28/22 | For Sale | $1,450,000 | -- | $562 / Sq Ft |
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 | $17,412 | $1,582,510 | $898,905 | $683,605 |
2024 | $17,412 | $1,551,481 | $881,280 | $670,201 |
2023 | $17,227 | $1,521,060 | $864,000 | $657,060 |
2022 | $14,446 | $1,305,600 | $785,400 | $520,200 |
2021 | $4,056 | $337,453 | $321,794 | $15,659 |
2020 | $4,011 | $333,994 | $318,495 | $15,499 |
2019 | $3,899 | $327,446 | $312,250 | $15,196 |
2018 | $3,775 | $321,027 | $306,128 | $14,899 |
2016 | $3,564 | $308,563 | $294,242 | $14,321 |
2015 | $3,495 | $303,929 | $289,823 | $14,106 |
2014 | $3,510 | $297,976 | $284,146 | $13,830 |
Seller's Agent in 2022
David Moyers
RE/MAX
(310) 344-9050
1 in this area
9 Total Sales
Seller Co-Listing Agent in 2022
Stephen Lampe
RE/MAX
(310) 802-2500
1 in this area
44 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PV22037684
APN: 2438-018-026