NOT LISTED FOR SALE

Estimated Value: $1,277,000 - $1,752,000

5 Beds
2 Baths
2,082 Sq Ft
$702/Sq Ft Est. Value

Last Sold April 26, 2021

Last sale price $940,000 $451 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $8,755/month

18 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Living Room
  • Wall Furnace
  • George Washington Elementary Rated A-
  • Laundry Room

About This Home

As of April 2021

Looking for property in Burbank!!! Great opportunity to own 2 houses on one lot. Each house has its own address. One house located: 1957 Parish Place: 3 Bedrooms 1 Bath, large living room with beautiful paint and moldings, nice size kitchen, updated bathroom, laundry area, private large yard with fence. One house located: 2204 Peyton Ave.: 2 Bedrooms 1 Bath, good size kitchen with laundry area, nice size bedrooms, private yard with fence.
One water meter, separate gas and electric meter for each house. Great potential to live in one and rent the other.

Last Agent to Sell the Property

Judy Stevens

Equity Union License #00980668 Listed on: 01/25/2021

Equity Union

Co-Listed By

Steve Stevens

Equity Union License #00980669

Last Buyer's Agent

Judy Stevens

Equity Union License #00980668 Listed on: 01/25/2021

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 7,652 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex

Interior Spaces

  • 2,082 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 6
  • Tax Tract Number 10883
  • Assessor Parcel Number 2468022005

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $540
  • Insurance Expense $1,083
  • Maintenance Expense $1,800
  • Water Sewer Expense $4,209
  • New Taxes Expense $12,625
  • Operating Expense $20,257
  • Gross Income $43,680
  • Net Operating Income $23,423

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 4209.00
  • Zoning: BUR3*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 540.00
  • Parcel Number: 2468022005
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 451.49
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7652.00
  • Lot Size Acres: 0.1757

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 43680.00
  • Gross Scheduled Income: 43680.00
  • Insurance Expense: 1083.00
  • Lot Size Area: 7652.0000 Square Feet
  • Maintenance Expense: 1800.00
  • Net Operating Income: 23423.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 20257.00
  • Rent Control: No
  • Total Actual Rent: 3640.00
  • Total Expenses: 20257.00

Tax Info

  • New Taxes Expense: 12625.00
  • Tax Census Tract: 3106.01
  • Tax Lot: 6
  • Tax Tract Number: 10883

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2023
Sold by
Hajibekyan Hovsep J and Hajibekyan Elizabeth
Bought by
Hajibekyan Family Trust and Hajibekyan
Current Estimated Value
$1,461,820

Purchase Details

Closed on
Dec 17, 2012
Sold by
Nguyen Son and Hua Van T
Bought by
Nguyen Son and Hua Van T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2011
Sold by
Nguyen Son and Hua Van T
Bought by
Nguyen Son and Hua Van T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
4.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2006
Sold by
Hua Van T
Bought by
Nguyen Son

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 8, 2005
Sold by
Rodriguez Nuria and Rodriguez Rogelio
Bought by
First Security Exchange Corp

Purchase Details

Closed on
Sep 29, 2003
Sold by
Rodriguez Nuria and Rodriguez Rogelio
Bought by
Rodriguez Nuria and Rodriguez Rogelio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,500
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2002
Sold by
Rodriguez Nuria
Bought by
Rodriguez Nuria and Rodriguez Rogelio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Interest Rate
6.16%

Purchase Details

Closed on
Sep 28, 2000
Sold by
Battig Jannett
Bought by
Rodriguez Nuria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
8.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hajibekyan Family Trust -- None Listed On Document
Nguyen Son -- Cal Counties Title Nation
Nguyen Son -- Calcounties Title Nation
Nguyen Son -- Alliance Title Company
Hua Van T -- Alliance Title Company
Nguyen Son $756,000 Alliance Title
First Security Exchange Corp $849,000 --
Rodriguez Nuria -- Old Republic Title Company
Rodriguez Nuria -- Old Republic Title Company
Rodriguez Nuria -- --
Rodriguez Nuria -- Fidelity Title
Rodriguez Nuria $235,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nguyen Son $390,000
Previous Owner Nguyen Son $395,000
Previous Owner Nguyen Son $413,000
Previous Owner Rodriguez Nuria $327,500
Previous Owner Rodriguez Nuria $311,250
Previous Owner Rodriguez Nuria $164,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2021 04/26/21 Sold $940,000 -6.9% $451 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $1,010,000 -- $485 / 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 $13,148 $1,146,494 $606,161 $540,333
2024 $12,682 $1,124,015 $594,276 $529,739
2023 $11,131 $977,976 $582,624 $395,352
2022 $10,627 $958,800 $571,200 $387,600
2021 $10,743 $954,446 $828,204 $126,242
2020 $10,624 $944,660 $819,712 $124,948
2019 $9,808 $880,000 $616,000 $264,000
2018 $9,870 $880,000 $616,000 $264,000
2016 $8,545 $770,000 $539,000 $231,000
2015 $7,955 $720,000 $504,000 $216,000
2014 $7,103 $630,000 $441,000 $189,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD21016532

California Regional Multiple Listing Service (CRMLS)

APN: 2468-022-005