NOT LISTED FOR SALE

Estimated Value: $1,492,000 - $1,919,000

5 Beds
4 Baths
2,936 Sq Ft
$590/Sq Ft Est. Value

Last Sold July 27, 2020

Last sale price $1,282,000 $437 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $10,318/month

15 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Stacked Washer and Dryer
  • George Washington Elementary Rated A-
  • Central Heating
  • 2-minute walk to Robert E Lundigan Park

About This Home

As of July 2020

Wonderful Burbank triplex offers a 3 bedroom / 2 bath house with direct access 2 car garage at the front of the property and a duplex with 2 - 2 bedroom / 1.5 bath units towards the back. Updates include newer roofs, recently installed dual pane windows, updated electrical panels, newer hvac systems, and much more. If you are looking for a cash flow investment or a place to live and collect rent, you need to look at this property.

Last Agent to Sell the Property

Richard Buckisch

Exp Realty of California Inc. License #01756276 Listed on: 06/04/2020

Exp Realty of California  Inc.

Last Buyer's Agent

Analia Bortolo

Keller Williams Realty Santa Monica License #01502352

Keller Williams Realty Santa Monica

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 6,356 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 4 Carport Spaces

Home Design

  • Property Attached

Interior Spaces

  • 2,936 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Additional Features

  • Exterior Lighting
  • Central Heating

Listing and Financial Details

  • Tax Lot 75
  • Tax Tract Number 4615
  • Assessor Parcel Number 2466015014

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $720
  • New Taxes Expense $14,625
  • Operating Expense $16,545
  • Gross Income $7,000
  • Net Operating Income $75,330

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 720.00
  • Zoning: BUR3*
  • Property Type: Residential Income
  • Parcel Number: 2466015014
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Fireplace Features: Living Room
  • Price Per Square Foot: 436.65

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Stackable
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6356.00
  • Lot Size Acres: 0.1459

Multi Family

  • Gross Income: 7000.00
  • Gross Scheduled Income: 84000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6356.0000 Square Feet
  • Net Operating Income: 75330.00
  • 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: 8670.00
  • Rent Control: No
  • Total Expenses: 16545.00

Tax Info

  • New Taxes Expense: 14625.00
  • Tax Census Tract: 3105.01
  • Tax Lot: 75
  • Tax Tract Number: 4615

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Jul 13, 2020
Sold by
Equity Trust Company Custodian
Bought by
Santana Roberto and Santana Paola Vanessa
Seller's Agent
Richard Buckisch
Exp Realty of California Inc.
Buyer's Agent
Analia Bortolo
Keller Williams Realty Santa Monica
List Price
$1,300,000
Sold Price
$1,282,000
Premium/Discount to List
-$18,000
-1.38%
Current Estimated Value
$1,731,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$449,484
Avg. Annual Appreciation
5.68%
Original Mortgage
$1,025,600
Outstanding Balance
$911,122
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$820,362

Purchase Details

Listed on
Jul 30, 2013
Closed on
Aug 8, 2013
Sold by
Lewis R Scott and West Denise M
Bought by
Equity Trust Company and Vincent O Connor Ira
Seller's Agent
Denise West
Alta Realty Company, Inc.
Buyer's Agent
Richard Buckisch
Exp Realty of California Inc.
List Price
$549,900
Sold Price
$590,000
Premium/Discount to List
$40,100
7.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.92%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Santana Roberto $1,282,000 Fatco
Equity Trust Company $590,000 Fatcola
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santana Roberto $1,025,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2020 07/27/20 Sold $1,282,000 -1.4% $437 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $1,300,000 +120.3% $443 / Sq Ft
09/06/2013 09/06/13 Sold $590,000 +7.3% $201 / Sq Ft View Prior Sale
08/08/2013 08/08/13 Pending -- -- --
07/30/2013 07/30/13 For Sale $549,900 -- $187 / 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 $15,272 $1,387,675 $757,701 $629,974
2024 $15,272 $1,360,467 $742,845 $617,622
2023 $15,109 $1,333,792 $728,280 $605,512
2022 $14,425 $1,307,640 $714,000 $593,640
2021 $14,365 $1,282,000 $700,000 $582,000
2020 $7,627 $662,623 $392,311 $270,312
2019 $7,406 $649,657 $384,619 $265,038
2018 $7,267 $636,945 $377,078 $259,867
2016 $6,885 $610,965 $362,437 $248,528
2015 $6,748 $601,788 $356,993 $244,795
2014 $6,744 $590,000 $350,000 $240,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB20107252

California Regional Multiple Listing Service (CRMLS)

APN: 2466-015-014