Dennis Chernov
Equity Union
(626) 657-2705
470 Total Sales
2 in Rancho Adjacent
$1,500,000 Price Range
225 W Valencia Ave Burbank, CA 91502
Rancho Adjacent Neighborhood
12
Beds
8
Baths
6,634
Sq Ft
0.33
Acre Lot
Highlights
- 0.33 Acre Lot
- Wood Flooring
- Heating System Uses Natural Gas
- Hutchens Elementary School Rated 10
- Laundry Room
About This Home
As of December 2019Actual address is 225 - 227 E. Valencia. NON-RENT CONTROL. Proforma can achieve 5.65 Cap. Property consist of Two Buildings on Two separate Lots. 5 Units per building - Garden style. Each building consist of (3) 1 bedroom +1 bath on ground level and (2) 2 bedroom +1 bath in back. Twin buildings with lush greenery and white wrought iron railings. (4) 1 car garages in rear, 2 open parking spots inside and plenty of street parking. Separate Laundry on premises with 1 washer and 1 dryer - coin operated and good size owner storage shed. Close to shopping, IKEA, transportation, Restaurants, Burbank mall, Hospital.
Rents are well under market - long term tenants - good upside potential in non-rent control Burbank.
Buildings are to be sold together.
Last Agent to Sell the Property
Don Ivone
California R.E.Services License #00949237 Listed on: 08/05/2019
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Lot Details
- 14,493 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 2 Open Parking Spaces
- 4 Car Garage
- Parking Available
- Assigned Parking
Home Design
- 6,634 Sq Ft Home
- Property Attached
Flooring
- Wood
- Carpet
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 12 Bedrooms
- 8 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Wall Furnace
- Sewer Paid
Additional Features
- Laundry Room
- Exterior Lighting
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 15
- Tax Tract Number 9207
Community Details
Overview
- 2 Buildings
- 10 Units
Amenities
- Laundry Facilities
Building Details
- 10 Leased Units
- 12 Separate Electric Meters
- 11 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,070
- Gardener Expense $1,440
- Insurance Expense $5,000
- Trash Expense $930
- Water Sewer Expense $1,350
- New Taxes Expense $37,500
- Operating Expense $47,390
- Gross Income $169,320
- Net Operating Income $121,930
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Rancho Adjacent, CA
-
Dennis Chernov
-
Jesse Hlubik
Jesse Hlubik
Berkshire Hathaway HomeServices California Properties
(747) 998-0867
32 Total Sales
2 in Rancho Adjacent
$1.1M - $1.3M Price Range
-
Rose Linda Gonzales
Rose Linda Gonzales
Engel & Völkers La Canada
(818) 412-7683
10 Total Sales
1 in Rancho Adjacent
$1,489,000 Price
-
Michael Mucino
Michael Mucino
CAMDEN MCKAY REALTY
(909) 341-1278
129 Total Sales
1 in Rancho Adjacent
$1,200,000 Price
-
Julian Munoz
Julian Munoz
EMPOWER Real Estate
(747) 271-5125
14 Total Sales
1 in Rancho Adjacent
$850,000 Price
-
Brent Ballard
Brent Ballard
Anderson Ballard Companies
(747) 307-4526
165 Total Sales
1 in Rancho Adjacent
$1,269,000 Price
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 |
|---|---|---|---|---|
| 12/13/2019 12/13/19 | Sold | $3,000,000 | 0.0% | $452 / Sq Ft |
| 08/23/2019 08/23/19 | Pending | -- | -- | -- |
| 08/05/2019 08/05/19 | For Sale | $3,000,000 | -- | $452 / 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 |
|---|---|---|---|---|
| 2026 | $18,310 | $1,606,341 | $646,998 | $959,343 |
| 2025 | $18,310 | $1,574,845 | $634,312 | $940,533 |
| 2024 | $17,752 | $1,543,967 | $621,875 | $922,092 |
| 2023 | $17,567 | $1,513,694 | $609,682 | $904,012 |
| 2022 | $16,789 | $1,484,015 | $597,728 | $886,287 |
| 2021 | $16,723 | $1,454,917 | $586,008 | $868,909 |
| 2019 | $5,753 | $460,889 | $183,694 | $277,195 |
| 2018 | $5,632 | $451,886 | $180,093 | $271,793 |
| 2016 | $5,295 | $432,754 | $173,100 | $259,654 |
| 2015 | $5,198 | $426,254 | $170,500 | $255,754 |
| 2014 | $5,216 | $417,906 | $167,161 | $250,745 |
Source: Public Records
Agents Affiliated with this Home
-
DI
Seller's Agent in 2019
Don Ivone
California R.E.Services
-
Debbie Ivone
DI
Buyer's Agent in 2019
Debbie Ivone
California R.E.Services
(818) 378-7759
1 in this area
16 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB19187746
APN: 2453-038-008
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.
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
Nearby Homes
- 271 W Ash Ave
- 210 W Spazier Ave
- 167 W Ash Ave
- 347 W Spazier Ave
- 365 W Alameda Ave Unit 207
- 441 S Main St
- 216 W Tujunga Ave Unit A
- 329 Thompson Ave
- 525 S Shelton St Unit 205
- 525 S Shelton St Unit 102
- 108 Pickwick Ln
- 100 Pickwick Ln
- 107 Sorrel Ct
- 102 Sorrel Ct
- 700 S Mariposa St
- 984 W Riverside Dr Unit 9
- 1008 W Riverside Dr Unit 34
- 1004 W Clark Ave
- 611 S Griffith Park Dr
- 1714 Riverside Dr
- 260 W Ash Ave
- 262 W Ash Ave
- 254 W Ash Ave
- 254 W Ash Ave Unit 101
- 254 W Ash Ave Unit 102
- 254 W Ash Ave Unit 106
- 254 W Ash Ave Unit 105
- 254 W Ash Ave Unit 104
- 254 W Ash Ave Unit 103
- 268 W Ash Ave
- 270 W Ash Ave
- 256 W Valencia Ave
- 262 W Valencia Ave Unit C
- 262 W Valencia Ave Unit A
- 262 W Valencia Ave Unit K
- 262 W Valencia Ave Unit G
- 262 W Valencia Ave
- 264 W Valencia Ave
- 242 W Ash Ave
- 255 W Ash Ave
Your Personal Tour Guide
Ask me questions while you tour the home.