NOT LISTED FOR SALE

2300 N Fairview St Burbank, CA 91504

Airport District Neighborhood

Estimated Value: $1,169,000 - $1,754,300

4 Beds
4 Baths
2,565 Sq Ft
$607/Sq Ft Est. Value

Last Sold November 15, 2018

Last sale price $1,075,000 $419 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $8,299/month

17 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • 1 Attached Carport Space
  • Providencia Elementary School Rated A-
  • Laundry Room
  • 5-minute walk to Robert Gross Park

About This Home

As of November 2018

Situated in the highly desired city of Burbank, we introduce a non-rent controlled and BUR4 zoned Triplex consisting of a pair of 1 bedroom/1 bath units and a separate 2 bedroom/2 bath home with parking for all units. Conveniently located near shopping, restaurants, and entertainment, this property allows for easy freeway access as well as entrance to the distinguished Burbank schools all of which will be attractive to renters. Tremendous investment opportunity with well performing income possibility. Sitting on a 7,042 sq ft lot and surrounded by multi family buildings, this property allows for expansion of property and income. The total size of all units equals 2,565 Sq Ft. This property is a classic offering hardwood floors, vintage appliances and built-ins... with a little elbow grease this place could be a real charmer!

Last Agent to Sell the Property

Danielle Garrison

Better Homes and Gardens Real Estate Town Center License #01986725 Listed on: 07/09/2018

Better Homes and Gardens Real Estate Town Center

Co-Listed By

Maxine Kobin

Better Homes and Gardens Real Estate Town Center License #01986723

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $256

Year Built

  • Built in 1956

Lot Details

  • 7,042 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • 1 Attached Carport Space
  • Parking Available

Home Design

  • Triplex

Interior Spaces

  • 2,565 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 162
  • Tax Tract Number 9443
  • Assessor Parcel Number 2464005024

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Water Sewer Expense $1,560
  • New Taxes Expense $14,688
  • Operating Expense $16,848
  • Gross Income $41,520
  • Net Operating Income $24,672

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$256

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1560.00
  • Zoning: BUR4*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 2464005024
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Levels: One
  • Price Per Square Foot: 419.10

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7042.00
  • Lot Size Acres: 0.1617

Multi Family

  • Gross Income: 41520.00
  • Gross Scheduled Income: 41520.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 7042.0000 Square Feet
  • Net Operating Income: 24672.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number Wall A C: 3
  • Operating Expense: 16848.00
  • Rent Control: No
  • Total Expenses: 16848.00

Tax Info

  • New Taxes Expense: 14688.00
  • Tax Census Tract: 3105.01
  • Tax Lot: 162
  • Tax Tract Number: 9443

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2018
Sold by
Davis Dorothy J
Bought by
Burbank Housing Corp
Current Estimated Value
$1,511,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,702
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2006
Sold by
Davis Dorothy J
Bought by
Davis Dorothy J

Purchase Details

Closed on
Oct 27, 1998
Sold by
Davis Dorothy J and Dorothy J Davis Trust
Bought by
Davis Dorothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.6%
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
Burbank Housing Corp $1,075,000 Pacific Coast Title
Davis Dorothy J -- Chicago Title Co
Davis Dorothy J -- American Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burbank Housing Corp $542,702
Previous Owner Davis Dorothy J $63,000
Previous Owner Davis Dorothy J $30,409
Previous Owner Davis Dorothy J $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2018 11/15/18 Sold $1,075,000 -8.5% $419 / Sq Ft
07/09/2018 07/09/18 For Sale $1,175,000 -- $458 / 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 $256 $1,199,178 $719,508 $479,670
2024 $256 $1,175,665 $705,400 $470,265
2023 $256 $1,152,614 $691,569 $461,045
2022 $249 $1,130,014 $678,009 $452,005
2021 $230 $1,107,858 $664,715 $443,143
2020 $12,388 $1,096,500 $657,900 $438,600
2019 $12,021 $1,075,000 $645,000 $430,000
2018 $1,432 $108,675 $32,694 $75,981
2016 $1,333 $104,457 $31,425 $73,032
2015 $1,309 $102,888 $30,953 $71,935
2014 $1,328 $100,873 $30,347 $70,526
Source: Public Records

Agents Affiliated with this Home

  • Danielle Garrison

    Seller's Agent in 2018

    Danielle Garrison

    Better Homes and Gardens Real Estate Town Center

    (818) 861-6311

    18 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2018

    Maxine Kobin

    Better Homes and Gardens Real Estate Town Center

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB18162191

California Regional Multiple Listing Service (CRMLS)

APN: 2464-005-024

California Los Angeles County Burbank 91504 Airport District

2300 N Fairview St, Burbank, CA

This home is located at 2300 N Fairview St, Burbank, CA 91504 since 09 July 2018 and is currently estimated at $1,556,825, approximately $606 per square foot. This property was built in 1956. 2300 N Fairview St is a home located in Los Angeles County with nearby schools including Providencia Elementary School, Luther Burbank Middle School, and Burbank High School.

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California Regional Multiple Listing Service (CRMLS) 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

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