NOT LISTED FOR SALE

234 N Burlington Ave Los Angeles, CA 90026

Westlake Neighborhood

Estimated Value: $1,059,774 - $2,753,000

4 Beds
4 Baths
2,038 Sq Ft
$808/Sq Ft Est. Value

Last Sold July 05, 2019

Last sale price $800,000 $393 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $11,066/month

7 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Laundry Room
  • Front Yard
  • No HOA
  • Heating System Uses Natural Gas

About This Home

As of July 2019

Great investment opportunity to purchase a multi family building in Echo Park area. Two houses in front, each has one bedroom and one bath and rear house has two bedrooms and two baths. Parking located in the rear of property. Located just off the 101 FWY and near downtown.

Last Agent to Sell the Property

Danny Fredericks

Fredericks Realty License #01903928 Listed on: 05/22/2019

Co-Listed By

Derf Fredericks

Fredericks Realty License #00491652

Last Buyer's Agent

Danny Fredericks

Fredericks Realty License #01903928 Listed on: 05/22/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,703

Year Built

  • Built in 1914

Lot Details

  • 6,000 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 3 Car Garage

Home Design

  • 2,038 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 2084
  • Assessor Parcel Number 5159009005

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • New Taxes Expense $8,400
  • Operating Expense $8,400
  • Gross Income $40,272
  • Net Operating Income $36,245

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,703

Year Built

Built in 1914

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 5159009005
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 392.54
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6000.00
  • Lot Size Acres: 0.1377

Multi Family

  • Average1 Bed Area: 482 Square Feet
  • Average2 Bed Area: 1074 Square Feet
  • Gross Income: 40272.00
  • Gross Scheduled Income: 40272.00
  • Lot Size Area: 6000.0000 Square Feet
  • Net Operating Income: 36245.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 4027.00
  • Rent Control: Yes
  • Total Expenses: 8400.00

Tax Info

  • New Taxes Expense: 8400.00
  • Tax Census Tract: 2084.02
  • Tax Lot: 15
  • Tax Tract Number: 2084

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2019
Closed on
Jun 26, 2019
Sold by
Baynosa Redolfo B and Baynosa Luz C Baynosa
Bought by
Court Street Expert Llc
Seller's Agent
Danny Fredericks
Fredericks Realty
Buyer's Agent
Danny Fredericks
Fredericks Realty
List Price
$700,000
Sold Price
$800,000
Premium/Discount to List
$100,000
14.29%
Current Estimated Value
$1,858,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,058,333
Avg. Annual Appreciation
12.58%
Original Mortgage
$560,000
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 13, 2017
Sold by
Baynosa Rodolfo B and Baynosa Luz C
Bought by
Baynosa Rodolfo B and Baynosa Luz C

Purchase Details

Closed on
Feb 23, 2017
Sold by
Baynosa Rodolfo B and Baynosa Luz C
Bought by
Baynosa Rodolfo B and Baynosa Luz C
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
Court Street Expert Llc $800,000 Stewart Title
Baynosa Rodolfo B -- None Available
Baynosa Rodolfo B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Court Street Expert Llc $1,785,000
Closed Court Street Expert Llc $1,840,000
Closed Court Street Expert Llc $560,000
Closed Court Street Expert Llc $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2019 07/05/19 Sold $800,000 +14.3% $393 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $700,000 -- $343 / 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 $10,703 $874,911 $645,248 $229,663
2024 $10,703 $857,757 $632,597 $225,160
2023 $10,503 $840,940 $620,194 $220,746
2022 $10,024 $824,452 $608,034 $216,418
2021 $9,896 $808,287 $596,112 $212,175
2020 $9,995 $800,000 $590,000 $210,000
2019 $7,477 $107,874 $33,372 $74,502
2018 $1,570 $105,760 $32,718 $73,042
2016 $1,486 $101,655 $31,449 $70,206
2015 $1,468 $100,129 $30,977 $69,152
2014 $1,496 $98,169 $30,371 $67,798
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Danny Fredericks

    Fredericks Realty

    Section Image
  • Derf Fredericks

    Seller Co-Listing Agent in 2019

    Derf Fredericks

    Fredericks Realty

    (310) 792-0907

    32 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19119673

California Regional Multiple Listing Service (CRMLS)

APN: 5159-009-005

California Los Angeles County Los Angeles 90026 Westlake

234 N Burlington Ave, Los Angeles, CA

This home is located at 234 N Burlington Ave, Los Angeles, CA 90026 since 22 May 2019 and is currently estimated at $1,646,444, approximately $807 per square foot. This property was built in 1914. 234 N Burlington Ave is a home located in Los Angeles County with nearby schools including Union Avenue Elementary, Sal Castro Middle School, and Belmont High School.

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.

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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