Seller's Agent in 2022
Levon Alexanian
Keller Williams World Media Center
(818) 219-3366
1 in this area
21 Total Sales
236 N 6th St Burbank, CA 91501
Hillside District NeighborhoodEstimated Value: $1,565,000 - $1,920,000
1
Bed
1
Bath
3,002
Sq Ft
$593/Sq Ft
Est. Value
About This Home
As of September 2022Irreplaceable North Burbank location, on corner of Palm & Sixth , this generational asset is comprised of 4 individual and private cottages. All units have individual washer/dryer hookups. All are 1+1, the residence on Palm has its own garage and the remaining 3 units also have enclosed garages. There is an underutilized rear yard that can be transformed into a common or private area/bbq/lounge space. The opportunity to acquire a corner lot, north of Glenoaks in a historically non existent turn over pocket is seldom. Considerable upside in rents, over 30%, due to long term ownership and also falls within the states highest allowable raises (buyers & brokers to verify).
Last Agent to Sell the Property
Keller Williams World Media Center License #00911091 Listed on: 08/22/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1949
Lot Details
- 8,368 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 4 Car Garage
Home Design
- 3,002 Sq Ft Home
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Laundry
- Laundry Room
- Washer Hookup
Listing and Financial Details
- Legal Lot and Block 20 / 23
- Assessor Parcel Number 2455026020
- $426 per year additional tax assessments
Community Details
Overview
- 4 Buildings
- 4 Units
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 5 Separate Water Meters
- Gardener Expense $570
- Insurance Expense $2,678
- Maintenance Expense $965
- Other Expense $1,929
- Pest Control $440
- New Taxes Expense $20,160
- Operating Expense $26,742
- Gross Income $69,000
- Net Operating Income $42,258
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 20, 2018
Sold by
Chase Diane and The Amended And Restated Diane
Bought by
Mfp Llc
Current Estimated Value
Purchase Details
Closed on
Jun 14, 2018
Sold by
Chase Eric
Bought by
Mfp Llc
Purchase Details
Closed on
Jun 11, 2018
Sold by
Chase Lisa
Bought by
Mfp Llc
Purchase Details
Closed on
Dec 28, 2017
Sold by
Chase Diane and Chase Amended
Bought by
Chase Lisa and Chase Eric Stuart
Purchase Details
Closed on
Oct 4, 2017
Sold by
Rice & Beans Llc
Bought by
Chase Diane and Diane Chase 2002 Trust
Purchase Details
Closed on
Dec 28, 2016
Sold by
Chase Diane and Diane Chase 2002 Trust
Bought by
Rice & Beans Llc
Purchase Details
Closed on
Oct 7, 2002
Sold by
Chase Diane
Bought by
Chase Diane and Diane Chase 2002 Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mfp Llc | -- | None Available | |
| Mfp Llc | -- | None Available | |
| Mfp Llc | -- | None Available | |
| Chase Lisa | -- | None Available | |
| Chase Diane | -- | None Available | |
| Rice & Beans Llc | -- | None Available | |
| Chase Diane | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/28/2022 09/28/22 | Sold | $1,600,000 | -3.0% | $533 / Sq Ft |
| 09/08/2022 09/08/22 | Pending | -- | -- | -- |
| 09/02/2022 09/02/22 | Price Changed | $1,650,000 | -8.3% | $550 / Sq Ft |
| 08/22/2022 08/22/22 | For Sale | $1,800,000 | -- | $600 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $18,369 | $1,664,640 | $998,784 | $665,856 |
| 2024 | $18,369 | $1,632,000 | $979,200 | $652,800 |
| 2023 | $18,174 | $1,600,000 | $960,000 | $640,000 |
| 2022 | $9,155 | $807,872 | $461,149 | $346,723 |
| 2021 | $9,109 | $792,032 | $452,107 | $339,925 |
| 2020 | $9,010 | $783,912 | $447,472 | $336,440 |
| 2019 | $15,450 | $1,387,200 | $836,400 | $550,800 |
| 2018 | $8,576 | $753,475 | $430,098 | $323,377 |
| 2017 | $8,401 | $738,702 | $421,665 | $317,037 |
| 2016 | $8,131 | $724,219 | $413,398 | $310,821 |
| 2015 | $7,968 | $713,342 | $407,189 | $306,153 |
| 2014 | $7,966 | $699,369 | $399,213 | $300,156 |
Source: Public Records
Agents Affiliated with this Home
-
Levon Alexanian
-
Huiling Chan
Buyer's Agent in 2022
Huiling Chan
Beverly and Company, Inc.
(818) 281-1333
2 in this area
19 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR22184890
APN: 2455-026-020
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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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