NOT LISTED FOR SALE

2510 N Buena Vista St Burbank, CA 91504

Hillside District Neighborhood

Estimated Value: $1,396,486 - $1,621,000

5 Beds
4 Baths
2,326 Sq Ft
$650/Sq Ft Est. Value

Last Sold August 12, 2014

Last sale price $735,000 $316 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $9,044/month

198 Days on Market

Highlights

  • Paved or Partially Paved Lot
  • George Washington Elementary Rated A-
  • Back and Front Yard

About This Home

As of August 2014

Great 4-unit building in Burbank!! One 2-bedroom unit and three 1-bedroom units! 2-bedroom unit has private back yard and one 1-bedroom unit has private front yard. Newer electrical. Laundry room in garage. Two 2-car garages. 12.55 x projected gross. 5.53 CAP.

Last Agent to Sell the Property

Brad Korb

Brad Korb Real Estate Group License #00698730 Listed on: 11/20/2013

Last Buyer's Agent

Setrak Bronzian

Berkshire Hathaway Home Svcs License #01015970

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,866

Year Built

  • Built in 1950

Lot Details

  • 6,387 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Paved or Partially Paved Lot
  • Level Lot
  • Back and Front Yard

Parking

  • 4 Car Garage

Home Design

  • 2,326 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 58
  • Tax Tract Number 12320
  • Assessor Parcel Number 2473020012

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $251
  • Insurance Expense $1,800
  • Other Expense $5,051
  • Trash Expense $142
  • Water Sewer Expense $732
  • New Taxes Expense $10,249
  • Gross Income $4,980
  • Net Operating Income $41,517

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,866

Year Built

Built in 1950

Lot Details

0

Parking

4

Listing Details

  • CapRate: 5.53
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Water Sewer Expenses: 732.00
  • Property Type: Residential Income
  • Parcel Number: 2473020012
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 315.99

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 142.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Back Yard, Front Yard, Level, Paved
  • Lot Size Sq Ft: 6387.00
  • Lot Size Acres: 0.1470

Multi Family

  • Electric Expense: 251.00
  • Gross Income: 4980.00
  • Gross Multiplier: 12.55
  • Gross Scheduled Income: 59760.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 6387.0000 Square Feet
  • Net Operating Income: 41517.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 18243.00
  • Other Expense: 5051.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 10249.00
  • Tax Lot: 58
  • Tax Tract Number: 12320

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2015
Sold by
Baghdassarian Stepan
Bought by
Baghdassarian Alice and The Baghdassarian Family Trust
Current Estimated Value
$1,511,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,500
Outstanding Balance
$419,042
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$1,092,830

Purchase Details

Closed on
Sep 4, 2015
Sold by
Baghdassarian Stepan
Bought by
Baghdassarian Stepan and Baghdassarian Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,500
Outstanding Balance
$419,042
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$1,092,830

Purchase Details

Listed on
Nov 20, 2013
Closed on
Aug 14, 2014
Sold by
Baghdassarian Stepan
Bought by
Baghdassarian Alice and The Baghdassarian Family Trust
Seller's Agent
Brad Korb
Brad Korb Real Estate Group
Buyer's Agent
Setrak Bronzian
Berkshire Hathaway Home Svcs
List Price
$819,918
Sold Price
$735,000
Premium/Discount to List
-$84,918
-10.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%
Original Mortgage
$514,500
Interest Rate
4.12%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Nov 20, 2013
Closed on
Aug 6, 2014
Sold by
Bagdassarian Talin
Bought by
Bagdassarian Stepan
Seller's Agent
Brad Korb
Brad Korb Real Estate Group
Buyer's Agent
Setrak Bronzian
Berkshire Hathaway Home Svcs
List Price
$819,918
Sold Price
$735,000
Premium/Discount to List
-$84,918
-10.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$514,500
Interest Rate
4.12%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Nov 20, 2013
Closed on
Jun 19, 2014
Sold by
Gubatan Gerald
Bought by
Bagdassarian Stepan and Bagdassarian Alice
Seller's Agent
Brad Korb
Brad Korb Real Estate Group
Buyer's Agent
Setrak Bronzian
Berkshire Hathaway Home Svcs
List Price
$819,918
Sold Price
$735,000
Premium/Discount to List
-$84,918
-10.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$514,500
Interest Rate
4.12%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 20, 2005
Sold by
Gubatan Alice V
Bought by
Gubatan Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 17, 2002
Sold by
Gubatan Gerald
Bought by
Gubatan Alice and The Alice V Gubatan Revocable Living Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,500
Interest Rate
6.87%

Purchase Details

Closed on
Jun 27, 1996
Sold by
Gubatan Gerald
Bought by
Gubatan Alice and The Alice V Gubatan Revocable Living Tr

Purchase Details

Closed on
May 24, 1996
Sold by
Gubatan Alice V
Bought by
Gubatan Alice and The Alice V Gubatan Revocable Living Tr
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
Baghdassarian Alice -- None Available
Baghdassarian Stepan -- Orange Coast Title Company
Baghdassarian Varoujan John -- Orange Coast Title Company
Baghdassarian Alice -- None Available
Bagdassarian Stepan -- Fidelity Sherman Oaks
Bagdassarian Stepan $735,000 Fidelity
Gubatan Gerald -- --
Gubatan Alice -- First American Title Ins Co
Gubatan Gerald -- First American Title Ins Co
Gubatan Alice -- --
Gubatan Alice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baghdassarian Varoujan John $531,500
Closed Bagdassarian Stepan $514,500
Previous Owner Bagdassarian Stepan $514,500
Previous Owner Gubatan Gerald $468,500
Previous Owner Gubatan Gerald $478,000
Previous Owner Gubatan Gerald $350,000
Previous Owner Gubatan Gerald $327,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2014 08/12/14 Sold $735,000 -10.4% $316 / Sq Ft
06/06/2014 06/06/14 Pending -- -- --
11/20/2013 11/20/13 For Sale $819,918 -- $353 / 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 $9,866 $883,348 $534,818 $348,530
2024 $9,866 $866,029 $524,332 $341,697
2023 $9,762 $849,049 $514,051 $334,998
2022 $9,324 $832,402 $503,972 $328,430
2021 $9,283 $816,082 $494,091 $321,991
2019 $8,911 $791,879 $479,437 $312,442
2018 $8,777 $776,353 $470,037 $306,316
2016 $8,330 $746,208 $451,786 $294,422
2015 $8,162 $735,000 $445,000 $290,000
2014 $5,688 $496,214 $295,368 $200,846
Source: Public Records

Agents Affiliated with this Home

  • Brad Korb

    Seller's Agent in 2014

    Brad Korb

    Brad Korb Real Estate Group

    (818) 859-0310

    43 in this area

    358 Total Sales

    Brad Korb
    Section Image

  • S

    Buyer's Agent in 2014

    Setrak Bronzian

    Berkshire Hathaway Home Svcs

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB13234965

California Regional Multiple Listing Service (CRMLS)

APN: 2473-020-012

California Los Angeles County Burbank 91504 Hillside District

2510 N Buena Vista St, Burbank, CA

This home is located at 2510 N Buena Vista St, Burbank, CA 91504 since 20 November 2013 and is currently estimated at $1,511,872, approximately $649 per square foot. This property was built in 1950. 2510 N Buena Vista St is a home located in Los Angeles County with nearby schools including George Washington Elementary, Luther Burbank Middle School, and Burbank 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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