NOT LISTED FOR SALE

2664 N Frederic St Burbank, CA 91504

Hillside District Neighborhood

Estimated Value: $1,329,000 - $1,427,000

2 Beds
1 Bath
2,059 Sq Ft
$669/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $1,325,000 $644 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,679/month

9 Days on Market

Highlights

  • No Units Above
  • Property is near public transit
  • Laundry Room
  • George Washington Elementary Rated A-
  • Lawn
  • Foothills

About This Home

As of July 2024

The MOST STUNNINGLY WELL MAINTAINED TRIPLEX available in Prime Burbank Hill area! ALL three units are 2+1, featuring splendid upgrades- all dual glazed energy efficient glass, new stucco, newer HVAC on 2 units, new water heaters, gorgeous landscaping, a super quiet cul-de-sac neighborhood surrounded by Burbank's 150,000+ jobs, and all major Studios and production firms nearby. Super access to Burbank Airport but no flight noise! Next to I-5, but giant sound wall, so quiet. Onsite laundry room for tenant ease, plus 3 garages (ADU upside possibly?) and additional off-street parking space. "Drool-worthy" investment, pride of ownership throughout! HUGE UPSIDE: Now laundry room earns $75 mo, but could be $135 mo with price adjustment. One garage not included in lease and can be rented for $200+ mo (other 2 run with current leases); Open parking pad can be rented to RV for $365+ mo instantly. Rents should all be increased as the terms finish: ALL VERY LOW! Proforma rents within two years if garages and pad rented, rents increased, etc (even without ADUs!) should be $8,870 mo/$106,440 yr. by calculating one turnover/new tenant. Look at this splendid LONG TERM ownership property!

Last Agent to Sell the Property

Barry Burnett

Barry Burnett Realty, Inc. Brokerage Email: Barry@BarryBurnett.net License #00989278 Listed on: 05/15/2024

Co-Listed By

Stefan Doomanis

Barry Burnett Realty, Inc. Brokerage Email: Barry@BarryBurnett.net License #01969643

Last Buyer's Agent

Vardkes Bazikian

Imperial Realty Co. License #01173623

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,069

Year Built

  • Built in 1951

Lot Details

  • 6,041 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Landscaped
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Lawn
  • Front Yard

Parking

  • 1 Open Parking Space
  • 3 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 2,059 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Thermostat

Outdoor Features

  • Rain Gutters

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • High-Efficiency Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, exterior maintenance, gas
  • Tax Lot 95
  • Tax Tract Number 12320
  • Assessor Parcel Number 2473021019
  • $320 per year additional tax assessments

Community Details

Overview

  • 3 Units
  • Foothills

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Building Details

  • 2 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • Operating Expense $5
  • Gross Income $69,000
  • Net Operating Income $60,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,069

Year Built

Built in 1951

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 458300
  • Property Attached: Yes
  • Water Sewer Expenses: 1.00
  • Zoning: BUR4*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 2473021019
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: front
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Entry Level: 1
  • Price Per Square Foot: 643.52

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, Dryer Included, In Garage, Washer Included
  • Sewer: Sewer Paid
  • Trash Expense: 1.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Foothills, Gutters, Sidewalks, Suburban

Green Features

  • Efficiency: Thermostat, Water Heater, Windows

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lawn, Level with Street, Rectangular Lot, Level, Near Public Transit, Paved, Walkstreet
  • Lot Size Sq Ft: 6041.00
  • Lot Size Acres: 0.1387
  • Latitude Manual: 34.20207000

Rental Info

  • Tenant Pays: Cable TV, Electricity, Exterior Maintenance, Gas

Multi Family

  • Electric Expense: 1.00
  • Gross Income: 69000.00
  • Gross Scheduled Income: 5750.00
  • Insurance Expense: 1.00
  • Laundry Income: 75.00
  • Lot Size Area: 6041.0000 Square Feet
  • Net Operating Income: 60000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 750.00
  • Other Income Description: Year 2.5 PROFORMA: $106,440 yr
  • Rent Control: Yes
  • Total Expenses: 5.00

Tax Info

  • Tax Census Tract: 3104.00
  • Tax Lot: 95
  • Tax Tract Number: 12320
  • TaxOtherAnnualAssessmentAmount: 320.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jul 31, 2024
Sold by
Khanyan Markar H
Bought by
Markar And Lida Khanyan Family Trust and Khanyan
Seller's Agent
Barry Burnett
Barry Burnett Realty, Inc.
Buyer's Agent
Vardkes Bazikian
Imperial Realty Co.
List Price
$1,374,990
Sold Price
$1,325,000
Premium/Discount to List
-$49,990
-3.64%
Views
15
Current Estimated Value
$1,377,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,778
Avg. Annual Appreciation
2.90%

Purchase Details

Listed on
May 15, 2024
Closed on
Jun 24, 2024
Sold by
Capellaro John J and Christoffer Karen
Bought by
Khanyan Alexander and Khanyan Markar H
Seller's Agent
Barry Burnett
Barry Burnett Realty, Inc.
Buyer's Agent
Vardkes Bazikian
Imperial Realty Co.
List Price
$1,374,990
Sold Price
$1,325,000
Premium/Discount to List
-$49,990
-3.64%
Views
15

Purchase Details

Closed on
Dec 12, 2007
Sold by
Capellaro John J and Christoffersen Karen J
Bought by
Capellaro John J
Source: Public Records

Range of Values:

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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
Markar And Lida Khanyan Family Trust -- None Listed On Document
Khanyan Markar H -- None Listed On Document
Khanyan Alexander $1,325,000 Monarch Title
Khanyan Markar H -- Monarch Title
Capellaro John J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Capellaro John $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $1,325,000 -3.6% $644 / Sq Ft
05/21/2024 05/21/24 Price Changed $1,374,900 0.0% $668 / Sq Ft
05/15/2024 05/15/24 For Sale $1,374,990 -- $668 / 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 $4,069 $1,325,000 $795,000 $530,000
2024 $4,069 $341,635 $253,797 $87,838
2023 $4,029 $334,937 $248,821 $86,116
2022 $3,852 $328,371 $243,943 $84,428
2021 $3,827 $321,933 $239,160 $82,773
2019 $3,678 $312,386 $232,067 $80,319
2018 $3,572 $306,262 $227,517 $78,745
2016 $3,376 $294,371 $218,683 $75,688
2015 $3,310 $289,951 $215,399 $74,552
2014 $3,320 $284,272 $211,180 $73,092
Source: Public Records

Agents Affiliated with this Home

  • Barry Burnett

    Seller's Agent in 2024

    Barry Burnett

    Barry Burnett Realty, Inc.

    (818) 842-2611

    14 in this area

    53 Total Sales

    Barry Burnett
    Section Image
  • Stefan Doomanis

    Seller Co-Listing Agent in 2024

    Stefan Doomanis

    Barry Burnett Realty, Inc.

    (818) 209-0883

    6 in this area

    50 Total Sales

    Stefan Doomanis
    Section Image

  • V

    Buyer's Agent in 2024

    Vardkes Bazikian

    Imperial Realty Co.

    (818) 956-3646

    2 in this area

    63 Total Sales

    Vardkes Bazikian
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB24098359

California Regional Multiple Listing Service (CRMLS)

APN: 2473-021-019

California Los Angeles County Burbank 91504 Hillside District

2664 N Frederic St, Burbank, CA

This home is located at 2664 N Frederic St, Burbank, CA 91504 since 15 May 2024 and is currently estimated at $1,377,778, approximately $669 per square foot. This property was built in 1951. 2664 N Frederic 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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