Matthew Isbell
Compass
(424) 380-7615
49 Total Sales
1 in Hillside District
$1,350,000 Price
2664 N Frederic St Burbank, CA 91504
Hillside District NeighborhoodEstimated Value: $1,311,852
2
Beds
1
Bath
2,059
Sq Ft
$637/Sq Ft
Est. Value
Highlights
- No Units Above
- Lawn
- High-Efficiency Water Heater
- Property is near public transit
- Foothills
- Landscaped
About This Home
As of July 2024The 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 Realty, Inc. Brokerage Email: Barry@BarryBurnett.net License #00989278 Listed on: 05/15/2024
Co-Listed By
Coldwell Banker Envision Brokerage Email: Barry@BarryBurnett.net License #01969643
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Property Details
Home Type
- Multi-Family
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 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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 15, 2024
Closed on
Jul 31, 2024
Sold by
Bought by
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,148
Avg. Annual Appreciation
-0.48%
Purchase Details
Listed on
May 15, 2024
Closed on
Jun 24, 2024
Sold by
Bought by
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
Listed on
May 15, 2024
Closed on
Jun 7, 2024
Sold by
Bought by
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
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hillside District, CA
-
Matthew Isbell
-
Roddy de la Garza
Roddy de la Garza
Epique Realty
(323) 615-1579
121 Total Sales
1 in Hillside District
$1,674,000 Price
-
Julian Munoz
Julian Munoz
EMPOWER Real Estate
(747) 271-5125
14 Total Sales
1 in Hillside District
$600,000 Price
-
Brent Ballard
Brent Ballard
Anderson Ballard Companies
(747) 307-4526
168 Total Sales
5 in Hillside District
$1.1M - $2.3M Price Range
-
Peggy Lim
Peggy Lim
Responds QuicklyReal Brokerage Technologies
(626) 889-5586
86 Total Sales
1 in Hillside District
$680,000 Price
-
Dana Frank
Dana Frank
Responds QuicklyRodeo Realty
(424) 842-2137
146 Total Sales
1 in Hillside District
$1,400,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| -- | None Listed On Document | ||
| $1,325,000 | Monarch Title | ||
| -- | Monarch Title | ||
| -- | None Available |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $15,035 | $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
13 in this area
37 Total Sales
-
Stefan Doomanis
Seller Co-Listing Agent in 2024
Stefan Doomanis
Coldwell Banker Envision
(818) 209-0883
5 in this area
36 Total Sales
-
Vardkes Bazikian
V
Buyer's Agent in 2024
Vardkes Bazikian
Imperial Realty Co.
(818) 956-3646
2 in this area
39 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB24098359
APN: 2473-021-019
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.
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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