NOT LISTED FOR SALE

2800 Thornton Ave Burbank, CA 91504

Airport District Neighborhood

Estimated Value: $1,394,000 - $2,225,000

9 Beds
7 Baths
4,065 Sq Ft
$471/Sq Ft Est. Value

Last Sold April 18, 2019

Last sale price $1,350,000 $332 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $11,456/month

74 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Living Room
  • Providencia Elementary School Rated A-
  • Corner Lot
  • 1-minute walk to Robert E Lundigan Park

About This Home

As of April 2019

Property has TWO addresses 2345 Catalina St & 2800 Thornton. Tax assessor refers to 2800 Thornton Av. Long time owner, front house has 3 bedrooms, 1 bath, laundry room, fenced front yard and off street parking. Rear has 3 townhouse style units each with 2 bedrooms, 1.5 baths. Each unit has small rear yard Off street parking no garages. Front house built in 1939 rear units built in late 50'sHouse is on 1 year lease and rear units are month/month

Last Agent to Sell the Property

Karen Roberson

Engel & Völkers La Canada License #00796179 Listed on: 02/02/2019

Engel & Völkers La Canada

Last Buyer's Agent

John Davidson

Millennium Realty License #00475319

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 8,655 Sq Ft Lot
  • Lot Dimensions are 64'x135'
  • South Facing Home
  • Corner Lot
  • Rectangular Lot
  • Level Lot
  • Front Yard

Parking

  • 1 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Traditional Architecture
  • Bungalow
  • Property Attached
  • Raised Foundation
  • Slab Foundation
  • Frame Construction
  • Stucco

Interior Spaces

  • 2-Story Property
  • Sliding Doors
  • Living Room

Kitchen

  • Gas Range
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 9 Bedrooms
  • All Upper Level Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Parking

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Gravity Heating System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Assessor Parcel Number 2464008035

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,608
  • Water Sewer Expense $900
  • New Taxes Expense $21,250
  • Operating Expense $7,936
  • Gross Income $80,940

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

8,655 Sq Ft Lot

Parking

1

Listing Details

  • Improvements Percent: 75.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Other - OTHR
  • Water Sewer Expenses: 900.00
  • Zoning: BUR4*
  • Architectural Style: Bungalow, Traditional
  • Property Type: Residential Income
  • Parcel Number: 2464008035
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Flooring: Carpet, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Levels: One, Two
  • Room Type: All Bedrooms Up, Living Room

Exterior Features

  • Direction Faces: South
  • Foundation: Raised, Slab
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range, Range
  • Heating Type: Gravity, Natural Gas, Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Individual Room

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Level, Rectangular Lot
  • Lot Size: 64'x135'
  • Lot Size Sq Ft: 8655.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Average3 Bed Area: 1100 Square Feet
  • Gross Income: 80940.00
  • Gross Multiplier: 18.53
  • Insurance Expense: 1608.00
  • Lot Size Area: 8655.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Disposal: 4
  • Number With Patio: 3
  • Number With Range: 4
  • Total Actual Rent: 80940.00
  • Total Expenses: 7936.00

Tax Info

  • New Taxes Expense: 21250.00
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2019
Sold by
Girgis Paul W and Girgis Madlin B
Bought by
Girgis Paul W and Girgis Madlin B
Current Estimated Value
$1,915,110

Purchase Details

Listed on
Feb 2, 2019
Closed on
Feb 26, 2019
Sold by
Darden Family Trust
Bought by
Girgis Paul W and Girgis Madlin B
Seller's Agent
Karen Roberson
Engel & Völkers La Canada
Buyer's Agent
John Davidson
Millennium Realty
List Price
$1,500,000
Sold Price
$1,350,000
Premium/Discount to List
-$150,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
Original Mortgage
$850,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2009
Sold by
Darden Robert A and Darden Patricia G
Bought by
Darden Robert A and Darden Patricia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Girgis Paul W -- None Available
Girgis Paul W $1,350,000 Orange Coast Title
Darden Robert A -- Accommodation
Darden Robert A -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Girgis Paul W $850,000
Previous Owner Darden Robert A $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2019 04/18/19 Sold $1,350,000 -10.0% $332 / Sq Ft
02/02/2019 02/02/19 For Sale $1,500,000 -- $369 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $16,595 $1,491,181 $943,923 $547,258
2024 $16,595 $1,461,943 $925,415 $536,528
2023 $16,421 $1,433,278 $907,270 $526,008
2022 $15,683 $1,405,176 $889,481 $515,695
2021 $15,613 $1,377,625 $872,041 $505,584
2020 $15,442 $1,363,500 $863,100 $500,400
2019 $13,496 $123,847 $31,865 $91,982
2018 $1,689 $121,420 $31,241 $90,179
2016 $1,561 $116,707 $30,029 $86,678
2015 $1,534 $114,955 $29,578 $85,377
2014 $1,560 $112,704 $28,999 $83,705
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Karen Roberson

    Engel & Völkers La Canada

    (818) 406-9453

    13 Total Sales

    Karen Roberson
    Section Image

  • J

    Buyer's Agent in 2019

    John Davidson

    Millennium Realty

    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-819000520

Pasadena-Foothills Association of REALTORS®

APN: 2464-008-035

California Los Angeles County Burbank 91504 Airport District

2800 Thornton Ave, Burbank, CA

Not Listed for Sale

MultiFamily

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