NOT LISTED FOR SALE

306 W Tujunga Ave Burbank, CA 91502

Rancho Adjacent Neighborhood

Estimated Value: $998,000 - $1,272,636

3 Beds
2 Baths
1,546 Sq Ft
$740/Sq Ft Est. Value

Sale Details

Date Sold: September 11, 2020

Last sale price $890,000 $576 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,912 / mo

24 Days on Market

Highlights

  • In Ground Pool
  • Fireplace in Bathroom
  • 4 Car Garage
  • Walt Disney Elementary School Rated A
  • No HOA

About This Home

As of September 2020

Incredible opportunity in a nice area of Burbank for instant income. This duplex sits on 7500 lot and has a pool. Front unit is a 1 bedroom 1 bathroom. Rear unit is a 2 bedroom 1 bathroom with a great floor plan. Property needs some TLC. Zoning is R4, so use your imagination to add units, ADU'S or possible development. Detached garage in the corner of the property as well. Centrally located to shopping, freeways, restaurants and more. Both units will be delivered vacant.

Last Agent to Sell the Property

Marlin Dginguerian

JohnHart Real Estate License #01930762 Listed on: 08/15/2020

JohnHart Real Estate

Last Buyer's Agent

Marlin Dginguerian

JohnHart Real Estate License #01930762 Listed on: 08/15/2020

JohnHart Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 7,500 Sq Ft Lot
  • 1 Common Wall

Home Design

  • Property Attached

Interior Spaces

  • Fireplace in Bathroom
  • 1,546 Sq Ft Home
  • Decorative Fireplace
  • Gas Fireplace
  • Laminate Flooring

Parking

  • 4 Car Garage
  • Parking Available
  • Driveway

Additional Features

  • In Ground Pool
  • Septic Type Unknown

Listing and Financial Details

  • Assessor Parcel Number 2451019011

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Not Applicable 105 Subdivision

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

7,500 Sq Ft Lot

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: BUR4*
  • Property Type: Residential Income
  • Parcel Number: 2451019011
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Fireplace Features: Gas, Decorative, Bath
  • Levels: One
  • Price Per Square Foot: 575.68

Exterior Features

  • Pool Features: In Ground
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1722

Multi Family

  • Lot Size Area: 7500.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2022
Sold by
Marquise Inc
Bought by
306 Tujunga Property Llc
Current Estimated Value
$1,143,909

Purchase Details

Listed on
Aug 15, 2020
Closed on
Aug 26, 2020
Sold by
Vartal Red Llc
Bought by
Marquise Inc
Seller's Agent
Marlin Dginguerian
JohnHart Real Estate
Buyer's Agent
Marlin Dginguerian
JohnHart Real Estate
List Price
$899,000
Sold Price
$890,000
Premium/Discount to List
-$9,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%

Purchase Details

Closed on
Mar 2, 2020
Sold by
Morejon Lilyana
Bought by
Vartal Red Llc

Purchase Details

Closed on
Apr 20, 2018
Sold by
E R I N Industries Inc
Bought by
Co Te En Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,095
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2018
Sold by
Morejon Lilyana
Bought by
E R I N Industries Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,095
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 31, 2017
Closed on
Sep 26, 2017
Sold by
Demora Elizabeth Martinez
Bought by
Morejon Lilyana
Seller's Agent
Isaac Vizcarra
ROCKCAL REAL ESTATE
Buyer's Agent
Jayme Colon
Beverly and Company
List Price
$850,000
Sold Price
$760,000
Premium/Discount to List
-$90,000
-10.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.98%
Original Mortgage
$746,234
Interest Rate
3.85%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 27, 2017
Sold by
Demora Elizabeth Martinez
Bought by
Demora Elizabeth Martinez

Purchase Details

Closed on
Jun 15, 2013
Sold by
Martinez Margarita V
Bought by
Demora Elizabeth Martinez and Martinez Raul

Purchase Details

Closed on
Oct 17, 2007
Sold by
Martinez Margarita V
Bought by
Martinez Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,500
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2005
Sold by
Martinez Margarita
Bought by
Martinez Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
6.14%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 23, 2005
Sold by
Martinez Raul
Bought by
Martinez Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
6.14%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 15, 2004
Sold by
Martinez Margarita
Bought by
Martinez Raul and Martinez Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Interest Rate
5.8%
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
306 Tujunga Property Llc -- None Listed On Document
Marquise Inc $890,000 Lawyers Title
Vartal Red Llc $784,000 Lps Default Title & Escrow
Co Te En Corp -- None Available
E R I N Industries Inc -- First American Title Company
Morejon Lilyana $760,000 Old Republic Title Company
Demora Elizabeth Martinez -- None Available
Demora Elizabeth Martinez -- None Available
Martinez Margarita -- Ticor Title Co Glendale
Martinez Margarita -- Stewart Title Co
Martinez Margarita -- Stewart Title Co
Martinez Raul -- Commonwealth Land Title Co
Martinez Margarita -- Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Co Te En Corp $82,095
Previous Owner E R I N Industries Inc $82,095
Previous Owner Morejon Lilyana $746,234
Previous Owner Martinez Margarita $435,500
Previous Owner Martinez Margarita $323,000
Previous Owner Martinez Margarita $323,000
Previous Owner Martinez Margarita $211,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/11/2020 09/11/20 Sold $890,000 -1.0% $576 / Sq Ft
08/15/2020 08/15/20 For Sale $899,000 0.0% $582 / Sq Ft
08/11/2020 08/11/20 Price Changed $899,000 +18.3% $582 / Sq Ft
11/15/2017 11/15/17 Sold $760,000 -10.6% $492 / Sq Ft View Prior Sale
08/29/2017 08/29/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $850,000 -- $550 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,664 $963,362 $573,688 $389,674
2024 $10,664 $944,474 $562,440 $382,034
2023 $10,551 $925,956 $551,412 $374,544
2022 $10,074 $907,800 $540,600 $367,200
2021 $10,037 $890,000 $530,000 $360,000
2020 $9,887 $877,200 $714,000 $163,200
2019 $9,593 $860,000 $700,000 $160,000
2018 $8,523 $760,000 $560,000 $200,000
2017 $8,238 $735,243 $445,288 $289,955
2016 $7,992 $720,827 $436,557 $284,270
2015 $825 $70,945 $29,757 $41,188
2014 $837 $69,557 $29,175 $40,382
Source: Public Records

Agents Affiliated with this Home

  • Marlin Dginguerian

    Seller's Agent in 2020

    Marlin Dginguerian

    JohnHart Real Estate

    (818) 415-1516

    80 Total Sales

    Marlin Dginguerian
    Section Image

  • I

    Seller's Agent in 2017

    Isaac Vizcarra

    ROCKCAL REAL ESTATE

    Section Image
  • Jayme Colon

    Buyer's Agent in 2017

    Jayme Colon

    Beverly and Company

    (818) 223-9100

    29 Total Sales

    Jayme Colon
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320002761

California Regional Multiple Listing Service (CRMLS)

APN: 2451-019-011

California Los Angeles County Burbank 91502 Rancho Adjacent

306 W Tujunga Ave, Burbank, CA

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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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