NOT LISTED FOR SALE

307 N Hollywood Way Burbank, CA 91505

Media District Neighborhood

Estimated Value: $1,033,853 - $1,165,000

3 Beds
3 Baths
1,479 Sq Ft
$744/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $1,085,000 $734 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $7,061/month

67 Days on Market

Highlights

  • Deck
  • Ground Level Unit
  • Front Porch
  • R. L. Stevenson Elementary School Rated A
  • Cottage
  • Bathtub with Shower

About This Home

As of May 2024

PROPERTY WILL BE DELIVERED 100% VACANT. Renovated and re-listed. Charming Triplex with prime location in the media district of Burbank. Unit mix consists of: 1/1, 1/1, studio/1. BUR4 zoning, with one detached unit in the front, and two additional units in the back and alley parking. There is a shared laundry room under the staircase. Perfectly situated near the major studios, including renowned names like Warner Bros. and Universal. Whether you're an investor or looking for multi-generational living options, this property offers unparalleled flexibility for various living arrangements or rental opportunities. Easy access to studios/production facilities, the Hollywood sign, hiking trails, restaurants and entertainment, and the bustling creative scene.

Last Listed By

Anna Liza Khandamirian

Sync Brokerage, Inc. License #02152586 Listed on: 01/01/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,798

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 2,740 Sq Ft Lot
  • Front Yard

Home Design

  • Cottage
  • Cosmetic Repairs Needed

Interior Spaces

  • 1,479 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights in Kitchen

Kitchen

  • Oven or Range
  • Freezer

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer Hookup

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Outdoor Features

  • Deck
  • Front Porch

Location

  • Ground Level Unit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Cooling System Mounted To A Wall/Window
  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 2482-011-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,798

Year Built

Built in 1953 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Cottage
  • Levels: Ground Level
  • Street Number Display: Yes
  • Alley: Yes
  • Entry Floor: 1
  • Entry Location: Ground Level - no steps
  • Exclusions: Washer/Dryer
  • Living Area: 1479
  • Lot Acreage: 0.0629
  • Probate: No
  • Property Condition: Repair Cosmetic, Updated/Remodeled
  • Stories: 2
  • Year Built: 1953
  • Number Of Photos: 37
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Carpet: 1
  • Number Dishwasher: 0
  • Number Range: 2
  • Number Refrigerator: 2
  • Flooring: Carpet, Wood Laminate, Vinyl Plank, Mixed, Tile
  • Appliances: Gas
  • Bedrooms: 3
  • Bathroom Features: Shower and Tub
  • Kitchen Features: Pantry, Skylight(s), Remodeled
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Equipment: Freezer, Range/Oven, Refrigerator, Ceiling Fan, Stackable W/D Hookup
  • Price Per S Q F T: 743.07

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Patio: Deck(s), Porch - Front
  • Paved: Yes
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Other Spaces: 2
  • Garage Structures: 0
  • Parking Garage: Uncovered, Parking Space
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Cooling: Ceiling Fan, Wall/Window, Window Unit(s), Wall Unit(s)
  • Heating: Wall
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Sewer: In Street
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessor Parcel Number: 2482-011-002
  • Lot Description: 2-4 Lots, Alley Paved, Walk Street, Front Yard
  • Lot Location: Alley Access
  • Lot Size Area: 2740

Rental Info

  • Garage Rental Rate: 0
  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Number Wall A C: 3
  • Total Annual Expense: 0
  • Type Of Units: 3
  • Vacancy Rate: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2024
Closed on
Apr 24, 2024
Sold by
Castle Film Group Inc
Bought by
Barani Garen and Shahijanian Sona
Seller's Agent
Anna Liza Khandamirian
Sync Brokerage, Inc.
Buyer's Agent
Steve Baghoomian
List Price
$1,099,000
Sold Price
$1,085,000
Premium/Discount to List
-$14,000
-1.27%
Total Days on Market
67
Views
3574
Current Estimated Value
$1,100,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,713
Avg. Annual Appreciation
1.37%
Original Mortgage
$759,500
Outstanding Balance
$752,270
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$348,443

Purchase Details

Closed on
Sep 11, 2019
Sold by
Vartal Red Llc
Bought by
Castle Film Group Inc

Purchase Details

Closed on
Jun 21, 2019
Sold by
Prezio Ann Maria
Bought by
Vartal Red Llc

Purchase Details

Closed on
Jul 2, 2004
Sold by
Hanaway Shannon M
Bought by
Prezio Anna Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2001
Sold by
Smith Stephen C
Bought by
Hanaway Shannon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,400
Interest Rate
6.57%

Purchase Details

Closed on
Nov 3, 2000
Sold by
Raskin Edward S and Raskin Beatrice
Bought by
Smith Stephen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,100
Interest Rate
7.86%

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
Barani Garen $1,085,000 Orange Coast Title Company
-- -- Orange Coast Title Company
Castle Film Group Inc $899,000 Lawyers Title
Vartal Red Llc $766,000 Chicago Title
Prezio Anna Maria $525,000 Equity Title Company
Hanaway Shannon M $285,000 Commonwealth Land Title
Smith Stephen C $218,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barani Firm Name Garen $759,500
Previous Owner Castle Film Group Inc $600,000
Previous Owner Prezio Anna Maria $96,000
Previous Owner Prezio Anna Maria $515,000
Previous Owner Prezio Anna Maria $90,000
Previous Owner Prezio Anna Maria $500,000
Previous Owner Prezio Anna Maria $62,500
Previous Owner Prezio Anna Maria $420,000
Previous Owner Hanaway Shannon M $288,000
Previous Owner Hanaway Shannon M $230,400
Previous Owner Smith Stephen C $107,100
Closed Smith Stephen C $100,000
Closed Hanaway Shannon M $28,800
Closed Prezio Anna Maria $78,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $1,085,000 -1.3% $734 / Sq Ft
03/14/2024 03/14/24 For Sale $1,099,000 0.0% $743 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
02/26/2024 02/26/24 Price Changed $1,099,000 -15.1% $743 / Sq Ft
01/01/2024 01/01/24 For Sale $1,295,000 -- $876 / Sq Ft
Source: The MLS

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
2024 $10,798 $963,906 $577,915 $385,991
2023 $10,682 $945,007 $566,584 $378,423
2022 $10,196 $926,478 $555,475 $371,003
2021 $10,159 $908,313 $544,584 $363,729
2020 $10,047 $899,560 $539,000 $360,560
2019 $7,304 $656,570 $599,786 $56,784
2018 $7,228 $643,708 $588,026 $55,682
2016 $6,864 $618,177 $565,194 $52,983
2015 $6,725 $608,893 $556,705 $52,188
2014 $6,718 $596,966 $545,800 $51,166
Source: Public Records

Agents Affiliated with this Home

  • Anna Liza Khandamirian

    Seller's Agent in 2024

    Anna Liza Khandamirian

    Sync Brokerage, Inc.

    (310) 300-7050

    Section Image

  • S

    Buyer's Agent in 2024

    Steve Baghoomian

See All Agents

Map

Source: The MLS

MLS Number: 23-341881

The MLS

APN: 2482-011-002

California Los Angeles County Burbank 91505 Media District

307 N Hollywood Way, Burbank, CA

Homes for Sale in Burbank, CA

This home is located at 307 N Hollywood Way, Burbank, CA 91505 since 01 January 2024 and is currently estimated at $1,100,713, approximately $744 per square foot. This property was built in 1953. 307 N Hollywood Way is a home located in Los Angeles County with nearby schools including R. L. Stevenson Elementary School, Dolores Huerta Middle School, and John Burroughs 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.

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