NOT LISTED FOR SALE

317 E Alameda Ave Burbank, CA 91502

Downtown Burbank Neighborhood

Estimated Value: $2,928,000 - $2,959,868

8 Beds
8 Baths
4,224 Sq Ft
$697/Sq Ft Est. Value

Sale Details

Date Sold: August 8, 2019

Last sale price $2,130,000 $504 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $17,930 / mo

About This Home

Remarkable 8 unit non-rent controlled investment opportunity in Burbank, CA. Three17 Alameda was built in 1954 and is comprised of a (8) 1+1, 5 enclosed garages and 3 additional onsite parking spaces. Situated close to a major signalized corner of Burbank, walk to several shops, restaurants, grocery stores, coffee shops and entertainment destinations. For complete offering memorandum and rent roll, contact listing agent.
** Drive by only. Do not disturb tenants or go on property under any circumstance **

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2019
Closed on
Jul 21, 2019
Sold by
Novotny Gary J and The Novotny Trust
Bought by
Pinfinity Investments Llc and East Alameda Properties Llc
Seller's Agent
Levon Alexanian
Keller Williams World Media Center
Buyer's Agent
Levon Alexanian
Keller Williams World Media Center
List Price
$2,300,000
Sold Price
$2,130,000
Premium/Discount to List
-$170,000
-7.39%
Current Estimated Value
$2,943,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$813,934
Avg. Annual Appreciation
4.90%
Original Mortgage
$1,075,000
Outstanding Balance
$940,044
Interest Rate
3.73%
Mortgage Type
Commercial
Estimated Equity
$2,003,890

Purchase Details

Closed on
Dec 31, 2012
Sold by
Johnson Russell and Johnson Constance
Bought by
Constance & Russel Johnson Revocable Tru

Purchase Details

Closed on
Aug 30, 2012
Sold by
Novotny Gary and Johnson Russell
Bought by
Novotny Gary J and The Novotny Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$821,470
Interest Rate
3.36%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 7, 1996
Sold by
Santos Nilson A and Santos Raymunda F
Bought by
Novotny Gary and Johnson Russell
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
Pinfinity Investments Llc $2,130,000 Fidelity National Title
Constance & Russel Johnson Revocable Tru -- None Available
Novotny Gary J -- Fidelity National Title Co
Novotny Gary -- Old Republic Title
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open Pinfinity Investments Llc $1,075,000
Previous Owner Novotny Gary J $821,470
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2019 08/08/19 Sold $2,130,000 -7.4% $504 / Sq Ft View Prior Sale
05/24/2019 05/24/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $2,300,000 -- $545 / Sq Ft

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 $26,756 $2,329,463 $929,598 $1,399,865
2024 $25,926 $2,283,788 $911,371 $1,372,417
2023 $25,654 $2,239,008 $893,501 $1,345,507
2022 $24,506 $2,195,107 $875,982 $1,319,125
2021 $24,413 $2,152,066 $858,806 $1,293,260
2019 $14,952 $467,195 $280,319 $186,876
2018 $5,764 $458,035 $274,823 $183,212
2016 $5,410 $440,251 $264,152 $176,099
2015 $5,311 $433,639 $260,185 $173,454
2014 $5,350 $425,146 $255,089 $170,057
Source: Public Records

Agents Affiliated with this Home

  • Levon Alexanian

    Seller's Agent in 2019

    Levon Alexanian

    Keller Williams World Media Center

    (818) 219-3366

    21 Total Sales

    Levon Alexanian
    Section Image
See All Agents

Map

California Los Angeles County Burbank 91502 Downtown Burbank

317 E Alameda Ave, Burbank, CA

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.