NOT LISTED FOR SALE

Estimated Value: $1,396,000 - $1,669,759

1 Bed
1 Bath
500 Sq Ft
$3,064/Sq Ft Est. Value

Highlights

  • Corner Lot
  • Granite Countertops
  • Attached Garage
  • Bret Harte Elementary School Rated A
  • No HOA
  • Built-In Features

About This Home

As of February 2021

Welcome to the highly desired city of Burbank, where a brand-new apartment has been constructed and is ready for you to lease! Just above an existing garage, this beautiful 500-SqFt ADU features 1-bedroom, 1-bathroom, and plenty of built-in storage. The open living space and kitchen offers warm laminate flooring, recessed lighting, and a nicely sized windows that offer a nice view of the neighborhood. The kitchen is fully equipped with a stainless-steel stove and refrigerator plus, granite countertops, making every day meal prep a breeze. A large closet with mirrored doors enhances the bedroom while sleek tile and storage enhance the bathroom. With the landlord living in the main house, the lease includes both washer and dryer along with central heating and air conditioning. Please note that landlord will pay for gas & water. Located nearby to Downtown Burbank, Burbank Airport, various markets, and more, this apartment is in an excellent location!

Last Agent to Rent the Property

Taline Soualian

JohnHart Real Estate License #01937721 Listed on: 11/19/2020

JohnHart Real Estate

Last Renter's Agent

Taline Soualian

JohnHart Real Estate License #01937721 Listed on: 11/19/2020

JohnHart Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,805

Year Built

  • Built in 1940

Lot Details

  • 6,761 Sq Ft Lot
  • Wrought Iron Fence
  • Corner Lot
  • Land Lease
  • Property is zoned BUR1*

Interior Spaces

  • 500 Sq Ft Home
  • Built-In Features
  • Recessed Lighting
  • Living Room
  • Dining Room
  • Storage
  • Laminate Flooring

Kitchen

  • Gas Oven
  • Range with Range Hood
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Granite Bathroom Countertops
  • Tile Bathroom Countertop
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Public Parking
  • Parking Available

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • Not Applicable 105 Subdivision

Listing and Financial Details

  • Security Deposit $2,100
  • Rent includes water, gas
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 2437024025

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,805

Year Built

Built in 1940

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 2100
  • Furnished: Unfurnished

Listing Details

  • Assessments: Yes
  • Inclusions: All appliancee: Stove, refrigerator, washer & dryer
  • Property Attached: No
  • Subdivision Name Other: Not Applicable-610
  • View: No
  • Zoning: BUR1*
  • Property Type: Residential Lease
  • Parcel Number: 2437024025
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Living Area: 500.00
  • Interior Amenities: Built-in Features, Recessed Lighting, Storage
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Dining Room
  • Levels: One
  • Price Per Square Foot: 3.60
  • Room Type: Living Room
  • Bathroom Features: Granite Counters, Shower, Tile Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Parking: Yes
  • Parking Features: Public

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator, Free Standing, Gas Oven, Range, Range Hood
  • Heating Type: Central
  • Laundry Features: Dryer Included, Washer Included, Inside
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Land Lease: Yes
  • Land Lease Purchase: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6761.00
  • Lot Size Acres: 0.1552

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 6761.0000 Square Feet
  • Rent Includes: Water, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2020
Sold by
Grigoryan Greta
Bought by
Grigoryan Greta and Greta Grigoryan Revocable Trus
Current Estimated Value
$1,531,940

Purchase Details

Closed on
Feb 15, 2018
Sold by
Olson Rex Michael
Bought by
Grigoryan Greta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Outstanding Balance
$517,648
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,023,896

Purchase Details

Closed on
May 6, 2013
Sold by
Olson Donald Rex
Bought by
Olson Donald Rex and Olson Joan Lee
Source: Public Records

Range of Values:

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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
Grigoryan Greta -- None Available
Grigoryan Greta $951,500 Chicago Title Co
Olson Donald Rex -- None Available
Olson Donald Rex -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grigoryan Greta $616,000
Previous Owner Olson Donald Rex $915,000
Previous Owner Olson Donald Rex $273,255
Previous Owner Olson Donald Rex $0
Previous Owner Olson Donald Rex $175,000
Previous Owner Olson Donald Rex $25,000
Previous Owner Olson Donald Rex $125,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2021 02/24/21 Rented $1,800 0.0% --
01/19/2021 01/19/21 Price Changed $1,800 -10.0% $4 / Sq Ft
12/21/2020 12/21/20 Price Changed $2,000 -4.8% $4 / Sq Ft
11/19/2020 11/19/20 For Rent $2,100 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $13,805 $1,250,880 $772,582 $478,298
2024 $13,805 $1,226,354 $757,434 $468,920
2023 $12,065 $1,061,245 $742,583 $318,662
2022 $11,519 $1,040,437 $728,023 $312,414
2021 $11,475 $1,020,038 $713,749 $306,289
2020 $11,134 $989,940 $706,431 $283,509
2019 $10,796 $970,530 $692,580 $277,950
2018 $2,142 $185,731 $43,067 $142,664
2017 $2,096 $182,090 $42,223 $139,867
2016 $2,013 $178,521 $41,396 $137,125
2015 $1,973 $175,841 $40,775 $135,066
2014 $1,975 $172,398 $39,977 $132,421
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320004082

California Regional Multiple Listing Service (CRMLS)

APN: 2437-024-025