NOT LISTED FOR SALE

Estimated Value: $988,789 - $1,158,000

1 Bed
3 Baths
1,512 Sq Ft
$708/Sq Ft Est. Value

Last Sold March 22, 2012

Last sale price $365,000 $241 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $6,259/month

67 Days on Market

Highlights

  • Traditional Architecture
  • Cooling Available
  • Wall Furnace
  • R. L. Stevenson Elementary School Rated A

About This Home

As of March 2012

Great Location in Burbank across from NBC and Warner Brother Studios. This 3 unit income property is perfect for an investor. No rent control, Each unit approx. 500 sq ft. Goto 3305Alameda

Last Agent to Sell the Property

Bryan Ochse

Media West Realty,Inc. License #01451724 Listed on: 09/12/2011

Last Buyer's Agent

Darin chase

Better Homes and Gardens Real Estate Town Center License #01176919

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,156

Year Built

  • Built in 1953

Lot Details

  • 2,611 Sq Ft Lot
  • Sprinkler System

Parking

  • On-Street Parking

Home Design

  • 1,512 Sq Ft Home
  • Traditional Architecture
  • Composition Roof
  • Stucco

Utilities

  • Cooling Available
  • Wall Furnace

Additional Features

  • 3 Bathrooms
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 117
  • Tax Tract Number 10134
  • Assessor Parcel Number 2483018405

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $400
  • Gardener Expense $300
  • Insurance Expense $600
  • Water Sewer Expense $500
  • New Taxes Expense $1,000
  • Gross Income $1,800
  • Net Operating Income $22,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,156

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Number: 818-468-2228
  • View: No
  • Water Sewer Expenses: 500.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 300.00
  • Parcel Number: 2483018405
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Levels: One
  • Price Per Square Foot: 241.40

Exterior Features

  • Exterior Features: Lighting
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 2611.00
  • Lot Size Acres: 0.0600

Multi Family

  • Average1 Bed Area: 512
  • Average Studio Area: 500
  • Electric Expense: 400.00
  • Gross Income: 1800.00
  • Gross Scheduled Income: 23700.00
  • Insurance Expense: 600.00
  • Lot Size Area: 2611.0000 Square Feet
  • Net Operating Income: 22200.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 1500.00
  • Rent Control: No
  • Total Actual Rent: 1800.00

Tax Info

  • New Taxes Expense: 1000.00
  • Tax Lot: 117
  • Tax Tract Number: 10134
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2020
Sold by
Farhadians and Yermin
Bought by
Yermin And Baghrat Farhadians Living Trust
Current Estimated Value
$1,069,947

Purchase Details

Listed on
Sep 12, 2011
Closed on
Feb 29, 2012
Sold by
Rigsby Roy B and Rigsby Geraldine M
Bought by
Farhadians Baghrat and Farhadians Yermin
Seller's Agent
Bryan Ochse
Media West Realty,Inc.
Buyer's Agent
Darin chase
Better Homes and Gardens Real Estate Town Center
List Price
$379,000
Sold Price
$365,000
Premium/Discount to List
-$14,000
-3.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%
Original Mortgage
$273,750
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 1994
Sold by
Rigsby Roy B and Rigsby Geraldine M
Bought by
Rigsby Roy B and Rigsby Geraldine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,100
Interest Rate
5.7%
Source: Public Records

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
Yermin And Baghrat Farhadians Living Trust -- None Listed On Document
Farhadians Baghrat $365,000 Advantage Title 365
Rigsby Roy B -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farhadians Baghrat $350,000
Previous Owner Farhadians Baghrat $260,200
Previous Owner Farhadians Baghrat $273,750
Previous Owner Rigsby Roy B $200,000
Previous Owner Rigsby Roy B $207,500
Previous Owner Rigsby Roy B $210,000
Previous Owner Rigsby Roy B $68,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2012 03/22/12 Sold $365,000 -3.7% $241 / Sq Ft
11/18/2011 11/18/11 Pending -- -- --
09/12/2011 09/12/11 For Sale $379,000 -- $251 / Sq Ft
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 $5,156 $458,448 $376,811 $81,637
2024 $5,156 $449,460 $369,423 $80,037
2023 $5,102 $440,648 $362,180 $78,468
2022 $4,872 $432,009 $355,079 $76,930
2021 $4,849 $423,539 $348,117 $75,422
2019 $4,654 $411,519 $337,793 $73,726
2018 $4,586 $403,461 $331,170 $72,291
2016 $4,348 $387,277 $318,311 $68,966
2015 $4,261 $381,461 $313,530 $67,931
2014 $4,265 $373,990 $307,389 $66,601
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: B11120374

California Regional Multiple Listing Service (CRMLS)

APN: 2483-018-405