Seller's Agent in 2018
Jim Tripodes
COMPASS
(626) 202-9444
75 Total Sales
355 W Cedar Ave Burbank, CA 91506
Rancho Adjacent NeighborhoodEstimated Value: $1,175,000 - $1,582,906
4
Beds
2
Baths
2,180
Sq Ft
$647/Sq Ft
Est. Value
Highlights
- Solar Power System
- Property is near public transit
- Wood Flooring
- William McKinley Elementary School Rated A-
- Wooded Lot
- Spanish Architecture
About This Home
As of November 2018Classic Spanish duplex located in the highly desirable Rancho District of Burbank. Designed with a very functional open floor plan, the units are perfect for entertaining, as well as for privacy, with all bedrooms situated toward the rear of the dwelling. This quintessential Southern California side-by-side duplex was constructed in 1929 and built to last. Owner occupied in both units, the Sellers have meticulously renovated the property, investing over $115,000 into upgrades since 2013. Valuable systems improvements over the last 5 years include: installation of a fully-owned solar panel system (not leased), central HVAC systems, and water heaters for both units. Cosmetic improvements include: new exterior paint, new Spanish tile roof, new portions of concrete driveway, hardwood floors, remodeled bathrooms, upgraded kitchens, and stainless steel appliances in both units. The nearly 8,000 SF lot provides for a wide & deep backyard. The expansive backyard is beautifully landscaped, offering a chance to relax under the pergola or have BBQ’s with friends. This is a rare opportunity to purchase a turnkey duplex in a great neighborhood of Burbank, ideal for an investor or owner occupant. Lease out both units for income, or live in one and rent the other.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1929 | Remodeled
Lot Details
- 7,933 Sq Ft Lot
- 1 Common Wall
- Southeast Facing Home
- Partially Fenced Property
- Wood Fence
- Block Wall Fence
- Landscaped
- Rectangular Lot
- Level Lot
- Front Yard Sprinklers
- Wooded Lot
- Private Yard
- Lawn
- Back and Front Yard
- Density is up to 1 Unit/Acre
Home Design
- Spanish Architecture
- Property Attached
- Entry on the 1st floor
- Turnkey
- Flat Roof Shape
- Raised Foundation
- Spanish Tile Roof
- Rolled or Hot Mop Roof
- Copper Plumbing
- Stucco
Interior Spaces
- 2,180 Sq Ft Home
- 1-Story Property
- Recessed Lighting
- Double Pane Windows
- Entryway
- Living Room
- Wood Flooring
Kitchen
- Gas Range
- Microwave
- Dishwasher
- Tile Countertops
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Stacked Washer and Dryer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 2 Parking Spaces
- 2 Detached Carport Spaces
- Parking Available
- Side by Side Parking
- Shared Driveway
- Paved Parking
Eco-Friendly Details
- Grid-tied solar system exports excess electricity
- Solar Power System
- Solar owned by seller
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Property is near public transit
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Overhead Utilities
- Natural Gas Connected
- ENERGY STAR Qualified Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 18
- Tax Tract Number 4218
- Assessor Parcel Number 2451025012
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $576
- Fuel Expense $420
- Gardener Expense $540
- Insurance Expense $977
- Trash Expense $432
- Water Sewer Expense $1,008
- New Taxes Expense $12,166
- Operating Expense $16,119
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 8, 2018
Closed on
Nov 1, 2018
Sold by
Bought by
Seller's Agent
Jim Tripodes
COMPASS
Buyer's Agent
Timothy Benoit
Keller Williams Realty World Media Center
List Price
$1,089,000
Sold Price
$1,120,000
Premium/Discount to List
$31,000
2.85%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,477
Avg. Annual Appreciation
3.09%
Original Mortgage
$728,000
Outstanding Balance
$640,129
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$769,348
Purchase Details
Listed on
Oct 25, 2012
Closed on
Jan 29, 2013
Sold by
Bought by
Seller's Agent
Cliff Uzan
Uzan Realty
Buyer's Agent
James Tripodes
List Price
$675,000
Sold Price
$615,000
Premium/Discount to List
-$60,000
-8.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%
Original Mortgage
$492,000
Interest Rate
3.33%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 25, 2012
Closed on
Jan 27, 2013
Sold by
Bought by
Seller's Agent
Cliff Uzan
Uzan Realty
Buyer's Agent
James Tripodes
List Price
$675,000
Sold Price
$615,000
Premium/Discount to List
-$60,000
-8.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
3.33%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 17, 2012
Sold by
Bought by
Purchase Details
Closed on
Nov 9, 2008
Sold by
Bought by
Purchase Details
Closed on
Oct 15, 2008
Sold by
Bought by
Purchase Details
Closed on
Jan 8, 2008
Sold by
Bought by
Purchase Details
Closed on
Dec 11, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,200
Interest Rate
8.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 5, 2006
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $1,120,000 | Chicago Title Company | ||
| -- | Stewart Title Company | ||
| $615,000 | Stewart Title Company | ||
| $499,500 | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| $699,000 | New Century Title Company | ||
| -- | None Available |
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 | $728,000 | ||
| Previous Owner | $492,000 | ||
| Previous Owner | $559,200 |
Source: Public Records
Property 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 | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/29/2018 11/29/18 | Sold | $1,120,000 | +2.8% | $514 / Sq Ft | |
| 10/25/2018 10/25/18 | Pending | -- | -- | -- | |
| 10/08/2018 10/08/18 | For Sale | $1,089,000 | +77.1% | $500 / Sq Ft | |
| 01/31/2013 01/31/13 | Sold | $615,000 | -8.9% | $282 / Sq Ft | View Prior Sale |
| 12/24/2012 12/24/12 | Pending | -- | -- | -- | |
| 10/25/2012 10/25/12 | For Sale | $675,000 | -- | $310 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax 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.
| 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 | $14,204 | $1,249,376 | $747,395 | $501,981 |
| 2024 | $13,801 | $1,224,880 | $732,741 | $492,139 |
| 2023 | $13,655 | $1,200,864 | $718,374 | $482,490 |
| 2022 | $13,037 | $1,177,319 | $704,289 | $473,030 |
| 2021 | $12,988 | $1,154,235 | $690,480 | $463,755 |
| 2020 | $12,846 | $1,142,400 | $683,400 | $459,000 |
| 2019 | $12,463 | $1,120,000 | $670,000 | $450,000 |
| 2018 | $7,523 | $665,587 | $395,023 | $270,564 |
| 2016 | $7,137 | $639,743 | $379,685 | $260,058 |
| 2015 | $6,993 | $630,134 | $373,982 | $256,152 |
| 2014 | $6,981 | $617,792 | $366,657 | $251,135 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Tripodes
-
Timothy Benoit
Buyer's Agent in 2018
Timothy Benoit
Keller Williams Realty World Media Center
(818) 533-8211
9 in this area
31 Total Sales
-
Cliff Uzan
Seller's Agent in 2013
Cliff Uzan
Uzan Realty
(310) 704-5653
8 Total Sales
-
J
Buyer's Agent in 2013
James Tripodes
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PF18241505
APN: 2451-025-012
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.
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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