NOT LISTED FOR SALE

367 N Hollywood Way Burbank, CA 91505

Media District Neighborhood

Estimated Value: $916,602 - $1,142,000

3 Beds
3 Baths
992 Sq Ft
$1,061/Sq Ft Est. Value

Last Sold March 03, 2016

Last sale price $552,000 $556 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $6,187/month

14 Days on Market

About This Home

As of March 2016

Investors here's your chance to own a Burbank income property in a prime location with no rent control!! These 3 cute studio units are located close to studios, shopping and freeways. Two units have been recently updated. Laundry room and storage on site. Three parking spaces. Please do not disturb occupants!

Last Agent to Sell the Property

Lauri Trapp

Lauri Trapp License #01265988 Listed on: 01/08/2016

Last Buyer's Agent

Lauri Trapp

Lauri Trapp License #01265988 Listed on: 01/08/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,212

Year Built

  • Built in 1954

Lot Details

  • 2,665 Sq Ft Lot

Parking

  • 3 Parking Spaces

Home Design

  • 992 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 2482-011-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,212

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 992
  • Year Built: 1954
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Refrigerator
  • Price Per S Q F T: 529.23

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Parking Space
  • Total Parking: 3

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 5911
  • Assessed Land Value: 354898
  • Assessor Parcel Number: 2482-011-016
  • Geocode Override: No
  • Lot Size Area: 2665

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Total Annual Expense: 5692
  • Type Of Units: Triplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2016
Closed on
Feb 25, 2016
Sold by
Franklin Holdings Llc
Bought by
Walker Afri Gary Charles
Seller's Agent
Lauri Trapp
Lauri Trapp
Buyer's Agent
Lauri Trapp
Lauri Trapp
List Price
$525,000
Sold Price
$552,000
Premium/Discount to List
$27,000
5.14%
Total Days on Market
14
Current Estimated Value
$1,052,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500,651
Avg. Annual Appreciation
6.86%
Original Mortgage
$414,000
Outstanding Balance
$333,797
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$685,839

Purchase Details

Closed on
Oct 30, 2007
Sold by
Hanson Thomas and Hanson Moira
Bought by
Franklin Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Interest Rate
8.03%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 25, 2003
Sold by
Gonzalez Alfredo and Gonzalez Gemma
Bought by
Hanson Thomas and Hanson Moira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
4.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2002
Sold by
Garcia Ana
Bought by
Gonzalez Alfredo and Gonzalez Gemma

Purchase Details

Closed on
Nov 16, 2001
Sold by
Glaimo Robert F
Bought by
Glaimo Robert F and Glaimo Gary

Purchase Details

Closed on
Nov 8, 2001
Sold by
Gomez Amador
Bought by
Garcia Ana
Source: Public Records

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Range of Values:

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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
Walker Afri Gary Charles $552,000 Western Resources Title Co
Franklin Holdings Llc -- Act
Hanson Thomas $305,000 Investors Title Company
Gonzalez Alfredo -- --
Glaimo Robert F $80,500 Southland Title Company
Garcia Ana -- Southland Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Afri Gary Charles $414,000
Previous Owner Franklin Holdings Llc $211,000
Previous Owner Hanson Thomas $367,500
Previous Owner Hanson Thomas $244,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2016 03/03/16 Sold $552,000 +5.1% $556 / Sq Ft
01/22/2016 01/22/16 Pending -- -- --
01/08/2016 01/08/16 For Sale $525,000 -- $529 / 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 $7,212 $640,639 $385,312 $255,327
2023 $7,136 $628,078 $377,757 $250,321
2022 $6,811 $615,763 $370,350 $245,413
2021 $6,786 $603,690 $363,089 $240,601
2019 $6,511 $586,085 $352,320 $233,765
2018 $6,439 $574,600 $345,412 $229,188
2016 $4,094 $366,311 $360,310 $6,001
2015 $4,011 $360,809 $354,898 $5,911
2014 $4,016 $353,743 $347,947 $5,796
Source: Public Records

Agents Affiliated with this Home

  • Lauri Trapp

    Seller's Agent in 2016

    Lauri Trapp

    Lauri Trapp

    (818) 321-8107

    2 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 16-970129

The MLS

APN: 2482-011-016

California Los Angeles County Burbank 91505 Media District

367 N Hollywood Way, Burbank, CA

This home is located at 367 N Hollywood Way, Burbank, CA 91505 since 08 January 2016 and is currently estimated at $1,052,651, approximately $1,061 per square foot. This property was built in 1954. 367 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.

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