NOT LISTED FOR SALE

Estimated Value: $904,000 - $1,106,162

2 Beds
2 Baths
1,357 Sq Ft
$721/Sq Ft Est. Value

Sale Details

Date Sold: October 22, 2021

Last sale price $850,000 $626 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,094 / mo

31 Days on Market

Highlights

  • Dumbwaiter
  • Wood Flooring
  • Double Pane Windows
  • William McKinley Elementary School Rated A-
  • No HOA
  • Open Patio

About This Home

As of October 2021

This beautifully maintained and rare Duplex located in the Rancho neighborhood of Burbank won't be on the market long! There are 2 units both with 1 bedroom, 1 bathroom and in unit laundry. Both units feature glossy hardwood flooring, baseboard moldings, central AC, and lots of storage space too! Front unit was recently remodeled and has tenant in place paying $1800 a month. The kitchen is equipped with tile countertops and wooden cabinets. The back unit is owner occupied and will be delivered vacant. The Back unit kitchen features granite countertops and wooden cabinets. Additional property features include gorgeous front and back yards, double pane windows, updated plumbing and a 1 car garage. Part of the Burbank School District! Close to the studios Pavilion's, ARCO, LA Equestrian Center and more! This Duplex is the perfect investment property!

Last Agent to Sell the Property

Rafael Gevorkian

JohnHart Real Estate License #01783621 Listed on: 09/13/2021

JohnHart Real Estate

Last Buyer's Agent

Hacob Mkhitarian

Markarian Realty License #02039151

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 3,632 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Back and Front Yard

Parking

  • 1 Car Garage
  • Parking Available

Home Design

  • Property Attached
  • Shingle Roof

Interior Spaces

  • 1,357 Sq Ft Home
  • Double Pane Windows
  • Living Room
  • Wood Flooring

Kitchen

  • Dumbwaiter
  • Gas Oven or Range
  • Gas and Electric Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Gas Dryer Hookup

Outdoor Features

  • Open Patio
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Listing and Financial Details

  • Assessor Parcel Number 2451038036

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Not Applicable 105 Subdivision

Building Details

  • 2 Separate Electric Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

3,632 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: No
  • Inclusions: 2 stoves, 2 refrigerators, 2 dishwashers, 2 washers and 2 dryers.
  • Property Attached: Yes
  • View: No
  • Zoning: BUR4*
  • Property Type: Residential Income
  • Parcel Number: 2451038036
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Dumbwaiter
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 626.38
  • Room Type: Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas & Electric Range, Range Hood, Gas Cooking, Dishwasher, Disposal, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Closet, In Kitchen, Gas Dryer Hookup
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Gutters

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped
  • Lot Size Sq Ft: 3632.00
  • Lot Size Acres: 0.0834

Multi Family

  • Average1 Bed Area: 675
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 3632.0000 Square Feet
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Units Total: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Oct 6, 2021
Sold by
Tsaturyan Violeta
Bought by
Nersisyan Edward
Seller's Agent
Rafael Gevorkian
JohnHart Real Estate
Buyer's Agent
Hacob Mkhitarian
Markarian Realty
List Price
$800,000
Sold Price
$850,000
Premium/Discount to List
$50,000
6.25%
Current Estimated Value
$978,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,291
Avg. Annual Appreciation
3.22%

Purchase Details

Closed on
Nov 19, 2008
Sold by
Cruz Emilio Louis
Bought by
Day Sharon Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2004
Sold by
Hakian Frederick and Golnazarian Adrine
Bought by
Cruz Emilio Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
4.09%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 11, 2002
Sold by
Williams Leonard and Williams Patricia
Bought by
Hakian Frederick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,600
Interest Rate
6.74%

Purchase Details

Closed on
Sep 29, 1999
Sold by
Petersen Trust Petersen Kenneth P Trs Rita and Kenneth Petersen Survivors Tru
Bought by
Williams Leonard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,350
Interest Rate
4.9%

Purchase Details

Closed on
Jul 7, 1999
Sold by
Petersen Trust Petersen Kenneth P Trs Rita and Petersen Dale Leigh
Bought by
Petersen Kenneth P and The Kenneth Petersen Survivors Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nersisyan Edward -- New Title Company Name
Day Sharon Lee -- Stewart Title Of Ca Inc
Cruz Emilio Louis $450,000 Gateway Title Company
Hakian Frederick $327,000 Southland Title
Williams Leonard $192,500 Lawyers Title Company
Petersen Kenneth P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Day Sharon Lee $344,000
Previous Owner Cruz Emilio Louis $305,000
Previous Owner Hakian Frederick $261,600
Previous Owner Williams Leonard $144,350
Closed Hakian Frederick $49,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2021 10/22/21 Sold $850,000 +6.3% $626 / Sq Ft
09/13/2021 09/13/21 For Sale $800,000 0.0% $590 / Sq Ft
02/09/2021 02/09/21 Rented $1,800 0.0% --
01/29/2021 01/29/21 For Rent $1,800 +24.1% --
06/29/2012 06/29/12 Rented $1,450 -6.5% --
06/29/2012 06/29/12 Under Contract -- -- --
04/30/2012 04/30/12 For Rent $1,550 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,907 $902,026 $636,724 $265,302
2024 $9,907 $884,340 $624,240 $260,100
2023 $9,801 $867,000 $612,000 $255,000
2022 $9,355 $850,000 $600,000 $250,000
2021 $6,588 $591,070 $354,643 $236,427
2019 $6,319 $573,540 $344,125 $229,415
2018 $6,243 $562,295 $337,378 $224,917
2016 $5,924 $540,462 $324,278 $216,184
2015 $5,803 $532,345 $319,408 $212,937
2014 $5,792 $521,918 $313,152 $208,766
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320007465

California Regional Multiple Listing Service (CRMLS)

APN: 2451-038-036

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