NOT LISTED FOR SALE

40 E Verdugo Ave Burbank, CA 91502

Downtown Burbank Neighborhood

Estimated Value: $16,043,226

-- Bed
-- Bath
23,744 Sq Ft
$676/Sq Ft Est. Value

About This Home

This home is located at 40 E Verdugo Ave, Burbank, CA 91502 and is currently estimated at $16,043,226, approximately $675 per square foot. 40 E Verdugo Ave is a home located in Los Angeles County with nearby schools including Joaquin Miller Elementary School, John Muir Middle School, and Burbank High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2022
Sold by
Lion Westmoreland Property Owner Llc
Bought by
Shwh Delaware Llc
Current Estimated Value
$16,043,226

Purchase Details

Closed on
Jun 27, 2019
Sold by
Lion Westmoreland Apt Llc
Bought by
Lion Westmoreland Property Owner Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2015
Sold by
Credit Management Association
Bought by
Lion Westmoreland Apt Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,140,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Shwh Delaware Llc $14,200,000 Fidelity National Title
Lion Westmoreland Property Owner Llc -- Chicago Title
Lion Westmoreland Apt Llc $6,000,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lion Westmoreland Property Owner Llc $8,000,000
Previous Owner Lion Westmoreland Apt Llc $6,140,000
Source: Public Records

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 $165,413 $14,773,680 $8,843,400 $5,930,280
2024 $165,413 $14,484,000 $8,670,000 $5,814,000
2023 $163,683 $14,200,000 $8,500,000 $5,700,000
2022 $78,537 $6,693,110 $4,462,074 $2,231,036
2021 $78,170 $6,561,874 $4,374,583 $2,187,291
2019 $75,186 $6,367,248 $4,244,832 $2,122,416
2018 $73,983 $6,242,400 $4,161,600 $2,080,800
2016 $66,908 $6,000,000 $4,000,000 $2,000,000
2015 $61,947 $5,576,958 $2,011,027 $3,565,931
2014 $61,791 $5,467,714 $1,971,634 $3,496,080
Source: Public Records

Map

California Los Angeles County Burbank 91502 Downtown Burbank

40 E Verdugo Ave, Burbank, CA

Not Listed for Sale

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