NOT LISTED FOR SALE

Estimated Value: $2,169,000 - $2,507,000

9 Beds
6 Baths
4,416 Sq Ft
$524/Sq Ft Est. Value

Last Sold November 05, 2023

Last sale price $2,075,000 $470 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $14,603/month

20 Days on Market

Highlights

  • Lawn
  • No HOA
  • Bike Trail
  • Walt Disney Elementary School Rated A
  • Laundry Room

About This Home

As of November 2023

This home is located at 440 N Lomita St, Burbank, CA 91506 since 13 September 2023 and is currently estimated at $2,312,629, approximately $523 per square foot. This property was built in 1989. 440 N Lomita St is a home located in Los Angeles County with nearby schools including Walt Disney Elementary School, Dolores Huerta Middle School, and John Burroughs High School.

Last Agent to Sell the Property

Randy Rohrer

Pacific West Business Prop Inc License #00672287 Listed on: 09/13/2023

Last Buyer's Agent

Anush Kirakosyan

Keller Williams R. E. Services License #02178991

Keller Williams R. E. Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,288

Year Built

  • Built in 1989

Lot Details

  • 6,729 Sq Ft Lot
  • 1 Common Wall
  • Lawn

Home Design

  • Apartment

Interior Spaces

  • 4,416 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Parking

  • 8 Parking Spaces
  • 8 Carport Spaces

Listing and Financial Details

  • Tax Lot 64
  • Tax Tract Number 8176
  • Assessor Parcel Number 2449017020
  • $505 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Valley

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,224
  • Insurance Expense $2,047
  • Trash Expense $1,530
  • Water Sewer Expense $2,224
  • Operating Expense $62,043
  • Gross Income $117,886
  • Net Operating Income $58,109

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,288

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Other Phone Description: 818.624.1180
  • Price Per Unit: 575000
  • Property Attached: Yes
  • Water Sewer Expenses: 2224.00
  • Zoning: BUR3*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 2449017020
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Front & Side
  • Common Walls: 1 Common Wall
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 469.88

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1530.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 6729.00
  • Lot Size Acres: 0.1545

Multi Family

  • Electric Expense: 2224.00
  • Gross Income: 117886.00
  • Gross Scheduled Income: 117886.00
  • Insurance Expense: 2047.00
  • Lot Size Area: 6729.0000 Square Feet
  • Net Operating Income: 58109.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 62043.00
  • Rent Control: No
  • Total Expenses: 62043.00

Tax Info

  • Tax Census Tract: 3108.00
  • Tax Lot: 64
  • Tax Tract Number: 8176
  • TaxOtherAnnualAssessmentAmount: 505.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Oct 11, 2023
Sold by
Barragan Cafe
Bought by
Harutyunyan Davit and Harutyunyan Rina
Seller's Agent
Randy Rohrer
Pacific West Business Prop Inc
Buyer's Agent
Anush Kirakosyan
Keller Williams R. E. Services
List Price
$2,300,000
Sold Price
$2,075,000
Premium/Discount to List
-$225,000
-9.78%
Views
8
Current Estimated Value
$2,312,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,629
Avg. Annual Appreciation
3.32%

Purchase Details

Closed on
Sep 25, 2019
Sold by
Rubinfeld Nathan W and Rubinfeld Alma
Bought by
Barragan Cafe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 27, 2003
Sold by
The Rubinfield Family Lp
Bought by
Rubinfield Nathan W and Rubinfield Alma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
6.4%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 5, 2002
Sold by
Rubinfeld Nat and Rubinfeld Alma
Bought by
The Rubinfeld Family Ltd Partnership

Purchase Details

Closed on
Jan 23, 2002
Sold by
Metallinos Constantine V and Metallinos M
Bought by
Rubinfeld Nat and Rubinfeld Alma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,125
Interest Rate
7.13%
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
Harutyunyan Davit $2,075,000 Chicago Title Company
Barragan Cafe $1,948,000 North American Title Company
Rubinfield Nathan W -- Chicago Title Co
The Rubinfeld Family Ltd Partnership -- Chicago Title Co
Rubinfeld Nat $585,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barragan Cafe $100,000
Previous Owner Barragan Cafe $100,000
Previous Owner Rubinfeld Nathan W $801,000
Previous Owner Rubinfeld Nathan W $399,450
Previous Owner Rubinfield Nathan W $455,000
Previous Owner Rubinfeld Nat $439,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2023 11/05/23 Sold $2,075,000 -9.8% $470 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
09/13/2023 09/13/23 For Sale $2,300,000 -- $521 / 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 $23,288 $2,116,500 $1,020,000 $1,096,500
2024 $23,288 $2,075,000 $1,000,000 $1,075,000
2023 $23,189 $2,047,694 $1,051,178 $996,516
2022 $22,138 $2,007,544 $1,030,567 $976,977
2021 $22,049 $1,968,181 $1,010,360 $957,821
2019 $11,318 $1,001,792 $535,310 $466,482
2018 $11,165 $982,150 $524,814 $457,336
2016 $10,579 $944,014 $504,436 $439,578
2015 $10,367 $929,835 $496,859 $432,976
2014 $10,354 $911,622 $487,127 $424,495
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD23171708

California Regional Multiple Listing Service (CRMLS)

APN: 2449-017-020