NOT LISTED FOR SALE

Estimated Value: $1,149,000 - $1,324,034

3 Beds
3 Baths
1,272 Sq Ft
$945/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2023

Last sale price $1,200,000 $943 Per Sq Ft

Current estimated payment $7,758 / mo

31 Days on Market

Highlights

  • Wood Flooring
  • Built-In Features
  • Shed
  • Hutchens Elementary School Rated 10
  • Air Conditioning
  • Central Heating

About This Home

As of July 2023

Nestled on a treelined street in the heart of Burbank's Magnolia Park is this one of kind duplex oozing with character and charm. Originally built in 1927 this quintessential creative retreat sits on a 6,705sf lot zoned Bur3 and is comprised of multiple structures allowing for a variety of uses and future development. The front house has approx 964 sf of living space and includes 2 bedrooms, one of which boasts a large walk-in closet, 1 bathroom that has been tastefully remodeled with an extra large shower finished with subway and mosaic tiles, a sizable living room with period details including a beautiful stained glass window, a custom Spanish style front door, and crown moldings. The large eat in-in kitchen has been updated and includes stainless steel appliances yet it retains the charm of years past thanks to the restored O'Keefe & Merritt stove, subway tile backsplash, and vintage checkerboard floors. Adjacent to the kitchen is a large covered back patio that overlooks the elaborate garden that is a true oasis. Additional features in the main residence include a new HVAC system, new roof, period light fixtures, and front loading washer & dryer to name a few. The cozy 1 bedroom, 1 bathroom Cottage (back house) has approx 308sf of living space and includes a kitchen with a breakfast nook and an O'Keefe & Merritt stove, hardwood floors, and period light fixtures. Adjacent to the back house is a Guest Studio (converted garage) that includes a 3/4 bathroom and a small kitchen all of which are not included in the recorded square footage and measures approx 289sf. There are 2 additional structures including a large bonus studio that could serve as a gym or creative workspace as well as a railroad style double height shed that is perfect for a workshop or additional storage space. What truly makes this one of a kind offering shine is the magical garden which serves as the property's centerpiece. The carefully curated landscaping is sectioned off allowing for each structure to enjoy their own outdoor areas and includes a bevy of fruit trees and exotic plants that blend seamlessly with the tasteful touches that highlights 20 years of the sellers collecting including a large fountain, statuettes, and other artifacts. An opportunity this unique rarely presents itself and has to be seen in person to truly grasp how special and versatile this property is. DELIVERED FULLY VACANT - **ZONED BUR 3**

Last Agent to Sell the Property

David Lukan

Compass License #01873011 Listed on: 05/30/2023

Compass

Last Buyer's Agent

Jhon Cordova

Luxury Collective License #01817265

Range of Values:

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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 Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 6,705 Sq Ft Lot
  • Property is zoned BUR3*

Interior Spaces

  • 1,272 Sq Ft Home
  • 1-Story Property
  • Built-In Features

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway

Outdoor Features

  • Shed

Utilities

  • Air Conditioning
  • Central Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2449-021-014

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

6,705 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Exclusions: 2 O'Keefe & Merritt stoves.
  • Living Area: 1272
  • Lot Acreage: 0.1539
  • Stories: 1
  • Year Built: 1948
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Common Walls: Detached/No Common Walls
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Built-Ins, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 863.99

Exterior Features

  • Other Structures: Shed(s), Accessory Bldgs

Garage/Parking

  • Other Spaces: 4
  • Parking Garage: Driveway
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 45.70
  • Assessed Improvement Value: 164019
  • Assessed Land Percent: 54.3
  • Assessed Land Value: 194886
  • Total Assessed Value: 358905
  • Assessor Parcel Number: 2449-021-014
  • Lot Size Area: 6705

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: Detached

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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
May 30, 2023
Closed on
Jul 19, 2023
Sold by
Bought by
Seller's Agent
David Lukan
Compass
Buyer's Agent
Jhon Cordova
Luxury Collective
List Price
$1,099,000
Sold Price
$1,200,000
Premium/Discount to List
$101,000
9.19%
Views
266
Current Estimated Value
$1,202,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,009
Avg. Annual Appreciation
0.05%
Original Mortgage
$840,000
Outstanding Balance
$811,805
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$390,204

Purchase Details

Closed on
Apr 12, 2003
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
$255,000
Interest Rate
5.72%

Purchase Details

Closed on
Feb 5, 2002
Sold by
Bought by

Purchase Details

Closed on
Jun 15, 2001
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
$188,000
Interest Rate
7.26%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Chandler Park, CA

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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
$1,200,000 Provident Title Company
-- Chicago Title Co
-- Chicago Title Co
-- --
$235,000 Old Republic Title
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 $840,000
Previous Owner $25,000
Previous Owner $212,400
Previous Owner $255,000
Previous Owner $47,000
Previous Owner $47,000
Previous Owner $188,000
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
07/31/2023 07/31/23 Sold $1,200,000 +9.2% $943 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
05/30/2023 05/30/23 For Sale $1,099,000 -- $864 / Sq Ft
Source: The MLS

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 $13,812 $1,224,000 $877,200 $346,800
2024 $13,367 $1,200,000 $860,000 $340,000
2023 $4,249 $366,082 $198,783 $167,299
2022 $4,058 $358,905 $194,886 $164,019
2021 $4,038 $351,868 $191,065 $160,803
2020 $3,993 $348,261 $189,106 $159,155
2019 $3,876 $341,434 $185,399 $156,035
2018 $3,823 $334,740 $181,764 $152,976
2016 $3,625 $321,743 $174,706 $147,037
2015 $3,552 $316,911 $172,082 $144,829
2014 $3,554 $310,704 $168,712 $141,992
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-250637

The MLS

APN: 2449-021-014

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