NOT LISTED FOR SALE

Estimated Value: $1,431,000 - $1,944,000

2 Beds
1 Bath
2,500 Sq Ft
$675/Sq Ft Est. Value

Last Sold January 29, 2015

Last sale price $950,000 $380 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $10,398/month

60 Days on Market

Highlights

  • Back Yard
  • Dolores Huerta Middle School Rated A-
  • 1-minute walk to Verdugo Park & Recreation Center

About This Home

As of January 2015

Triplex is located in key Burbank location, close to major TV studios: Disney, Warner Bros., ABC7, NBC4. The property also has renovated kitchens and features hardwood floors. All units have washer/dryer hook ups & garages.

Last Agent to Sell the Property

Chuck Lundie

AOA Commercial Brkrge License #00760901 Listed on: 10/17/2014

Last Buyer's Agent

Mario Acosta

Berkshire Hathaway HomeServices California Properties License #01328908

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,682

Year Built

  • Built in 1944

Lot Details

  • 10,811 Sq Ft Lot
  • 1 Common Wall
  • Back Yard
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 2,500 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 13180
  • Assessor Parcel Number 2480025003

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,750
  • Water Sewer Expense $2,000
  • New Taxes Expense $12,438
  • Gross Income $5,350
  • Net Operating Income $43,387

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,682

Year Built

Built in 1944

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Alley Paved
  • Water Sewer Expenses: 2000.00
  • Property Type: Residential Income
  • Parcel Number: 2480025003
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 380.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Back Yard, 0-1 Unit/Acre
  • Lot Size Sq Ft: 10811.00
  • Lot Size Acres: 0.2480

Multi Family

  • Gross Income: 5350.00
  • Gross Scheduled Income: 64200.00
  • Insurance Expense: 1750.00
  • Lot Size Area: 10811.0000 Square Feet
  • Net Operating Income: 43387.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 20813.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 12438.00
  • Tax Lot: 3
  • Tax Tract Number: 13180
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2020
Sold by
Page Ryan W and Page Marin D
Bought by
Page Ryan and Page Marin
Current Estimated Value
$1,686,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$594,000
Outstanding Balance
$536,949
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,139,429

Purchase Details

Listed on
Oct 17, 2014
Closed on
Jan 6, 2015
Sold by
Wierman Suzanne
Bought by
Page Ryan W and Page Marin D
Seller's Agent
Chuck Lundie
AOA Commercial Brkrge
Buyer's Agent
Mario Acosta
Berkshire Hathaway HomeServices California Properties
List Price
$1,125,000
Sold Price
$950,000
Premium/Discount to List
-$175,000
-15.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$645,301
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2013
Sold by
Wierman Suzanne
Bought by
Wierman Suzanne and Hollingsworth Curtis O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.08%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Page Ryan -- North American Title Company
Page Ryan W $950,000 Lawyers Title
Wierman Suzanne -- Accommodation
Wierman Suzanne -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Page Ryan $594,000
Closed Page Ryan W $645,301
Previous Owner Wierman Suzanne $75,000
Previous Owner Wierman Suzanne $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2015 01/29/15 Sold $950,000 -15.6% $380 / Sq Ft
12/16/2014 12/16/14 Pending -- -- --
10/17/2014 10/17/14 For Sale $1,125,000 -- $450 / 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
2024 $12,682 $1,119,362 $671,617 $447,745
2023 $12,548 $1,097,415 $658,449 $438,966
2022 $11,983 $1,075,898 $645,539 $430,359
2021 $11,935 $1,054,803 $632,882 $421,921
2019 $11,455 $1,023,518 $614,111 $409,407
2018 $11,296 $1,003,450 $602,070 $401,380
2016 $10,729 $964,487 $578,692 $385,795
2015 $1,385 $108,273 $39,549 $68,724
2014 $1,405 $666,010 $399,606 $266,404
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14224787

California Regional Multiple Listing Service (CRMLS)

APN: 2480-025-003