NOT LISTED FOR SALE

509 N California St Burbank, CA 91505

Media District Neighborhood

Estimated Value: $1,132,000 - $1,480,057

3 Beds
1 Bath
1,036 Sq Ft
$1,223/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $790,000 $763 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $7,696/month

30 Days on Market

Highlights

  • In Ground Pool
  • Private Yard
  • Neighborhood Views
  • R. L. Stevenson Elementary School Rated A
  • No HOA
  • 3-minute walk to Verdugo Park & Recreation Center

About This Home

As of September 2019

Huge opportunity for an investor! The current home is approximately 1,036 square feet with 3 bedrooms and 1 bathroom. This home sits on a large lot which is approximately 8,487 square feet. Detached garage, and in-ground pool. The property is located in one of the most desirable neighborhoods of Burbank, CA. It is located just North of The Burbank Studios (Warner Bros.) and Walt Disney Studios. It is walking distance from Robert Louis Stevenson Elementary School, a spectacular school which is part of the Burbank Unified School District.

Last Agent to Sell the Property

Mark Reynolds

Ally Commercial Real Estate License #01939591 Listed on: 07/22/2019

Last Buyer's Agent

Thomas Atamian

Compass License #01739307

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,544

Year Built

  • Built in 1947

Lot Details

  • 8,487 Sq Ft Lot
  • Private Yard
  • Value in Land
  • Tear Down
  • Property is zoned BUR1YY

Parking

  • 1 Car Garage
  • Detached Carport Space
  • Driveway Level
  • On-Street Parking

Home Design

  • Common Roof

Interior Spaces

  • 1,036 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Septic Type Unknown
  • Phone Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 179
  • Tax Tract Number 14018
  • Assessor Parcel Number 2483005023

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,544

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Agent's Cell
  • Other Phone Number: 214-938-9875
  • Property Attached: No
  • View: Yes
  • Zoning: BUR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2483005023
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1036.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 762.55
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Features: Private, Fenced, In Ground
  • Pool Private: Yes
  • Roof: Common Roof

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking Features: Detached Carport, Driveway, Asphalt, Paved, Driveway Level, Street
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Storm Drains, Street Lights

Schools

  • School District: Burbank Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Tear Down, Value In Land, Yard
  • Lot Size Sq Ft: 8487.00
  • Lot Size Acres: 0.1948

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8487.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 3115.00
  • Tax Lot: 179
  • Tax Tract Number: 14018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2023
Sold by
Ortega Rafael and Ortega Heather
Bought by
Rafael & Heather Ortega Family Trust
Current Estimated Value
$1,266,514

Purchase Details

Listed on
Jul 22, 2019
Closed on
Aug 23, 2019
Sold by
Stern Matthew Craig and The Jack Stern Living Trust
Bought by
Ortega Rafael and Ortega Heather
Seller's Agent
Mark Reynolds
Ally Commercial Real Estate
Buyer's Agent
Thomas Atamian
Compass
List Price
$815,000
Sold Price
$790,000
Premium/Discount to List
-$25,000
-3.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%
Original Mortgage
$750,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2018
Sold by
Stern Jack Craig
Bought by
Stern Jack Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,235
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2006
Sold by
Stern Jack Craig
Bought by
The Jack Stern Living Trust

Purchase Details

Closed on
Nov 29, 2005
Sold by
Stern Bruce Terry
Bought by
Stern Jack Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.35%
Mortgage Type
New Conventional
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
Rafael & Heather Ortega Family Trust -- None Listed On Document
Ortega Rafael $790,000 Lawyers Title Co
Stern Jack Craig -- Title Source
Stern Jack Craig -- None Available
The Jack Stern Living Trust -- None Available
Stern Jack Craig -- Gateway
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ortega Heather $40,000
Previous Owner Ortega Rafael $750,500
Previous Owner Stern Jack Craig $293,235
Previous Owner Stern Jack Craig $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2019 09/20/19 Sold $790,000 -3.1% $763 / Sq Ft
08/21/2019 08/21/19 Pending -- -- --
07/22/2019 07/22/19 For Sale $815,000 -- $787 / 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 $9,544 $863,974 $691,181 $172,793
2024 $9,544 $847,034 $677,629 $169,405
2023 $9,443 $830,427 $664,343 $166,084
2022 $9,015 $814,145 $651,317 $162,828
2021 $8,984 $798,183 $638,547 $159,636
2019 $4,226 $375,777 $323,121 $52,656
2018 $4,109 $368,410 $316,786 $51,624
2016 $3,897 $354,106 $304,486 $49,620
2015 $3,818 $348,788 $299,913 $48,875
2014 $3,813 $341,957 $294,039 $47,918
Source: Public Records

Agents Affiliated with this Home

  • Mark Reynolds

    Seller's Agent in 2019

    Mark Reynolds

    Ally Commercial Real Estate

    (214) 938-9875

    2 Total Sales

    Mark Reynolds
    Section Image
  • Thomas Atamian

    Buyer's Agent in 2019

    Thomas Atamian

    Compass

    (818) 235-6325

    86 Total Sales

    Thomas Atamian
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19174656

California Regional Multiple Listing Service (CRMLS)

APN: 2483-005-023

California Los Angeles County Burbank 91505 Media District

509 N California St, Burbank, CA

This home is located at 509 N California St, Burbank, CA 91505 since 22 July 2019 and is currently estimated at $1,266,514, approximately $1,222 per square foot. This property was built in 1947. 509 N California St is a home located in Los Angeles County with nearby schools including R. L. Stevenson Elementary School, Dolores Huerta Middle School, and John Burroughs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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