NOT LISTED FOR SALE

515 N Lomita St Burbank, CA 91506

Chandler Park Neighborhood

Estimated Value: $1,373,046

5 Beds
2 Baths
2,331 Sq Ft
$589/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $1,000,006 $429 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $8,855/month

13 Days on Market

Highlights

  • All Bedrooms Downstairs
  • English Architecture
  • Wood Flooring
  • Walt Disney Elementary School Rated A
  • Cathedral Ceiling
  • Attic

About This Home

As of March 2018

Two parcels sold together! 7,049sqft. (Apn:2449-018-006)& 3,481sqft. (Apn: 2449-018-007) Cute English Tudor with back house! Main house features 3 bedrooms and has gorgeous curb appeal. The second house on the property is a 2 bedroom, completely updated. Features include remodeled kitchen with stainless steel appliances, living room with fireplace, individual laundry rooms for each home, hardwood floors, vaulted ceilings, lots of storage and covered patio. Property is only minutes from Downtown Burbank and the Chandler bike path! This property features a HUGE LOT for builders, it is an investors dream!

Last Agent to Sell the Property

Chris Hertz

Media West Realty,Inc. License #01910839 Listed on: 01/29/2018

Co-Listed By

Willie Hertz

Media West Realty,Inc. License #01908659

Last Buyer's Agent

Jackie Ovsepyan

Coldwell Banker Realty License #01363033

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,269

Year Built

  • Built in 1945

Lot Details

  • 10,530 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • English Architecture

Interior Spaces

  • 2,331 Sq Ft Home
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Center Hall
  • Wood Flooring
  • Laundry Room
  • Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Central Air

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 6022
  • Assessor Parcel Number 2449018006

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Trash Expense $1,800
  • Operating Expense $1,608
  • Net Operating Income $48,472

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,269

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Zoning: BUR3*
  • Architectural Style: English
  • Property Type: Residential Income
  • Parcel Number: 2449018006
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Pantry
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 429.00
  • Room Type: All Bedrooms Down, Attic, Center Hall, Kitchen, Laundry, Living Room

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, 2-5 Units/Acre, Back Yard, Front Yard, Lawn, Lot 10000-19999 Sqft, Walkstreet, Yard
  • Lot Size Sq Ft: 10530.00

Multi Family

  • Gross Scheduled Income: 64560.00
  • Insurance Expense: 1800.00
  • Net Operating Income: 48472.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1088.00
  • Rent Control: No
  • Total Expenses: 1608.00

Tax Info

  • Tax Census Tract: 3108.00
  • Tax Lot: 17
  • Tax Tract Number: 6022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2018
Closed on
Feb 16, 2018
Sold by
Blanton Charles and Blanton Dawn
Bought by
Johal Charanjit S and Johal Harkesh K
Seller's Agent
Chris Hertz
Media West Realty,Inc.
Buyer's Agent
Jackie Ovsepyan
Coldwell Banker Realty
List Price
$975,000
Sold Price
$1,000,006
Premium/Discount to List
$25,006
2.56%
Current Estimated Value
$1,373,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,040
Original Mortgage
$500,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2013
Sold by
Blanton Dawn and Strachan Suzi Gunn
Bought by
Blanton Charles and Blanton Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2012
Sold by
Strachan Thomas Carl
Bought by
Blanton Dawn and Strachan Suzi Gunn

Purchase Details

Closed on
Aug 29, 1995
Sold by
Strachan Thomas C
Bought by
Strachan Thomas C and Traxel Marjorie E
Source: Public Records

Range of Values:

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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
Johal Charanjit S $1,006,000 Chicago Title Company
Blanton Charles -- Stewart Title Of Ca Inc
Blanton Dawn -- None Available
Strachan Thomas C -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johal 2009 Family Trust $469,500
Closed Johal Charanjit S $500,000
Previous Owner Blanton Charles $399,000
Previous Owner Blanton Charles $351,000
Previous Owner Strachan Thomas C $625,500
Previous Owner Strachan Thomas $35,000
Previous Owner Strachan Thomas C $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $1,000,006 +2.6% $429 / Sq Ft
02/11/2018 02/11/18 Pending -- -- --
01/29/2018 01/29/18 For Sale $975,000 -- $418 / 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
2022 $11,269 $1,018,590 $589,710 $428,880
2021 $11,226 $998,619 $578,148 $420,471
2020 $11,102 $988,380 $572,220 $416,160
2019 $10,771 $969,000 $561,000 $408,000
2018 $7,265 $643,478 $387,055 $256,423
2016 $6,892 $618,493 $372,026 $246,467
2015 $6,753 $609,203 $366,438 $242,765
2014 $6,741 $562,541 $336,520 $226,021
Source: Public Records

Agents Affiliated with this Home

  • Chris Hertz

    Seller's Agent in 2018

    Chris Hertz

    Media West Realty,Inc.

    (818) 395-5684

    27 Total Sales

    Section Image

  • W

    Seller Co-Listing Agent in 2018

    Willie Hertz

    Media West Realty,Inc.

    (818) 281-7756

    23 Total Sales

    Section Image
  • Jackie Ovsepyan

    Buyer's Agent in 2018

    Jackie Ovsepyan

    Coldwell Banker Realty

    (323) 906-2407

    37 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB18016625

California Regional Multiple Listing Service (CRMLS)

APN: 2449-018-006

California Los Angeles County Burbank 91506 Chandler Park

515 N Lomita St, Burbank, CA

This home is located at 515 N Lomita St, Burbank, CA 91506 since 29 January 2018 and is currently priced at $1,373,046, approximately $589 per square foot. This property was built in 1945. 515 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.

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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