$630,000
SOLD AUG 13, 2015
4 Beds
2 Baths
1,540 Sq Ft
6,525 Sq Ft Lot

Recently Sold

$409 Per Sq Ft

14 Days on Market

Highlights

  • Wood Flooring
  • Lawn
  • Central Air
  • William McKinley Elementary School Rated A-
  • Laundry Room

About This Home

As of October 2022

Distinctive "Twin Palms" Duplex, nice curb appeal.. 2/Two Bedroom, One Bath units. Wood Floors, Central Heat & Air, New Windows. Rear unit has updated kitchen, granite countertops, washer/dryer stack unit,dishwasher. Huge fenced patio area. Parking space for 3+ vehicles. Dependable/reliable long time month to month tenants. Great Burbank location, between Alameda & Victory, close to media center, parks, transportation, excellent Burbank schools.

Last Agent to Sell the Property

Laureen Endoso

Real Brokerage Technologies License #01049937 Listed on: 07/17/2015

Real Brokerage Technologies

Co-Listed By

Doyle Barnes

Dilbeck Real Estate License #01173318

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,913

Year Built

  • Built in 1944

Lot Details

  • 6,525 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Front Yard Sprinklers
  • Lawn

Home Design

  • 1,540 Sq Ft Home
  • Property Attached
  • Raised Foundation

Kitchen

  • Gas Cooktop
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • Parking Available
  • Unassigned Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Air
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 172
  • Tax Tract Number 11972
  • Assessor Parcel Number 2445003023

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Water Sewer Expense $1,140
  • Gross Income $2,800
  • Net Operating Income $33,070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,913

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Assessments: No
  • Inclusions: (2) stoves, (2) refrigerators, washer/dryer stackunit - all without warranty or guarantee
  • Other Phone Description: 8184502012
  • Other Phone Number: 8184502012
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1140.00
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 2445003023
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 409.09

Exterior Features

  • Foundation: Raised
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Appliances: Disposal, Gas Cooktop
  • Laundry Features: In Kitchen
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Lawn, Lot 6500-9999, Sprinklers In Front
  • Lot Size Sq Ft: 6525.00
  • Price Per Lot Square Foot: 96.55
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 770
  • Gross Income: 2800.00
  • Gross Scheduled Income: 33600.00
  • Insurance Expense: 600.00
  • Lot Size Area: 6525.0000 Square Feet
  • Net Operating Income: 33070.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 530.00
  • Rent Control: No
  • Total Actual Rent: 2800.00

Tax Info

  • Tax Lot: 172
  • Tax Tract Number: 11972
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2024
Sold by
Nazarian Arbi
Bought by
Dadanian Sevana and Nazarian Arbi
Current Estimated Value
$1,267,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,977
Outstanding Balance
$246,104
Interest Rate
7.17%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,021,849

Purchase Details

Closed on
Apr 5, 2021
Sold by
Housepian Masis and Mirzaian Selina
Bought by
517 South Main Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2021
Sold by
517 South Main Street Llc
Bought by
Housepian Masis and Mirzaian Selina

Purchase Details

Closed on
Sep 7, 2017
Sold by
Housepian Masis
Bought by
517 S Main St Llc

Purchase Details

Closed on
Apr 19, 2016
Sold by
Housepian Masis
Bought by
Housepian Masis and Mirzaian Selina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 17, 2015
Closed on
Jul 23, 2015
Sold by
Endoso Nicolle Michelle
Bought by
Endoso Kenneth Michael
Seller's Agent
Laureen Endoso
Real Brokerage Technologies
List Price
$629,000
Sold Price
$630,000
Premium/Discount to List
$1,000
0.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%
Original Mortgage
$375,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 17, 2015
Closed on
Jun 25, 2015
Sold by
Mirzaian Selina
Bought by
Housepian Masis
Seller's Agent
Laureen Endoso
Real Brokerage Technologies
List Price
$629,000
Sold Price
$630,000
Premium/Discount to List
$1,000
0.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 17, 2015
Closed on
Jun 22, 2015
Sold by
Endoso Kenneth Michael
Bought by
Housepian Masis
Seller's Agent
Laureen Endoso
Real Brokerage Technologies
List Price
$629,000
Sold Price
$630,000
Premium/Discount to List
$1,000
0.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 29, 2004
Sold by
Endoso Kenneth G
Bought by
Endoso Kenneth Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2000
Sold by
Endoso Kenneth G
Bought by
Endoso Kenneth G and Endoso Laureen J

Purchase Details

Closed on
May 22, 2000
Sold by
Kay Donald R Tr D And M Kay Trust
Bought by
Endoso Kenneth G and Endoso Laureen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
8.27%

Purchase Details

Closed on
Jul 22, 1997
Sold by
Jensen Robert N
Bought by
Jensen Robert N and Jensen Sharon D
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 Type Sale Price Title Company
Gift Deed -- Atlas Title
Quit Claim Deed -- Lawyers Title
Grant Deed -- Accommodation
Grant Deed -- None Available
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- Orange Coast Title Co Socal
Interfamily Deed Transfer -- Orange Coast Title Co Socal
Grant Deed $625,000 Orange Coast Title Co Socal
Interfamily Deed Transfer -- First Southwestern Title
Gift Deed -- --
Individual Deed $230,000 Old Republic Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Construction
Open $248,977 Credit Line Revolving
Previous Owner $112,000 Credit Line Revolving
Previous Owner $828,700 New Conventional
Previous Owner $104,500 Credit Line Revolving
Previous Owner $352,000 New Conventional
Previous Owner $380,000 New Conventional
Previous Owner $375,000 Adjustable Rate Mortgage/ARM
Previous Owner $250,000 New Conventional
Previous Owner $184,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2022 10/17/22 Sold $1,050,000 0.0% $682 / Sq Ft
10/07/2022 10/07/22 For Sale $1,050,000 0.0% $682 / Sq Ft
08/23/2022 08/23/22 For Sale $1,050,000 +66.7% $682 / Sq Ft
08/13/2015 08/13/15 Sold $630,000 +0.2% $409 / Sq Ft
06/17/2015 06/17/15 Pending -- -- --
06/03/2015 06/03/15 For Sale $629,000 -- $408 / 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 $11,913 $1,092,420 $655,452 $436,968
2024 $11,913 $1,071,000 $642,600 $428,400
2023 $11,862 $1,050,000 $630,000 $420,000
2022 $7,742 $697,196 $490,827 $206,369
2021 $7,711 $683,526 $481,203 $202,323
2020 $7,626 $676,518 $476,269 $200,249
2019 $7,400 $663,254 $466,931 $196,323
2018 $7,310 $650,250 $457,776 $192,474
2016 $6,942 $625,000 $440,000 $185,000
2015 $3,315 $294,122 $117,646 $176,476
2014 $3,318 $288,362 $115,342 $173,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB15119154

California Regional Multiple Listing Service (CRMLS)

APN: 2445-003-023