D
Seller's Agent in 2019
Don Ivone
California R.E.Services
544 E Tujunga Ave Burbank, CA 91501
Hillside District Neighborhood
18
Beds
18
Baths
9,788
Sq Ft
7,792
Sq Ft Lot
Highlights
- View of Hills
- Property is near public transit
- Two cooling system units
- Joaquin Miller Elementary School Rated A-
- No HOA
- Laundry Room
About This Home
As of May 2019Rare Opportunity in Prime Burbank Hills - 10 unit building built in 1987. Classy brick front, two story security building. 5 units each level. Perfect Burbank mix of units consisting of (8) 2 bed + 2 Bath and (2) 1 bed +1 bath. All units central air and heat, individual water heaters, Security garage for 19 cars, offering each bedroom (1) side by side parking space, as well as 1 extra parking. Owner owned Laundry on site - 2 washers, 2 dryers. Building has been painted recently in 2019. Roof was replaced in 2017. Some interior upgrades. Long term ownership, rents are low. This is a non-rent control building with substantial upside in rents. 1 unit currently vacant. GSI using pro forma for vacant unit.
Last Agent to Sell the Property
Don Ivone
California R.E.Services License #00949237 Listed on: 03/29/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1987
Lot Details
- 7,792 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 19 Car Garage
- Parking Available
- Auto Driveway Gate
- Driveway Down Slope From Street
- Parking Lot
- Assigned Parking
- Controlled Entrance
Property Views
- Hills
- Neighborhood
Home Design
- Property Attached
- Flat Roof Shape
Interior Spaces
- 9,788 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Living Room with Fireplace
- Laundry Room
Kitchen
- Gas Range
- Dishwasher
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 18 Bedrooms
- 18 Bathrooms
Home Security
- Security Lights
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Two cooling system units
- Central Heating and Cooling System
- Air Source Heat Pump
- Combination Of Heating Systems
- Phone Available
- Cable TV Available
Additional Features
- Rain Gutters
- Property is near public transit
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Tax Lot 10
- Tax Tract Number 310702
- Assessor Parcel Number 2455011027
Community Details
Overview
- No Home Owners Association
- 10 Units
Amenities
- Laundry Facilities
Building Details
- 9 Leased Units
- 11 Separate Electric Meters
- 11 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $825
- Gardener Expense $1,200
- Insurance Expense $6,000
- Maintenance Expense $3,000
- Trash Expense $1,379
- Water Sewer Expense $1,878
- New Taxes Expense $50,000
- Operating Expense $64,382
- Net Operating Income $138,358
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/22/2019 05/22/19 | Sold | $3,900,000 | -2.5% | $398 / Sq Ft |
| 03/29/2019 03/29/19 | For Sale | $4,000,000 | -- | $409 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $48,110 | $4,350,519 | $1,740,206 | $2,610,313 |
| 2024 | $48,110 | $4,265,216 | $1,706,085 | $2,559,131 |
| 2023 | $47,601 | $4,181,585 | $1,672,633 | $2,508,952 |
| 2022 | $45,459 | $4,099,594 | $1,639,837 | $2,459,757 |
| 2021 | $45,270 | $4,019,211 | $1,607,684 | $2,411,527 |
| 2019 | $12,524 | $2,764,428 | $1,036,068 | $1,728,360 |
| 2018 | $15,898 | $1,349,692 | $404,070 | $945,622 |
| 2016 | $14,994 | $1,295,122 | $388,381 | $906,741 |
| 2015 | $14,702 | $1,275,669 | $382,548 | $893,121 |
| 2014 | $14,717 | $1,250,681 | $375,055 | $875,626 |
Source: Public Records
Agents Affiliated with this Home
-
-
Deb Ivone
D
Seller Co-Listing Agent in 2019
Deb Ivone
California R.E.Services
(818) 378-7759
3 in this area
22 Total Sales
-
Galina Blackman
Buyer's Agent in 2019
Galina Blackman
Coldwell Banker Realty
(310) 850-2540
8 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB19070015
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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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