NOT LISTED FOR SALE

544 E Tujunga Ave Burbank, CA 91501

Hillside District Neighborhood
18 Beds
18 Baths
9,788 Sq Ft
7,792 Sq Ft Lot

Last Sold May 22, 2019

Last sale price $3,900,000 $398 Per Sq Ft

7 Days on Market

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 2019

Rare 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

Co-Listed By

Deb Ivone

California R.E.Services License #01015138

Last Buyer's Agent

Galina Blackman

Coldwell Banker Realty License #01027011

Coldwell Banker Realty

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

19

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1878.00
  • Zoning: BUR4
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 2455011027
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Vinyl
  • Appliances: Yes
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Price Per Square Foot: 398.45

Exterior Features

  • View: Hills, Neighborhood
  • Pool Private: No
  • Roof: Flat

Garage/Parking

  • Garage Spaces: 19.00
  • Parking: Yes
  • Parking Features: Assigned, Auto Driveway Gate, Controlled Entrance, Driveway Down Slope From Street, Parking Space
  • Total Parking Spaces: 19.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Electric: Electricity - On Property
  • Heating Type: Central, Heat Pump, Combination
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1379.00
  • Water Source: Public
  • Cooling: Central Air, Dual, Heat Pump, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Near Public Transit
  • Lot Size Sq Ft: 7792.00
  • Lot Size Acres: 0.1789

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Electric Expense: 825.00
  • Gross Scheduled Income: 202740.00
  • Insurance Expense: 6000.00
  • Lot Size Area: 7792.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Net Operating Income: 138358.00
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 9
  • Number Of Units Total: 10
  • Number With Carpet: 7
  • Number With Dishwasher: 10
  • Number With Range: 10
  • Operating Expense: 64382.00
  • Rent Control: No
  • Total Actual Rent: 14520.00
  • Total Expenses: 64382.00

Tax Info

  • New Taxes Expense: 50000.00
  • Tax Census Tract: 3107.02
  • Tax Lot: 10
  • Tax Tract Number: 310702

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Don Ivone

    California R.E.Services

    Section Image

  • D

    Seller Co-Listing Agent in 2019

    Deb Ivone

    California R.E.Services

    (818) 378-7759

    3 in this area

    22 Total Sales

    Deb Ivone
    Section Image
  • Galina Blackman

    Buyer's Agent in 2019

    Galina Blackman

    Coldwell Banker Realty

    (310) 850-2540

    8 Total Sales

    Galina Blackman
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB19070015

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Burbank 91501 Hillside District

544 E Tujunga Ave, Burbank, CA

Not Listed for Sale

MultiFamily

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

Nearby Homes