NOT LISTED FOR SALE

550 E Verdugo Ave Unit 556 Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,610,834 - $1,764,000

1 Bed
1 Bath
700 Sq Ft
$2,411/Sq Ft Est. Value

Highlights

  • End Unit
  • No HOA
  • Garden
  • Joaquin Miller Elementary School Rated A-
  • Cooling System Mounted To A Wall/Window

About This Home

As of March 2017

Welcome home to the wonderful city of Burbank! This unit includes perks like a private one car garage with storage, backyard patio area, and refrigerator included! The unit also features new dual pane windows all around providing a bright and airy feeling throughout the unit. You'll find laminate flooring, smooth ceilings, new AC units in the living room and bedroom, and a formal breakfast/dining area off the kitchen. Five business days to process Applications. No pets please.

Last Agent to Rent the Property

Steve Nakachian

Pinnacle Estate Properties License #01878875 Listed on: 03/02/2017

Pinnacle Estate Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 8,583 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Garden

Parking

  • 1 Car Garage

Home Design

  • 700 Sq Ft Home
  • Apartment
  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $1,500
  • Rent includes water
  • 12-Month Minimum Lease Term
  • Available 3/3/17
  • Tax Lot 4
  • Tax Tract Number 3107
  • Assessor Parcel Number 2455006006

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2017-03-03
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 50
  • Deposit Security: 1500
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: Yes
  • View: No
  • Zoning: BUR4*
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 2455006006
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 700.00 Square Feet
  • Common Walls: 1 Common Wall, End Unit
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.14
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: Garden
  • Lot Size Sq Ft: 8583.00

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Rent Includes: Water

Tax Info

  • Tax Census Tract: 3107.02
  • Tax Lot: 4
  • Tax Tract Number: 3107.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2024
Sold by
Shirley M White Family Trust and White Hoyt C
Bought by
Vartani Ara and Giii Irene
Current Estimated Value
$1,661,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Outstanding Balance
$957,349
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$730,068

Purchase Details

Closed on
Dec 27, 2022
Sold by
White Hoyt C and Fami Shirley
Bought by
Hoyt C White Jr And Shirley M White Family Tr and White

Purchase Details

Closed on
Dec 7, 2021
Sold by
White Hoyt C and Fami Shirley
Bought by
Hoyt C White Jr And Shirley M White Family Tr and White Shirley M

Purchase Details

Closed on
Dec 11, 2019
Sold by
White Shirley M and White Hoyt C
Bought by
White Shirley M and White Hoyt C

Purchase Details

Closed on
Dec 26, 2018
Sold by
White Shirley M and White Hoyt C
Bought by
White Shirley M and White Hoyt C

Purchase Details

Closed on
Dec 12, 2017
Sold by
White Shirley M and White Hoyt C
Bought by
White Shirley M and White Hoyt C

Purchase Details

Closed on
Dec 29, 2016
Sold by
White Shirley M and White Hoyt C
Bought by
White Shirley M and White Hoyt C

Purchase Details

Closed on
Dec 8, 2015
Sold by
White Shirley M and White Hoyt C
Bought by
White Shirley M and White Hoyt C

Purchase Details

Closed on
Dec 10, 2013
Sold by
White Shirley M and White Hoyt C
Bought by
White Shirley M and White Hoyt C

Purchase Details

Closed on
Dec 18, 2012
Sold by
White Shirley M and White Hoyt C
Bought by
White Shirley M and White Hoyt C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Vartani Ara $1,625,000 Stewart Title Of California In
Hoyt C White Jr And Shirley M White Family Tr -- None Listed On Document
Hoyt C White Jr And Shirley M White Family Tr -- None Listed On Document
White Shirley M -- None Available
White Shirley M -- None Available
White Shirley M -- None Available
White Shirley M -- None Available
White Shirley M -- None Available
White Shirley M -- None Available
White Shirley M -- None Available
White Shirley M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vartani Ara $975,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2017 03/22/17 Rented $1,500 0.0% --
03/16/2017 03/16/17 Under Contract -- -- --
03/02/2017 03/02/17 For Rent $1,500 -- --
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 $19,254 $1,657,500 $1,351,500 $306,000
2024 $19,254 $1,676,880 $1,101,600 $575,280
2023 $2,205 $122,386 $54,030 $68,356
2022 $2,134 $119,987 $52,971 $67,016
2021 $2,107 $117,635 $51,933 $65,702
2020 $2,088 $119,205 $51,401 $67,804
2019 $2,049 $116,923 $50,394 $66,529
2018 $1,921 $114,685 $49,406 $65,279
2016 $1,765 $107,567 $47,489 $60,078
2015 $1,740 $105,952 $46,776 $59,176
2014 $1,774 $103,877 $45,860 $58,017
Source: Public Records

Agents Affiliated with this Home

  • Steve Nakachian

    Landlord's Agent in 2017

    Steve Nakachian

    Pinnacle Estate Properties

    (818) 534-4200

    45 Total Sales

    Steve Nakachian
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17043726

California Regional Multiple Listing Service (CRMLS)

APN: 2455-006-006

California Los Angeles County Burbank 91501 Hillside District

550 E Verdugo Ave Unit 556, Burbank, CA

Not Listed for Sale

MultiFamily

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