Buyer's Agent in 2021
Masis Babakhanyan
JohnHart Real Estate
(818) 240-4142
10 in this area
149 Total Sales
565 E Cypress Ave Burbank, CA 91501
Hillside District NeighborhoodEstimated Value: $1,238,745 - $1,694,000
3
Beds
1
Bath
1,198
Sq Ft
$1,182/Sq Ft
Est. Value
Highlights
- Laundry Room
- Ralph Emerson Elementary School Rated A-
- 1-Story Property
About This Home
As of March 2021POTENTIAL, an exceedingly rare R4 property in Burbank The buyer can add additional 2 units + two ADUs (check with the city of Burbank). Centrally located , walking distance to schools and downtown Burbank Downtown Burbank, featuring: Restaurants, movie theaters, shopping mall, Starlight Bowl, etc... and schools, the property generates $3000/Mo. as rental income. Central A/C.
Last Agent to Sell the Property
Sarkis Baghikian
Home-Net Realty & Fin. Ser. License #00990570 Listed on: 09/10/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1928
Lot Details
- 8,033 Sq Ft Lot
- 1 Common Wall
- Density is 36-40 Units/Acre
Parking
- 2 Car Garage
Home Design
- Property Attached
Interior Spaces
- 1,198 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Bathroom
Outdoor Features
- Rain Gutters
Community Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Gardener Expense $50
- Insurance Expense $170
- New Taxes Expense $570
- Operating Expense $690
- Gross Income $3,000
- Net Operating Income $2,310
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 20
- Tax Tract Number 5829
- Assessor Parcel Number 2459040009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 22, 2024
Sold by
Basmadjian Souren and Boyadzhyan Yeprui
Bought by
565 Cypress Llc
Current Estimated Value
Purchase Details
Closed on
Jul 27, 2017
Sold by
Baghikian Sarkis
Bought by
Bsm Trust
Purchase Details
Closed on
Oct 12, 2005
Sold by
Baghikian Mary
Bought by
Baghikian Sarkis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 31, 2005
Sold by
Gonzales Manuel J
Bought by
Baghikian Serkis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 28, 2005
Sold by
Baghikian Sarkis
Bought by
721 E Cypress Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 19, 2003
Sold by
Aroyan Sona P
Bought by
Baghikian Sarkis
Purchase Details
Closed on
Apr 23, 2003
Sold by
Baghikian Mary
Bought by
Baghikian Sarkis
Purchase Details
Closed on
Aug 8, 2000
Sold by
Gonzales Manuel J
Bought by
Gonzales Manuel J
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 565 Cypress Llc | -- | None Listed On Document | |
| Bsm Trust | -- | None Available | |
| Baghikian Sarkis | -- | Southland Title | |
| Baghikian Serkis | $750,000 | Southland Title | |
| 721 E Cypress Llc | -- | -- | |
| Baghikian Sarkis | -- | -- | |
| Baghikian Sarkis | -- | Equity Title Company | |
| Gonzales Manuel J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Baghikian Sarkis | $75,000 | |
| Previous Owner | Baghikian Serkis | $600,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/05/2021 03/05/21 | Sold | $1,025,000 | 0.0% | $856 / Sq Ft |
| 09/23/2020 09/23/20 | Pending | -- | -- | -- |
| 09/16/2020 09/16/20 | Off Market | $1,025,000 | -- | -- |
| 09/10/2020 09/10/20 | For Sale | $1,395,000 | 0.0% | $1,164 / Sq Ft |
| 02/23/2016 02/23/16 | Rented | $2,500 | -10.7% | -- |
| 02/22/2016 02/22/16 | Under Contract | -- | -- | -- |
| 01/07/2016 01/07/16 | For Rent | $2,800 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $11,967 | $1,109,388 | $1,109,388 | -- |
| 2024 | $11,967 | $1,087,636 | $1,087,636 | -- |
| 2023 | $11,894 | $1,066,410 | $1,066,410 | $0 |
| 2022 | $11,348 | $1,045,500 | $1,045,500 | $0 |
| 2021 | $9,822 | $879,000 | $703,000 | $176,000 |
| 2020 | $9,813 | $879,000 | $703,000 | $176,000 |
| 2019 | $8,373 | $756,000 | $605,000 | $151,000 |
| 2018 | $7,862 | $701,760 | $562,020 | $139,740 |
| 2017 | $7,698 | $688,000 | $551,000 | $137,000 |
| 2016 | $7,619 | $688,000 | $551,000 | $137,000 |
| 2015 | $7,196 | $653,000 | $523,000 | $130,000 |
| 2014 | $7,033 | $627,000 | $502,000 | $125,000 |
Source: Public Records
Agents Affiliated with this Home
-
Masis Babakhanyan
-
S
Seller's Agent in 2016
Sarkis Baghikian
Home-Net Realty & Fin. Ser.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR20188263
APN: 2459-040-063
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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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