Max Gonzalez
Buena Vista Realty
(323) 694-2948
59 Total Sales
1 in Hillside District
$905,000 Price
602 E Tujunga Ave Burbank, CA 91501
Hillside District Neighborhood
11
Beds
11
Baths
7,262
Sq Ft
1962
Built
Highlights
- Traditional Architecture
- Wood Flooring
- Tile Countertops
- Joaquin Miller Elementary School Rated A-
- Neighborhood Views
- Living Room
About This Home
As of October 2017Pristine landmark pride of ownership 8 unit apartment building above Glenoaks blvd in one of the City's best locations. This building includes Three large condo sized 2 bedroom 2 bath units with master suites, private patios, huge closets and nice kitchens with built ins. Five oversized 1 bedroom 1 bath units with large closets, eating areas, nice kitchens and extra storage. Two 1 bedroom units also have private patios. This building is not sandwiched between other buildings making each unit light and bright with some having views across town. This building offers 13 off street parking spaces which includes 8 covered spots. Also included is Huge storage room plus an oversized laundry room with 2 sets of Owner owned coin operated washers and dryers. This building has updated copper plumbing, a new exterior sewer line running to the alley, modern electrical and a history of very few problems or maintenance issues. This location is outstanding with public transportation steps away, the train stop just down the street and all of the fun of Downtown Burbank within easy walking distance. Nice long term tenants and only 1 lease, everyone else is month to month. Should the new owner choose to increase rents to Pro Forma or beyond they will receive a gross of over 170K a year and a CAP rate of more than 4.625%. The current First Trust Deed of about $455,000.00 is assumable, fully amortised and will be paid off in full in just 12 years at 6%
Last Agent to Sell the Property
David Fogg
Keller Williams Realty World Media Center License #01149065 Listed on: 05/01/2017
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 7,262 Sq Ft Lot
- No Common Walls
- No Landscaping
Home Design
- Traditional Architecture
- Partial Copper Plumbing
- Stucco
Interior Spaces
- 7,262 Sq Ft Home
- Ceiling Fan
- Blinds
- Sliding Doors
- Living Room
- Neighborhood Views
- Tile Countertops
- Laundry Located Outside
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 11 Bedrooms
- Mirrored Closets Doors
- 11 Bathrooms
Parking
- 5 Open Parking Spaces
- 13 Parking Spaces
- 8 Carport Spaces
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tax Lot 20
- Assessor Parcel Number 2455010020
Community Details
Building Details
- 8 Leased Units
- 9 Separate Electric Meters
- 9 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,037
- Fuel Expense $1,094
- Gardener Expense $1,775
- Insurance Expense $3,600
- Maintenance Expense $3,000
- Trash Expense $1,892
- Water Sewer Expense $1,037
- New Taxes Expense $34,875
- Operating Expense $51,310
- Gross Income $143,700
- Net Operating Income $97,672
Additional Features
- 8 Units
- Laundry Facilities
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hillside District, CA
-
Max Gonzalez
-
Trey Beltran
Trey Beltran
Responds QuicklyEquity Union
(818) 639-7581
23 Total Sales
1 in Hillside District
$815,000 Price
-
Hilda Hernandez
Hilda Hernandez
Berkshire Hathaway HomeServices
(626) 699-8904
98 Total Sales
1 in Hillside District
$1,080,000 Price
-
Brian Larsen
Brian Larsen
Beverly and Company, Inc.
(323) 553-5369
12 Total Sales
1 in Hillside District
$925,000 Price
-
Beatrice Harendza-Harinxma
Beatrice Harendza-Harinxma
COMPASS
(818) 418-8114
47 Total Sales
1 in Hillside District
$1,260,000 Price
-
Steve Julian
Steve Julian
Luxury Collective
(747) 293-4987
170 Total Sales
1 in Hillside District
$1,125,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| Bulosan Hedeliza O | $2,650,000 | Lawyers Title Company | |
| Seidel Joseph R | -- | Lawyers Title | |
| Fogg David Michael | $1,037,000 | Lawyers Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $637,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2017 10/31/17 | Sold | $2,650,000 | -1.7% | $365 / Sq Ft |
| 09/30/2017 09/30/17 | Pending | -- | -- | -- |
| 09/13/2017 09/13/17 | Price Changed | $2,695,000 | -3.4% | $371 / Sq Ft |
| 08/10/2017 08/10/17 | Price Changed | $2,790,000 | -3.5% | $384 / Sq Ft |
| 05/08/2017 05/08/17 | Price Changed | $2,890,000 | -3.5% | $398 / Sq Ft |
| 05/01/2017 05/01/17 | For Sale | $2,995,000 | -- | $412 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $34,875 | $3,098,726 | $1,257,531 | $1,841,195 |
| 2025 | $34,875 | $3,037,968 | $1,232,874 | $1,805,094 |
| 2024 | $33,796 | $2,978,400 | $1,208,700 | $1,769,700 |
| 2023 | $33,199 | $2,898,159 | $1,159,263 | $1,738,896 |
| 2022 | $31,712 | $2,841,333 | $1,136,533 | $1,704,800 |
| 2021 | $31,579 | $2,785,622 | $1,114,249 | $1,671,373 |
| 2019 | $30,314 | $2,705,300 | $1,081,200 | $1,624,100 |
| 2018 | $30,088 | $2,652,300 | $1,060,000 | $1,592,300 |
| 2016 | $14,344 | $1,245,475 | $660,571 | $584,904 |
| 2015 | $14,063 | $1,226,768 | $650,649 | $576,119 |
| 2014 | $14,066 | $1,202,738 | $637,904 | $564,834 |
Source: Public Records
Agents Affiliated with this Home
-
DF
Seller's Agent in 2017
David Fogg
Keller Williams Realty World Media Center
-
Rick Raymundo
Buyer's Agent in 2017
Rick Raymundo
Marcus & Millichap
(818) 219-6146
1 in this area
68 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB17094310
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.
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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