NOT LISTED FOR SALE

604 N Niagara St Burbank, CA 91505

Magnolia Park Neighborhood

Estimated Value: $1,091,000 - $1,258,000

4 Beds
2 Baths
1,581 Sq Ft
$762/Sq Ft Est. Value

Last Sold July 17, 2012

Last sale price $570,000 $361 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $6,909/month

17 Days on Market

About This Home

As of July 2012

Prime location duplex with nice backyard & 2-car detached garage!! Both units feature central heat & air, newer electrical, newer copper plumbing, newer windows, new roof, retro kitchen with laundry area, plantation shutters, formal dining room, hardwood floors!!! Rear owner's unit has bonus room / office and partially remodeled bathroom!

Last Agent to Sell the Property

Brad Korb

Brad Korb Real Estate Group License #00698730 Listed on: 05/08/2012

Last Buyer's Agent

Claudio Madariaga

REMAX Empower License #01111676

REMAX Empower

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • 5,927 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • 1,581 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 34
  • Tax Tract Number 13123
  • Assessor Parcel Number 2479015012

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $2,000
  • Water Sewer Expense $1,200
  • New Taxes Expense $6,750
  • Gross Income $2,300
  • Net Operating Income $16,750

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

0

Parking

2

Listing Details

  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 2479015012
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Square Foot: 360.53

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Lot Info

  • Lot Size Sq Ft: 5927.00
  • Lot Size Acres: 0.1360

Multi Family

  • Gross Income: 2300.00
  • Gross Scheduled Income: 27600.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 5927.0000 Square Feet
  • Net Operating Income: 16750.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 10850.00
  • Other Income Description: Projected rents $1595 to $1795
  • Rent Control: No

Tax Info

  • New Taxes Expense: 6750.00
  • Tax Lot: 34
  • Tax Tract Number: 13123

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2025
Sold by
Villalpando Cesar and Villalpando Karen
Bought by
Cesar And Karen Villalpando Trust and Villalpando
Current Estimated Value
$1,205,102

Purchase Details

Listed on
May 8, 2012
Closed on
Jun 15, 2012
Sold by
Holder Olga M and Boggs Glenn
Bought by
Villalpando Cesar D and Villalpando Karen N
Seller's Agent
Brad Korb
Brad Korb Real Estate Group
Buyer's Agent
Claudio Madariaga
REMAX Empower
List Price
$539,935
Sold Price
$570,000
Premium/Discount to List
$30,065
5.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%
Original Mortgage
$427,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2008
Sold by
Holder Olga M
Bought by
Holder Olga M and The Olga M Holder 1991 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,400
Interest Rate
5.81%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Oct 18, 2004
Sold by
Holder Olga M and The Olga M Holder Trust
Bought by
Holder Olga M and The Olga M Holder 1991 Trust

Purchase Details

Closed on
Feb 24, 1998
Sold by
Holder Olga M and Holder Robert G
Bought by
Holder Olga M and Holder Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
6.99%

Purchase Details

Closed on
Oct 27, 1997
Sold by
Holder Olga M Tr Olga M Holder Trust
Bought by
Holder Olga M and Holder Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,690
Interest Rate
7.26%
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
Cesar And Karen Villalpando Trust -- None Listed On Document
Villalpando Cesar D $570,000 Fidelity Van Nuys
Holder Olga M -- Accommodation
Holder Olga M -- United General Title Ins Co
Holder Olga M -- --
Holder Olga M -- Fidelity National Title
Holder Olga M -- Fidelity National Title
Holder Olga M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Villalpando Cesar D $427,500
Previous Owner Holder Olga M $620,400
Previous Owner Holder Olga M $62,000
Previous Owner Holder Olga M $8,690
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2012 07/17/12 Sold $570,000 +5.6% $361 / Sq Ft
05/25/2012 05/25/12 Pending -- -- --
05/08/2012 05/08/12 For Sale $539,935 -- $342 / Sq Ft
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 $7,813 $701,903 $527,046 $174,857
2024 $7,813 $688,141 $516,712 $171,429
2023 $7,731 $674,649 $506,581 $168,068
2022 $7,382 $661,422 $496,649 $164,773
2021 $7,351 $648,454 $486,911 $161,543
2019 $7,056 $629,222 $472,470 $156,752
2018 $6,944 $616,885 $463,206 $153,679
2016 $6,592 $592,932 $445,220 $147,712
2015 $6,458 $584,027 $438,533 $145,494
2014 $6,448 $572,587 $429,943 $142,644
Source: Public Records

Agents Affiliated with this Home

  • Brad Korb

    Seller's Agent in 2012

    Brad Korb

    Brad Korb Real Estate Group

    (818) 859-0310

    10 in this area

    353 Total Sales

    Brad Korb
    Section Image
  • Claudio Madariaga

    Buyer's Agent in 2012

    Claudio Madariaga

    RE/MAX

    (818) 209-1859

    1 in this area

    53 Total Sales

    Claudio Madariaga
    Section Image

  • A

    Buyer's Agent in 2012

    Armin Wittenberg

    Coldwell Banker Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: B12058298

California Regional Multiple Listing Service (CRMLS)

APN: 2479-015-012

California Los Angeles County Burbank 91505 Magnolia Park

604 N Niagara St, Burbank, CA

Not Listed for Sale

MultiFamily

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