NOT LISTED FOR SALE

Estimated Value: $1,101,000 - $1,516,000

4 Beds
4 Baths
1,692 Sq Ft
$790/Sq Ft Est. Value

Last Sold March 23, 2017

Last sale price $822,500 $486 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $8,000/month

1 Day on Market

Highlights

  • Automatic Gate
  • Bamboo Flooring
  • Double Pane Windows
  • Thomas Edison Elementary School Rated A
  • Granite Countertops
  • Laundry Room

About This Home

As of March 2017

**TWO HOMES ON A LOT**GATED WITH SEPARATE ENTRANCES*** DESIRABLE CITY OF BURBANK**WALK TO CHANDLER BIKE PATH ** SEPARATELY METERED FOR WATER, ELECTRIC AND GAS** GOOD INVESTMENT OPPORTUNITY*** COMPLETE RENNOVATION OF BOTH HOMES PERFORMED LATE 2011 ** FRONT HOME** WITH NEW COOKS KITCHEN WITH CENTER ISLAND **NEW ROOF* BATHROOMS*UPDATED INTERIOR ELECTRICAL WITH RECESS LIGHTING THROUGHOUT** COPPER PLUMBING** CENTRAL AC/HEATING**ENERGY EFFICIENT WINDOWS**TANKLESS WATER HEATER**LAUNDRY ROOM INSIDE GARAGE*** REAR 1BED 1 HOME GUTTED OUT TO STUDS**BOTH HOMES OCCUPIED BY LONG TERM TENANTS**PLEASE DO NOT DISTURB TENANTS**EASY TO MANAGE**COMPLETELY GATED**NO RENT CONTROL***TOO MANY IMPROVEMENTS TO LIST***

Last Agent to Sell the Property

Juan Garcia

JUAN C. GARCIA License #01219026 Listed on: 02/10/2017

Last Buyer's Agent

Juan Garcia

JUAN C. GARCIA License #01219026 Listed on: 02/10/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,580

Year Built

  • Built in 1938 | Remodeled

Lot Details

  • 6,689 Sq Ft Lot
  • No Common Walls
  • Gated Home
  • Drip System Landscaping
  • Front Yard Sprinklers

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 1,692 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Bamboo Flooring
  • Carbon Monoxide Detectors
  • Laundry Room

Kitchen

  • Gas and Electric Range
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Automatic Gate
  • Controlled Entrance

Outdoor Features

  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Sewer in Street

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for trash collection, water
  • The owner pays for gardener
  • Assessor Parcel Number 2448-022-031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,580

Year Built

Built in 1938 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1692
  • Property Condition: Updated/Remodeled
  • Year Built: 1938
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Bamboo
  • Appliances: Gas/Electric Range
  • Bedrooms: 4
  • Bathroom Features: Tile
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Granite Counters, Island
  • Laundry: Laundry Area
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Ceiling Fan, Garbage Disposal
  • Price Per S Q F T: 472.22
  • Windows: Double Pane Windows

Exterior Features

  • Construction: Detached/No Common Walls, Frame, Stucco, Vinyl Siding
  • Other Features: Rain Gutters, Two On A Lot
  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Pool: No
  • Roof: Shingle
  • View: No

Garage/Parking

  • Parking Garage: Auto Driveway Gate, Controlled Entrance
  • Total Parking: 4

Utilities

  • Water Heater: Tankless, Water Heater Unit
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Gated
  • Sewer: In Street

Association/Amenities

  • Amenities: Gated Parking

Schools

  • School District: Burbank Unified

Lot Info

  • Sprinklers: Drip System, Front
  • Assessed Improvement Value: 200726
  • Assessed Land Value: 281387
  • Assessor Parcel Number: 2448-022-031
  • Geocode Override: No
  • Lot Size Area: 6689

Rental Info

  • Land Lease Type: Fee
  • Owner Pays: Gardener
  • Tenant Pays: Trash Collection, Water

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 16.10
  • Number Of Units: 2
  • Total Annual Expense: 34600
  • Type Of Units: DUPLEX
  • Vacancy Rate: 0

MLS Schools

  • School District: Burbank Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2021
Sold by
Laws John Eric and Laws Angela Maria
Bought by
Laws Revocable Living Trust and Laws
Current Estimated Value
$1,337,286

Purchase Details

Closed on
Apr 8, 2021
Sold by
Laws Revocable Living Trust
Bought by
Laws John Eric and Laws Angela Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$587,500
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 10, 2017
Closed on
Mar 13, 2017
Sold by
Garcia Juan Carlos
Bought by
Laws John Eric and Laws Angela Maria
Seller's Agent
Juan Garcia
JUAN C. GARCIA
Buyer's Agent
Juan Garcia
JUAN C. GARCIA
List Price
$799,000
Sold Price
$822,500
Premium/Discount to List
$23,500
2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$575,750
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2011
Sold by
Rodriguez Sandra V
Bought by
Garcia Juan Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2011
Sold by
Thomas Greta Sue and Estate Of Esther Marie Stewart
Bought by
Garcia Juan Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
4.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Laws Revocable Living Trust -- None Listed On Document
Laws John Eric -- Ticor Title
Laws John Eric $822,500 Lawyers Title Company
Garcia Juan Carlos -- Lawyers Title
Garcia Juan Carlos $434,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Laws John Eric $587,500
Previous Owner Laws John Eric $575,750
Previous Owner Garcia Juan Carlos $324,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2017 03/23/17 Sold $822,500 +2.9% $486 / Sq Ft
02/10/2017 02/10/17 For Sale $799,000 -- $472 / Sq Ft
Source: The MLS

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 $10,580 $954,576 $571,585 $382,991
2024 $10,580 $935,860 $560,378 $375,482
2023 $10,469 $917,511 $549,391 $368,120
2022 $9,996 $899,521 $538,619 $360,902
2021 $9,958 $881,884 $528,058 $353,826
2020 $9,849 $872,842 $522,644 $350,198
2019 $9,557 $855,729 $512,397 $343,332
2018 $9,397 $838,950 $502,350 $336,600
2016 $5,391 $482,113 $281,387 $200,726
2015 $5,282 $474,872 $277,161 $197,711
2014 $5,277 $465,571 $271,732 $193,839
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-200916

The MLS

APN: 2448-022-031