NOT LISTED FOR SALE

614 E Magnolia Blvd Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,607,000 - $2,143,105

4 Beds
4 Baths
3,052 Sq Ft
$611/Sq Ft Est. Value

Sale Details

Date Sold: October 30, 2020

Last sale price $1,575,000 $516 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $11,694 / mo

89 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • Front Yard
  • Ralph Emerson Elementary School Rated A-

About This Home

As of October 2020

Amazing opportunity to own a quadruplex in a great area in Burbank above Glenoaks. The front house has 3 bedrooms, 1.5 baths with central A/C, and hardwood floors. The second house has 1 bedroom and 1 bath. The other 2 units are large singles with a 2 car garage each. The lot is 7815 SqFt. There is a total of 6 bedrooms and 4.5 bathrooms. Great location, great school district, good income, and plenty of potential. PLEASE do not go on property or bother tenants. Call listing agent for more details and and access to units!

Last Agent to Sell the Property

Bill Toth

First Class Real Estate Inc. License #01023622 Listed on: 06/18/2020

Co-Listed By

Elaine Daniele

First Class Real Estate Inc. License #00523793

Last Buyer's Agent

Annie Akopyan

Coldwell Banker Hallmark Realty License #01203620

Coldwell Banker Hallmark Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 7,815 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 2 Open Parking Spaces
  • 6 Car Garage

Home Design

  • 3,052 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 14 / 22
  • Tax Tract Number 3102
  • Assessor Parcel Number 2455031014

Community Details

Overview

  • 3 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

7,815 Sq Ft Lot

Parking

6

Listing Details

  • Property Attached: Yes
  • Zoning: BUR4*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 2455031014
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 516.06

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7815.00
  • Lot Size Acres: 0.1794

Multi Family

  • Gross Scheduled Income: 92400.00
  • Lot Size Area: 7815.0000 Square Feet
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Block: 22
  • Tax Census Tract: 3102.01
  • Tax Lot: 14
  • Tax Tract Number: 3102

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Oct 26, 2020
Sold by
Bought by
Seller's Agent
Bill Toth
First Class Real Estate Inc.
Buyer's Agent
Annie Akopyan
Coldwell Banker Hallmark Realty
List Price
$1,749,000
Sold Price
$1,575,000
Premium/Discount to List
-$174,000
-9.95%
Current Estimated Value
$1,866,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,026
Avg. Annual Appreciation
3.05%
Original Mortgage
$1,181,250
Outstanding Balance
$1,051,145
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$814,881

Purchase Details

Closed on
Dec 24, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2017
Closed on
May 16, 2017
Sold by
Bought by
Seller's Agent
Christopher Torres
Beverly and Company, Inc.
Buyer's Agent
Elaine Daniele
First Class Real Estate Inc.
List Price
$1,349,000
Sold Price
$1,420,000
Premium/Discount to List
$71,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.06%

Purchase Details

Closed on
Nov 18, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$686,250
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,600
Interest Rate
7.87%

Purchase Details

Closed on
Jul 26, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,600
Interest Rate
7.87%

Purchase Details

Closed on
Dec 15, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

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
$1,575,000 Orange Coast Ttl Co Of Socal
-- First American Title Company
-- First American Title Company
$1,420,000 North American Title Company
$915,000 Lawyers Title Company
-- Equity Title
$447,000 Equity Title Company
-- --
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
Open $1,181,250
Previous Owner $650,000
Previous Owner $686,250
Previous Owner $357,600
Closed $137,250
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 Prior Sale
10/30/2020 10/30/20 Sold $1,575,000 -4.5% $516 / Sq Ft
08/07/2020 08/07/20 Price Changed $1,650,000 -2.7% $541 / Sq Ft
07/23/2020 07/23/20 Price Changed $1,695,000 -3.1% $555 / Sq Ft
06/18/2020 06/18/20 For Sale $1,749,000 0.0% $573 / Sq Ft
05/26/2018 05/26/18 Rented $3,000 0.0% --
05/23/2018 05/23/18 Under Contract -- -- --
05/16/2018 05/16/18 For Rent $3,000 0.0% --
06/02/2017 06/02/17 Sold $1,420,000 +5.3% $465 / Sq Ft View Prior Sale
05/03/2017 05/03/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $1,349,000 -- $442 / 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
2025 $19,383 $1,704,829 $1,022,897 $681,932
2024 $18,771 $1,671,402 $1,002,841 $668,561
2023 $18,571 $1,638,630 $983,178 $655,452
2022 $17,730 $1,606,500 $963,900 $642,600
2021 $17,662 $1,575,000 $945,000 $630,000
2020 $16,900 $1,507,314 $902,026 $605,288
2019 $16,396 $1,477,768 $884,340 $593,428
2018 $16,232 $1,448,800 $867,000 $581,800
2016 $11,363 $1,020,000 $724,500 $295,500
2015 $10,324 $930,000 $660,600 $269,400
2014 $10,513 $930,000 $660,600 $269,400
Source: Public Records

Agents Affiliated with this Home

  • Bill Toth

    Seller's Agent in 2020

    Bill Toth

    First Class Real Estate Inc.

    (818) 434-2110

    9 in this area

    66 Total Sales

    Bill Toth
    Section Image

  • E

    Seller Co-Listing Agent in 2020

    Elaine Daniele

    First Class Real Estate Inc.

    Section Image
  • Annie Akopyan

    Buyer's Agent in 2020

    Annie Akopyan

    Coldwell Banker Hallmark Realty

    (818) 588-1336

    3 in this area

    39 Total Sales

    Annie Akopyan
    Section Image
  • Traci Drewyer

    Seller's Agent in 2018

    Traci Drewyer

    First Class Real Estate

    (818) 395-4433

    18 Total Sales

    Traci Drewyer
    Section Image

  • C

    Seller Co-Listing Agent in 2018

    Craig Drewyer

    First Class Real Estate

    (818) 569-0210

    13 Total Sales

    Craig Drewyer
    Section Image
  • Christopher Torres

    Seller's Agent in 2017

    Christopher Torres

    Beverly and Company, Inc.

    (818) 640-3285

    2 Total Sales

    Christopher Torres
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB20118065

California Regional Multiple Listing Service (CRMLS)

APN: 2455-031-014

California Los Angeles County Burbank 91501 Hillside District

614 E Magnolia Blvd, Burbank, CA

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.

California Regional Multiple Listing Service (CRMLS) 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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