NOT LISTED FOR SALE

616 E Magnolia Blvd Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,613,000 - $2,038,782

6 Beds
1 Bath
500 Sq Ft
$3,793/Sq Ft Est. Value

Highlights

  • No HOA
  • Eat-In Kitchen
  • Laundry Room
  • Ralph Emerson Elementary School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of October 2017

Excellent location and super cute! This single apartment comes with a shared garage, shared courtyard, and citrus tree. Close to all that Burbank has to offer.

Last Agent to Rent the Property

Traci Drewyer

First Class Real Estate License #01700791 Listed on: 10/11/2017

Co-Listed By

Craig Drewyer

First Class Real Estate License #01700788

Last Renter's Agent

Traci Drewyer

First Class Real Estate License #01700791 Listed on: 10/11/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 7,815 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • 500 Sq Ft Home
  • Quadruplex
  • Entry on the 2nd floor

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • Eat-In Kitchen
  • 1 Full Bathroom
  • Laundry Room

Listing and Financial Details

  • Security Deposit $1,500
  • 12-Month Minimum Lease Term
  • Available 10/14/17
  • Tax Lot 14
  • Tax Tract Number 3102
  • Assessor Parcel Number 2455031014

Community Details

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $500

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: Security Deposit
  • Available Date: 2017-10-14
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 1500
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Property Attached: Yes
  • View: No
  • Property Sub Type: Quadruplex
  • Property Type: Residential Lease
  • Parcel Number: 2455031014
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 500.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Eating Area: In Kitchen
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2.80

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7815.00

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 3102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2020
Sold by
Bjr 100 Llc
Bought by
Sarhadiangardabad Ara and Gardabad Serli Yepreme
Current Estimated Value
$1,896,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,181,250
Outstanding Balance
$1,051,145
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$845,301

Purchase Details

Closed on
Dec 24, 2018
Sold by
Reider Betty J
Bought by
Bjr 100 Llc

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

Closed on
May 16, 2017
Sold by
Axelson Joseph W and Axelson Linda Marie
Bought by
Bjr 100 Llc

Purchase Details

Closed on
Nov 18, 2004
Sold by
Sanchez Jorge F
Bought by
Axelson Joseph W and Axelson Linda Marie

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
Wu Jenny Chen Yu Hsu
Bought by
Wu Wei Tzang

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
Hsu Tzuoh Chu and Hsu Su Cheng
Bought by
Sanchez Jorge F

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
Hsu Tzuoh C and Hsu Su Cheng
Bought by
Hsu Tzuoh Chu and Hsu Su Cheng
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
Sarhadiangardabad Ara $1,575,000 Orange Coast Ttl Co Of Socal
Bjr 100 Llc -- First American Title Company
Reider Betty J -- First American Title Company
Bjr 100 Llc $1,420,000 North American Title Company
Axelson Joseph W $915,000 Lawyers Title Company
Wu Wei Tzang -- Equity Title
Sanchez Jorge F $447,000 Equity Title Company
Hsu Tzuoh Chu -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarhadiangardabad Ara $1,181,250
Previous Owner Reider Betty J $650,000
Previous Owner Axelson Joseph W $686,250
Previous Owner Sanchez Jorge F $357,600
Closed Axelson Joseph W $137,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2017 10/24/17 Rented $1,400 -6.7% --
10/11/2017 10/11/17 Under Contract -- -- --
10/11/2017 10/11/17 For Rent $1,500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $18,771 $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

  • Traci Drewyer

    Landlord's Agent in 2017

    Traci Drewyer

    First Class Real Estate

    (818) 395-4433

    19 Total Sales

    Traci Drewyer
    Section Image

  • C

    Landlord's Co-Listing Agent in 2017

    Craig Drewyer

    First Class Real Estate

    (818) 569-0210

    13 Total Sales

    Craig Drewyer
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17233950

California Regional Multiple Listing Service (CRMLS)

APN: 2455-031-014

California Los Angeles County Burbank 91501 Hillside District

616 E Magnolia Blvd, Burbank, CA

Not Listed for Sale

MultiFamily

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