Seller's Agent in 2012
Levon Alexanian
Keller Williams World Media Center
(818) 219-3366
1 in this area
21 Total Sales
625 E Verdugo Ave Burbank, CA 91501
Hillside District Neighborhood
8
Beds
6
Baths
17,862
Sq Ft
0.35
Acres Lot
About This Home
As of June 2012An extremely rare opportunity to acquire a 21 unit multi family asset in non-rent control Burbank. Located in the super prime area known as "Burbank Hills" the asset is in high demand and low velocity. The long term owners of the property have exerted true pride of ownership. Aside from extensive capital improvements, such as dual pane vinyl windows throughout and re-plastering & painting entire building, the property incorporates on-site parking, laundry facilities as well as a gated courtyard swimming pool. Mostly long term tenants, provides room for upside in rents in non-rent controlled Burbank. Both North of Glenoaks Blvd. and North of 6th St.! Affluent rental location, transitioning into strictly single family homes. Direct views of the Verdugo Mountains. Near downtown Burbank, the city's premiere destination for shopping, fine and casual dining as well as entertainment. Near golf course.
Last Agent to Sell the Property
Keller Williams World Media Center License #00911091 Listed on: 04/26/2012
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 15,292 Sq Ft Lot
Parking
- 30 Parking Spaces
Home Design
- 17,862 Sq Ft Home
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Listing and Financial Details
- Tax Lot 9
- Assessor Parcel Number 2455010022
Community Details
Overview
- 21 Units
Building Details
- 21 Separate Electric Meters
- 21 Separate Gas Meters
- 21 Separate Water Meters
- Gross Income $25,375
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/29/2012 06/29/12 | Sold | $3,850,000 | -- | $216 / Sq Ft |
| 04/26/2012 04/26/12 | Pending | -- | -- | -- |
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 | $56,292 | $4,835,810 | $1,605,237 | $3,230,573 |
| 2024 | $54,490 | $4,740,991 | $1,573,762 | $3,167,229 |
| 2023 | $53,924 | $4,648,031 | $1,542,904 | $3,105,127 |
| 2022 | $51,536 | $4,556,894 | $1,512,651 | $3,044,243 |
| 2021 | $51,273 | $4,467,544 | $1,482,992 | $2,984,552 |
| 2019 | $49,239 | $4,335,036 | $1,439,006 | $2,896,030 |
| 2018 | $48,750 | $4,250,037 | $1,410,791 | $2,839,246 |
| 2016 | $46,154 | $4,085,005 | $1,356,009 | $2,728,996 |
| 2015 | $45,234 | $4,023,645 | $1,335,641 | $2,688,004 |
| 2014 | $45,204 | $3,944,828 | $1,309,478 | $2,635,350 |
Source: Public Records
Agents Affiliated with this Home
-
Levon Alexanian
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: F12038856
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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