NOT LISTED FOR SALE

Estimated Value: $1,057,000 - $1,268,000

4 Beds
2 Baths
1,581 Sq Ft
$763/Sq Ft Est. Value

Last Sold June 07, 2012

Last sale price $582,000 $368 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $6,982/month

24 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • 5-minute walk to Verdugo Park & Recreation Center
  • Dolores Huerta Middle School Rated A-
  • 2 Car Garage

About This Home

As of June 2012

Your dreams just came true!!! Great investment and fantastic opportunity to own a Duplex in Burbank. Live in one unit and let the other unit help pay your mortgage. Beautiful Tree lined street in the Magnolia Park area of Burbank. Close to Major Studios, restaurants, shopping and great Burbank schools. Both Units 2 bedrooms +1 bath with harwood floors throughout. Central heating and air in both units with an open updated kitchen in 627 with newer granite countertops, dishwasher, stove, etc. Both units have update bathrooms. Both units have their own laundry. Each unit has its own private back yard. 2 Car detached garage.

Last Agent to Sell the Property

Kenny Herring

VonKeith Properties License #01351182 Listed on: 05/07/2012

Last Buyer's Agent

Alisa Cunningham

Douglas Elliman of California, Inc. License #01719178

Douglas Elliman of California, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 6,069

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • 1,581 Sq Ft Home

Kitchen

  • Dishwasher
  • Disposal

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Additional Features

  • 6,069 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance
  • Tax Lot 27
  • Tax Tract Number 13174
  • Assessor Parcel Number 2480024015

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $7,362
  • Gross Income $3,600
  • Net Operating Income $43,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Type: Residential Income
  • Parcel Number: 2480024015
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Yes
  • Price Per Square Foot: 368.12

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Garage, Individual Room, Washer Included
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 6069.00
  • Lot Size Acres: 0.1390

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance

Multi Family

  • Gross Income: 3600.00
  • Gross Scheduled Income: 43200.00
  • Lot Size Area: 6069.0000 Square Feet
  • Net Operating Income: 43200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7362.00
  • Tax Lot: 27
  • Tax Tract Number: 13174
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2025
Sold by
Osborn Grant N
Bought by
Osborn Anderson Family Trust and Osborn
Current Estimated Value
$1,206,311

Purchase Details

Listed on
May 7, 2012
Closed on
May 17, 2012
Sold by
Gonzalez Caleb K
Bought by
Osborn Grant N
Seller's Agent
Kenny Herring
VonKeith Properties
Buyer's Agent
Alisa Cunningham
Douglas Elliman of California, Inc.
List Price
$589,000
Sold Price
$582,000
Premium/Discount to List
-$7,000
-1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%

Purchase Details

Closed on
Nov 13, 1998
Sold by
Herring Kenneth V
Bought by
Gonzalez Caleb K and Herring Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,500
Interest Rate
6.42%

Purchase Details

Closed on
Sep 3, 1997
Sold by
Whitson Jim
Bought by
Herring Kenneth and Gonzalez Caleb K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,500
Interest Rate
7.45%

Purchase Details

Closed on
Jun 27, 1996
Sold by
Whitson Jim
Bought by
Whitson Jim and Whitson Deborah L
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
Osborn Anderson Family Trust -- None Listed On Document
Osborn Grant N $582,000 Orange Coast Title Company O
Gonzalez Caleb K -- American Coast Title
Herring Kenneth $232,000 Continental Lawyers Title Co
Whitson Jim -- --
Whitson Jim -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Caleb K $209,500
Previous Owner Herring Kenneth $208,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2012 06/07/12 Sold $582,000 -1.2% $368 / Sq Ft
05/31/2012 05/31/12 Pending -- -- --
05/07/2012 05/07/12 For Sale $589,000 -- $373 / 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 $8,091 $731,013 $576,524 $154,489
2024 $8,091 $716,680 $565,220 $151,460
2023 $8,005 $702,629 $554,138 $148,491
2022 $7,642 $688,853 $543,273 $145,580
2021 $7,611 $675,347 $532,621 $142,726
2019 $7,303 $655,318 $516,824 $138,494
2018 $7,225 $642,470 $506,691 $135,779
2016 $6,860 $617,523 $487,016 $130,507
2015 $6,721 $608,248 $479,701 $128,547
2014 $6,709 $596,334 $470,305 $126,029
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: B12058135

California Regional Multiple Listing Service (CRMLS)

APN: 2480-024-015