Mayra Santana
Sunrise Dream Realty, Inc.
(747) 294-4051
63 Total Sales
1 in Hillside District
$1,525,000 Price
627 E Providencia Ave Burbank, CA 91501
Hillside District Neighborhood
20
Beds
11
Baths
8,241
Sq Ft
7,542
Sq Ft Lot
Highlights
- Traditional Architecture
- Granite Countertops
- Cooling System Mounted To A Wall/Window
- Joaquin Miller Elementary School Rated A-
- Neighborhood Views
- 5-minute walk to Joaquin Miller Park
About This Home
As of October 2015Massive 10 unit building with nine 2 bedroom, 1 bath units and one 2 bedroom, 2 bath unit. All the units are large, over 800 Sq.Ft. and many nicely updated. The building is located in the highest demand area for upscale rentals, above Glenoaks in Burbank. The building has updates to the plumbing, new Milgard windows and fresh exterior paint. Laundry room with leased washers and dryers and storage space. Eleven electrical and gas meters, ten covered parking spots plus additional tandem parking. There is no rent control in Burbank. Current annual gross income is $188,400 with lots of upside potential. Property has a newer loan with chase mortgage that must be assumed by buyer. The principal is approx $1,227,882.00 at 3.46% the loan is a 5 year fixed and converts to an adjustable for the balance of 25 years. The buyer must assume this loan or use this Chase office to get a larger loan to avoid the a large pre-pay.
Last Agent to Sell the Property
David Fogg
Keller Williams Realty World Media Center License #01149065 Listed on: 09/15/2015
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964 | Remodeled
Lot Details
- 7,542 Sq Ft Lot
- Two or More Common Walls
- Block Wall Fence
- Density is 6-10 Units/Acre
Home Design
- Traditional Architecture
- Property Attached
- Stucco
Interior Spaces
- 8,241 Sq Ft Home
- Ceiling Fan
- Recessed Lighting
- Living Room
- Laminate Flooring
- Neighborhood Views
Kitchen
- Granite Countertops
- Tile Countertops
Bedrooms and Bathrooms
- 20 Bedrooms
- Mirrored Closets Doors
- 11 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
- Leased Washer and Dryer
Parking
- 25 Car Garage
- 10 Attached Carport Spaces
- Parking Storage or Cabinetry
- Parking Available
- No Driveway
- Assigned Parking
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tax Lot 7
- Assessor Parcel Number 2455002007
Community Details
Building Details
- 10 Leased Units
- 11 Separate Electric Meters
- 11 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,800
- Insurance Expense $3,000
- Pest Control $552
- Trash Expense $1,440
- Water Sewer Expense $1,800
- New Taxes Expense $37,500
- Gross Income $50
- Net Operating Income $139,868
Additional Features
- 10 Units
- Laundry Facilities
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
Sep 15, 2015
Closed on
Aug 31, 2015
Sold by
Bought by
Seller's Agent
David Fogg
Keller Williams Realty World Media Center
Buyer's Agent
Reza Ghobadi
Reza Ghobadi
List Price
$3,000,000
Sold Price
$3,065,000
Premium/Discount to List
$65,000
2.17%
Purchase Details
Listed on
May 5, 2014
Closed on
May 24, 2014
Sold by
Bought by
Seller's Agent
Barry Burnett
Barry Burnett Realty, Inc.
Buyer's Agent
Arman Blak
Arman Balakhchyan
List Price
$2,699,000
Sold Price
$2,700,000
Premium/Discount to List
$1,000
0.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.92%
Original Mortgage
$1,250,000
Interest Rate
4.17%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Oct 31, 2013
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
$1,300,000
Interest Rate
4.27%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 20, 2010
Sold by
Bought by
Purchase Details
Closed on
May 9, 2005
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
$989,000
Interest Rate
5.74%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 5, 1998
Sold by
Bought by
Purchase Details
Closed on
May 29, 1996
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hillside District, CA
-
Mayra Santana
-
Max Gonzalez
Max Gonzalez
Buena Vista Realty
(323) 694-2948
63 Total Sales
1 in Hillside District
$905,000 Price
-
Trey Beltran
Trey Beltran
Responds QuicklyEquity Union
(818) 639-7581
23 Total Sales
2 in Hillside District
$815,000 Price Range
-
Sophia Kelley
Sophia Kelley
Christie's RE SoCal
(747) 998-0297
37 Total Sales
1 in Hillside District
$875,000 Price
-
Brian Larsen
Brian Larsen
Beverly and Company, Inc.
(323) 553-5369
15 Total Sales
1 in Hillside District
$925,000 Price
-
Beatrice Harendza-Harinxma
Beatrice Harendza-Harinxma
COMPASS
(818) 418-8114
49 Total Sales
1 in Hillside District
$1,260,000 Price
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 |
|---|---|---|---|
| -- | Lawyers Title | ||
| $2,700,000 | American Coast Title Company | ||
| -- | Ticor Title Co | ||
| -- | None Available | ||
| $1,825,000 | First American Title Ins Co | ||
| -- | -- | ||
| -- | -- |
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 | $750,000 | ||
| Previous Owner | $1,250,000 | ||
| Previous Owner | $1,000,000 | ||
| Previous Owner | $1,300,000 | ||
| Previous Owner | $989,000 |
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 |
|---|---|---|---|---|---|
| 10/28/2015 10/28/15 | Sold | $3,065,000 | +2.2% | $372 / Sq Ft | |
| 09/18/2015 09/18/15 | Pending | -- | -- | -- | |
| 07/08/2015 07/08/15 | For Sale | $3,000,000 | +11.1% | $364 / Sq Ft | |
| 06/27/2014 06/27/14 | Sold | $2,700,000 | 0.0% | $328 / Sq Ft | View Prior Sale |
| 05/09/2014 05/09/14 | Pending | -- | -- | -- | |
| 05/05/2014 05/05/14 | For Sale | $2,699,000 | -- | $328 / 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 | $41,532 | $3,628,332 | $2,562,918 | $1,065,414 |
| 2024 | $40,240 | $3,557,189 | $2,512,665 | $1,044,524 |
| 2023 | $39,815 | $3,487,442 | $2,463,398 | $1,024,044 |
| 2022 | $38,028 | $3,419,062 | $2,415,097 | $1,003,965 |
| 2021 | $37,870 | $3,352,023 | $2,367,743 | $984,280 |
| 2019 | $36,349 | $3,255,677 | $2,297,515 | $958,162 |
| 2018 | $36,083 | $3,191,901 | $2,252,466 | $939,435 |
| 2016 | $34,235 | $3,065,000 | $2,165,000 | $900,000 |
| 2015 | $30,671 | $2,753,945 | $1,652,367 | $1,101,578 |
| 2014 | $23,737 | $2,075,185 | $1,364,506 | $710,679 |
Source: Public Records
Agents Affiliated with this Home
-
D
Seller's Agent in 2015
David Fogg
Keller Williams Realty World Media Center
-
Reza Ghobadi
Buyer's Agent in 2015
Reza Ghobadi
Reza Ghobadi
(818) 793-2923
19 Total Sales
-
Barry Burnett
Seller's Agent in 2014
Barry Burnett
Barry Burnett Realty, Inc.
(818) 842-2611
13 in this area
37 Total Sales
-
Arman Blak
A
Buyer's Agent in 2014
Arman Blak
Arman Balakhchyan
(818) 640-1046
2 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB15148693
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
Nearby Homes
- 555 E Santa Anita Ave Unit 301
- 700 S 6th St
- 635 E Elmwood Ave Unit 203
- 619 E Elmwood Ave Unit Q
- 557 E Verdugo Ave Unit M
- 528 E Verdugo Ave
- 482 E Santa Anita Ave
- 719 E Tujunga Ave Unit C
- 421 E Santa Anita Ave Unit 301
- 431 E Verdugo Ave Unit G
- 431 E Verdugo Ave Unit G
- 335 -337 E Providencia Ave
- 524 S Bel Aire Dr
- 639 E Olive Ave Unit 5
- 621 E Olive Ave Unit 106
- 630 E Orange Grove Ave Unit A
- 626 E Orange Grove Ave Unit 301
- 626 E Orange Grove Ave Unit 204
- 722 E Orange Grove Ave Unit D
- 1334 Alameda Ave
- 505 S 7th St
- 501 S 7th St Unit C
- 501 S 7th St
- 501 S 7th St Unit 501 E
- 501 S 7th St Unit 501 F
- 501 S 7th St Unit D
- 501 S 7th St Unit B
- 630 E Santa Anita Ave
- 519 S 7th St
- 517 S 7th St
- 635 E Providencia Ave
- 626 E Santa Anita Ave
- 508 S 7th St
- 702 E Santa Anita Ave
- 703 E Providencia Ave Unit 105
- 703 E Providencia Ave
- 706 E Santa Anita Ave
- 623 E Providencia Ave
- 705 E Providencia Ave
- 710 E Santa Anita Ave
Your Personal Tour Guide
Ask me questions while you tour the home.