Armen Aroyan
Select Real Estate LA
(747) 215-3654
29 Total Sales
5 in Hillside District
$540K - $920K Price Range
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
- Living Room
- 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
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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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hillside District, CA
-
Armen Aroyan
-
Mitchell Stein
Mitchell Stein
KW College Park
(424) 332-1466
42 Total Sales
3 in Hillside District
$1.2M - $1.4M Price Range
-
CIERA SIMS-BOTSFORD
CIERA SIMS-BOTSFORD
ANOMALY REAL ESTATE
(951) 749-9183
208 Total Sales
1 in Hillside District
$800,000 Price
-
Andrew Hart
Andrew Hart
Real Broker
(818) 463-1176
63 Total Sales
2 in Hillside District
$847K - $1.2M Price Range
-
Nikolai Medvedev
Nikolai Medvedev
Berkshire Hathaway HomeServices California Properties
(213) 652-6289
20 Total Sales
1 in Hillside District
$805,000 Price
-
Armen Mardirousi
Armen Mardirousi
R3ES
(747) 307-6746
7 Total Sales
1 in Hillside District
$770,000 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 | ||
| Arman Balakhchyan Inc | $2,700,000 | American Coast Title Company | |
| Flanagan Michael G | -- | Ticor Title Co | |
| Flanagan Alice Yick | -- | None Available | |
| Flanagan Michael | $1,825,000 | First American Title Ins Co | |
| Hadlow George W | -- | -- | |
| Brands Annette M | -- | -- |
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 | Arman Balakhchyan Inc | $1,250,000 | |
| Previous Owner | Michael & Alice Flanagan Family Trust | $1,000,000 | |
| Previous Owner | Flanagan Michael G | $1,300,000 | |
| Previous Owner | Flanagan Michael | $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 |
|---|---|---|---|---|
| 2026 | $41,532 | $3,700,898 | $2,614,176 | $1,086,722 |
| 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
-
DF
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
12 in this area
36 Total Sales
-
Arman Blak
AB
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
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