NOT LISTED FOR SALE

631 E Cypress Ave Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,925,000 - $2,038,976

3 Beds
5 Baths
2,510 Sq Ft
$790/Sq Ft Est. Value

Sale Details

Date Sold: March 4, 2014

Last sale price $1,040,000 $414 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $11,795 / mo

182 Days on Market

About This Home

As of March 2014

Excellent Location.Close to the heart of Burbank. Shops,restaurants,entertainment. High demand rental area.Well kept and upgraded 6 unit income producing property.(new windows, new driveway.many upgrades.) it consist of 2 buildings(4 1bed/1bath and 2 singles)it has a common laundry. Ample parking and a 2car garage which is also rented.

Last Agent to Sell the Property

Heros Hagopian

Coldwell Banker Hallmark License #01487197 Listed on: 08/14/2013

Coldwell Banker Hallmark

Last Buyer's Agent

Elizabeth Manasserian

Boardwalk Properties & Investm

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 8,098 Sq Ft Lot

Parking

  • 2 Car Garage
  • 6 Carport Spaces

Home Design

  • 2,510 Sq Ft Home
  • Property Attached
  • Stucco

Listing and Financial Details

  • Assessor Parcel Number 2459001011

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $17,240
  • Net Operating Income $47,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

8,098 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 2459001011
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Levels: Two
  • Price Per Square Foot: 414.34

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 6.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 8.00

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 8098.00
  • Lot Size Acres: 0.1859

Multi Family

  • Gross Scheduled Income: 65040.00
  • Lot Size Area: 8098.0000 Square Feet
  • Net Operating Income: 47800.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 17240.00
  • Total Expenses: 17240.00

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
Aug 14, 2013
Closed on
Feb 14, 2014
Sold by
Agazaryan Harutyun and Agazaryan Manushak
Bought by
Seller's Agent
Heros Hagopian
Coldwell Banker Hallmark
Buyer's Agent
Elizabeth Manasserian
Boardwalk Properties & Investm
List Price
$985,000
Sold Price
$1,040,000
Premium/Discount to List
$55,000
5.58%
Current Estimated Value
$1,902,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$862,058
Avg. Annual Appreciation
5.28%
Original Mortgage
$410,000
Interest Rate
4.38%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 2, 2005
Sold by
Agazaryan Harutyun and Agazaryan Manushak
Bought by
Agazaryan Harutyun and Agazaryan Manushak

Purchase Details

Closed on
Dec 4, 2003
Sold by
Addison Claudia M
Bought by
Agazaryan Harutyun and Agazaryan Manushak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,750
Interest Rate
5.38%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Hillside District, CA

  • Peggy Lim Real Estate Agent - Real Brokerage Technologies

    Peggy Lim

    Real Brokerage Technologies

    (626) 889-5586

    85 Total Sales

    1 in Hillside District

    $680,000 Price

    Peggy Lim
     Section Image
  • Dana Frank Real Estate Agent - Rodeo Realty

    Dana Frank

    Responds Quickly

    Rodeo Realty

    (424) 842-2137

    140 Total Sales

    1 in Hillside District

    $1,400,000 Price

    Dana Frank
     Section Image
  • Carlos Barron Real Estate Agent - T.N.G. Real Estate Consultants

    Carlos Barron

    T.N.G. Real Estate Consultants

    (657) 385-7956

    83 Total Sales

    1 in Hillside District

    $1,000,000 Price

    Carlos Barron
     Section Image
  • Lillian Barrett Real Estate Agent - First Team Real Estate North Tustin

    Lillian Barrett

    First Team Real Estate North Tustin

    (657) 500-0753

    110 Total Sales

    1 in Hillside District

    $780,000 Price

    Lillian Barrett
     Section Image
  • Eli Strickland Real Estate Agent - RE/MAX INNOVATIONS

    Eli Strickland

    Responds Quickly

    RE/MAX INNOVATIONS

    (833) 400-8714

    138 Total Sales

    1 in Hillside District

    $1,250,000 Price

    Eli Strickland
     Section Image
  • Megan Husri Real Estate Agent - Keller Williams Studio City

    Megan Husri

    Responds Quickly

    Keller Williams Studio City

    (747) 279-3321

    88 Total Sales

    1 in Hillside District

    $1,650,000 Price

    Megan Husri
     Section Image
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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
$1,040,000 Lawyers Title
Agazaryan Harutyun -- --
Agazaryan Harutyun $620,000 Commonwealth Land Title 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 $450,000
Closed Fish Enterprises $410,000
Previous Owner Agazaryan Harutyun $483,750
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
03/04/2014 03/04/14 Sold $1,040,000 +5.6% $414 / Sq Ft
02/12/2014 02/12/14 Pending -- -- --
08/14/2013 08/14/13 For Sale $985,000 -- $392 / 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 $14,995 $1,300,382 $775,229 $525,153
2025 $14,995 $1,274,885 $760,029 $514,856
2024 $14,533 $1,249,888 $745,127 $504,761
2023 $14,384 $1,225,381 $730,517 $494,864
2022 $13,753 $1,201,355 $716,194 $485,161
2021 $13,701 $1,177,800 $702,151 $475,649
2019 $13,165 $1,146,818 $681,326 $465,492
2018 $12,996 $1,124,410 $667,967 $456,443
2016 $12,319 $1,076,953 $642,030 $434,923
2015 $12,076 $1,060,778 $632,387 $428,391
2014 $8,532 $719,089 $661,101 $57,988
Source: Public Records

Agents Affiliated with this Home

  • Heros Hagopian Real Estate Agent - Coldwell Banker Hallmark

    Seller's Agent in 2014

    Heros Hagopian

    Coldwell Banker Hallmark

    (818) 476-3000

    1 Total Sale

    Heros Hagopian
    Section Image
  • Elizabeth Manasserian Real Estate Agent - Boardwalk Properties & Investm

    Buyer's Agent in 2014

    Elizabeth Manasserian

    Boardwalk Properties & Investm

    (818) 635-6357

    10 Total Sales

    Elizabeth Manasserian
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 12178771

California Regional Multiple Listing Service (CRMLS)

APN: 2459-001-011

California Los Angeles County Burbank 91501 Hillside District

631 E Cypress Ave, Burbank, CA

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.

California Regional Multiple Listing Service (CRMLS) 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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