$1,365,000
SOLD FEB 21, 2025
4 Beds
3 Baths
2,024 Sq Ft
6,663 Sq Ft Lot

Recently Sold

$674 Per Sq Ft

9% Below List Price

84 Days on Market

Highlights

  • Laundry Room
  • Ralph Emerson Elementary School Rated A-
  • 1-Story Property

About This Home

As of February 2025

This home is located at 633 E Fairmount Rd, Burbank, CA 91501 and is currently priced at $1,365,000, approximately $674 per square foot. This property was built in 1926. 633 E Fairmount Rd is a home located in Los Angeles County with nearby schools including Ralph Emerson Elementary School, John Muir Middle School, and Burbank High School.

Last Agent to Sell the Property

Ramon Rascon

RE/MAX One Brokerage Phone: 562-449-7228 License #01157350 Listed on: 10/21/2024

RE/MAX One

Co-Listed By

Ruben Martinez

BLVD ESTATE PROPERTIES Brokerage Phone: 562-449-7228 License #02014346

Last Buyer's Agent

Amal Abdou

Elite Real Estate & Management License #00852862

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,993

Year Built

  • Built in 1926

Lot Details

  • 6,663 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,024 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 12 / 1
  • Tax Tract Number 1646
  • Assessor Parcel Number 2459005015
  • $329 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $250
  • Insurance Expense $200
  • Trash Expense $150
  • Water Sewer Expense $400
  • Operating Expense $1,500
  • Gross Income $7,500
  • Net Operating Income $7,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,993

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 682500
  • Property Attached: No
  • Water Sewer Expenses: 400.00
  • Zoning: BUR1YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 2459005015
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: street level
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 674.41

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Trash Expense: 150.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6663.00
  • Lot Size Acres: 0.1530

Multi Family

  • Average1 Bed Area: 500 Square Feet
  • Average3 Bed Area: 1500 Square Feet
  • Electric Expense: 250.00
  • Gross Income: 7500.00
  • Gross Scheduled Income: 8000.00
  • Insurance Expense: 200.00
  • Lot Size Area: 6663.0000 Square Feet
  • Net Operating Income: 7000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 200.00
  • Rent Control: No
  • Total Expenses: 1500.00

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 3102.01
  • Tax Lot: 12
  • Tax Tract Number: 1646
  • TaxOtherAnnualAssessmentAmount: 329.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2024
Closed on
Jan 28, 2025
Sold by
Jones Jack D and Okeum Song
Bought by
Abeysundara Gayan and Abeysundara Stephanie
Seller's Agent
Ramon Rascon
RE/MAX One
Buyer's Agent
Amal Abdou
Elite Real Estate & Management
List Price
$1,499,999
Sold Price
$1,365,000
Premium/Discount to List
-$134,999
-9%
Total Days on Market
84
Views
58
Current Estimated Value
$1,360,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,305
Avg. Annual Appreciation
-1.05%
Original Mortgage
$810,000
Outstanding Balance
$808,650
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$552,045

Purchase Details

Closed on
Jan 19, 2017
Sold by
Jones Jack D
Bought by
Jones Jack D and Jones Okeum Song

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 1999
Sold by
Jones Jack D and Jones Christine M
Bought by
Jones Jack D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,300
Interest Rate
7.75%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,365,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First Southwestern Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $810,000 New Conventional
Previous Owner $245,000 New Conventional
Previous Owner $250,000 Unknown
Previous Owner $343,500 New Conventional
Previous Owner $68,200 Credit Line Revolving
Previous Owner $180,300 No Value Available
Previous Owner $154,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Sold $1,365,000 0.0% $674 / Sq Ft
02/21/2025 02/21/25 Sold $1,365,000 -5.9% $663 / Sq Ft
01/13/2025 01/13/25 Pending -- -- --
01/06/2025 01/06/25 Price Changed $1,450,000 0.0% $716 / Sq Ft
01/06/2025 01/06/25 Price Changed $1,450,000 -3.3% $705 / Sq Ft
10/23/2024 10/23/24 For Sale $1,500,000 +9.9% $729 / Sq Ft
10/23/2024 10/23/24 Off Market $1,365,000 -- --
10/21/2024 10/21/24 For Sale $1,499,999 0.0% $741 / Sq Ft
10/18/2024 10/18/24 Price Changed $1,500,000 -11.8% $729 / Sq Ft
09/18/2024 09/18/24 Price Changed $1,700,000 -5.6% $826 / Sq Ft
09/04/2024 09/04/24 For Sale $1,800,000 -- $875 / 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
2024 $3,993 $340,860 $256,473 $84,387
2023 $3,952 $334,178 $251,445 $82,733
2022 $3,778 $327,626 $246,515 $81,111
2021 $3,751 $321,203 $241,682 $79,521
2020 $3,709 $317,910 $239,204 $78,706
2019 $3,604 $311,677 $234,514 $77,163
2018 $3,475 $305,566 $229,916 $75,650
2016 $3,281 $293,702 $220,989 $72,713
2015 $3,215 $289,291 $217,670 $71,621
2014 $3,218 $283,626 $213,407 $70,219
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24218428

California Regional Multiple Listing Service (CRMLS)

APN: 2459-005-015