NOT LISTED FOR SALE

701 E Cypress Ave Unit 102 Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $899,000 - $1,162,000

3 Beds
2.5 Baths
1,770 Sq Ft
$560/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $588,000 $332 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,921/month

Highlights

  • Rooftop Deck
  • Primary Bedroom Suite
  • Gated Community
  • Ralph Emerson Elementary School Rated A-
  • Gated Parking
  • Open Floorplan

About This Home

As of March 2022

Instantly feel at home in this bright and spacious two-story, end-unit condo with a view! Built in 2007, this townhouse-style condo with central A/C located above Glenoaks boasts 1770 SQFT of indoor living space plus two balconies and a private rooftop deck! The first floor has everything you could want: high, 9ft ceilings; a large kitchen with walk-in pantry and included stainless-steel appliances; a powder room; and a vast, open living/dining room complete with gas fireplace and balcony. Upstairs awaits with 3 ample bedrooms, 2 bathrooms, and a stacked washer and dryer. The expansive master suite features a walk-in closet, balcony, and jetted-tub for relaxing after a long day. Take in the view from your personal roof-top deck complete with sofa, fire pit, and Weber grill with natural gas line. Located in a secure complex of only five units, this condo is the only one accessed from the left-side of the building. Includes gated parking with two assigned side-by-side spots with space for storage as well as one community guest parking spot. This unit is located within half a mile of the local elementary, middle, and high schools and just three-quarters of a mile from Downtown Burbank and Burbank Town Center, giving you easy access to restaurants, shopping, entertainment, and much more. Water included. Pets considered on a case-by-case basis with two months security deposit. No smoking. A minimum of good credit is a must in order to call this fantastic unit home.

Last Agent to Rent the Property

Maria Turner

Realty One Group Success License #01991781 Listed on: 03/04/2022

Realty One Group Success

Last Renter's Agent

Maria Turner

Realty One Group Success License #01991781 Listed on: 03/04/2022

Realty One Group Success

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2007

Lot Details

  • 8,046 Sq Ft Lot
  • End Unit
  • Two or More Common Walls
  • Block Wall Fence

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Gated Parking
  • Assigned Parking
  • Controlled Entrance
  • Community Parking Structure

Property Views

  • Mountain
  • Hills

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Stucco

Interior Spaces

  • 1,770 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Dual Staircase
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Window Screens
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Alarm System
  • Attic

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Gas Oven
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops

Flooring

  • Bamboo
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Mirrored Closets Doors
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Low Flow Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Stacked Washer and Dryer

Outdoor Features

  • Living Room Balcony
  • Rooftop Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Schools

  • Burbank High School

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $3,850
  • Rent includes association dues, gardener, sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 3/5/22
  • Tax Lot 1
  • Tax Tract Number 63102
  • Assessor Parcel Number 2459001133

Community Details

Overview

  • Property has a Home Owners Association
  • Front Yard Maintenance
  • 5 Units

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Year Built

Built in 2007

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2022-03-05
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 3850
  • Deposit Security: 3850
  • Furnished: Unfurnished
  • Total Move In Costs: 7600.00

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Gated Community, Smoke Detector(s), Wired for Alarm System
  • View: Yes
  • Zoning: BUR3*
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential Lease
  • Parcel Number: 2459001133
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1770.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Crown Molding, Granite Counters, High Ceilings, Living Room Balcony, Open Floorplan, Pantry, Recessed Lighting, Storage, Unfurnished
  • Stories: 2
  • Common Walls: 2+ Common Walls, End Unit
  • Flooring: Bamboo, Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2.18
  • Room Type: All Bedrooms Up, Attic, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet, Walk-In Pantry
  • Window Features: Double Pane Windows, Screens
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Jetted Tub
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Lighting
  • View: Hills, Mountain(s)
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Covered, Roof Top
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Controlled Entrance, Gated
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher, Gas Oven, Ice Maker, Microwave, Refrigerator, Water Heater, Water Line to Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Inside, Upper Level, Stackable, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Front Yard
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Schools

  • High School: Burbank
  • High School2: BURBAN

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 8046.00
  • Lot Size Acres: 0.1847

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 8046.0000 Square Feet
  • Number Of Units In Community: 5
  • Number Of Units Total: 5
  • Rent Includes: Association Dues, Gardener, Sewer, Trash Collection, Water

Tax Info

  • Tax Census Tract: 3102.01
  • Tax Lot: 1
  • Tax Tract Number: 63102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2018
Sold by
Das Suhas
Bought by
Palk Nathanael Lee and Palk Janice
Current Estimated Value
$990,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,500
Outstanding Balance
$461,491
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$529,404

Purchase Details

Listed on
Feb 23, 2015
Closed on
Feb 3, 2015
Sold by
Yoon Hosuck
Bought by
Das Suhas and Das Sanchita
Seller's Agent
Kate Joh
Coldwell Banker Hallmark
Buyer's Agent
PFNon-Member Default
NON MEMBER
List Price
$588,000
Sold Price
$588,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.93%
Original Mortgage
$464,000
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 11, 2011
Sold by
Kim Daniel C
Bought by
Yoon Hosuck

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2008
Sold by
Mahmoudlou Gorgji and Vartane Garineh
Bought by
Piridzhanyan Vazgen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2008
Sold by
Piridzhanyan Vazgen
Bought by
Kim Daniel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2008
Sold by
Piridzhayan Vazgen
Bought by
Mahmoudlou Gorgji

Purchase Details

Closed on
Mar 8, 2007
Sold by
701 E Cypress Llc
Bought by
Piridzhanyan Vazgen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Palk Nathanael Lee $710,000 Lawyers Title Insurance Comp
Das Suhas $588,000 Fidelity
Yoon Hosuck $487,500 Chicago Title Company
Yoon Hosuck -- Chicago Title Company
Piridzhanyan Vazgen -- United Title Company
Kim Daniel C -- United Title Company
Kim Daniel C $510,000 United Title Company
Mahmoudlou Gorgji -- None Available
Piridzhanyan Vazgen $695,000 Chicago Title Subdivision
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palk Nathanael Lee $532,500
Previous Owner Das Suhas $464,000
Previous Owner Yoon Hosuck $339,500
Previous Owner Kim Daniel C $255,000
Previous Owner Piridzhanyan Vazgen $556,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/10/2022 03/10/22 Rented $3,850 0.0% --
03/10/2022 03/10/22 Under Contract -- -- --
03/04/2022 03/04/22 For Rent $3,850 0.0% --
02/27/2015 02/27/15 Sold $588,000 0.0% -- View Prior Sale
02/26/2015 02/26/15 Pending -- -- --
02/23/2015 02/23/15 For Sale $588,000 -- --
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 $8,745 $792,014 $387,195 $404,819
2024 $8,745 $776,485 $379,603 $396,882
2023 $8,652 $761,260 $372,160 $389,100
2022 $8,183 $746,334 $364,863 $381,471
2021 $8,148 $731,701 $357,709 $373,992
2020 $8,057 $724,200 $354,042 $370,158
2019 $7,815 $710,000 $347,100 $362,900
2018 $7,012 $621,081 $241,988 $379,093
2016 $6,655 $596,966 $232,593 $364,373
2015 $5,704 $519,674 $195,184 $324,490
2014 $5,690 $509,495 $191,361 $318,134
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22043890

California Regional Multiple Listing Service (CRMLS)

APN: 2459-001-133