J
Seller's Agent in 2018
John Gerro
JOHN M. GERRO
(818) 840-0666
3 Total Sales
703 S 6th St Burbank, CA 91501
Hillside District NeighborhoodEstimated Value: $1,180,000 - $1,507,000
3
Beds
3
Baths
1,710
Sq Ft
$801/Sq Ft
Est. Value
Highlights
- No Units Above
- Corner Lot
- Floor Furnace
- Joaquin Miller Elementary School Rated A-
- Neighborhood Views
- 3-minute walk to Joaquin Miller Park
About This Home
As of August 2018Triplex located in prime residential area. Well maintained and fully occupied. 3 units (1+1 each) with separate detached garages (off of Sixth Street).
Each unit is separately metered for electric and gas. Each unit has a separate address; 540 E. Cedar Ave. (corner of Cedar and Sixth), 703 S. Sixth Street, and 705 S. Sixth Street. All three unit homes are situated on a large 5,591 square foot lot above Glenoaks Boulevard, and is in close proximity to shopping, restaurants, entertainment, Burbank schools and services, hiking & biking trails, and a golf course. Upon submitting offer please submit verification of funds.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1940
Lot Details
- 5,591 Sq Ft Lot
- No Units Above
- No Units Located Below
- Two or More Common Walls
- Corner Lot
- Front Yard
- Density is up to 1 Unit/Acre
Parking
- 3 Car Garage
Home Design
- Triplex
Interior Spaces
- 1,710 Sq Ft Home
- Neighborhood Views
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Additional Features
- Exterior Lighting
- Floor Furnace
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 2
- Tax Tract Number 112
- Assessor Parcel Number 5621025007
Community Details
Overview
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $928
- Water Sewer Expense $2,760
- Operating Expense $4,888
- Gross Income $2,580
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 12, 2018
Closed on
Jul 1, 2018
Sold by
Gerro John M
Bought by
Hamoui Fayez and Hamoui May
Seller's Agent
John Gerro
JOHN M. GERRO
List Price
$1,150,000
Sold Price
$1,050,000
Premium/Discount to List
-$100,000
-8.7%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,050
Avg. Annual Appreciation
3.63%
Purchase Details
Closed on
Apr 29, 1996
Sold by
Gerro Yvonne
Bought by
Gerro Yvonne and Gerro Trust
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hamoui Fayez | $1,050,000 | Stewart Title Company | |
| Gerro Yvonne | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/08/2018 08/08/18 | Sold | $1,050,000 | -4.1% | $614 / Sq Ft |
| 08/03/2018 08/03/18 | Pending | -- | -- | -- |
| 07/18/2018 07/18/18 | Price Changed | $1,095,000 | -4.8% | $640 / Sq Ft |
| 06/12/2018 06/12/18 | For Sale | $1,150,000 | -- | $673 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $12,879 | $1,171,289 | $892,413 | $278,876 |
| 2024 | $12,879 | $1,148,323 | $874,915 | $273,408 |
| 2023 | $12,742 | $1,125,808 | $857,760 | $268,048 |
| 2022 | $12,163 | $1,103,735 | $840,942 | $262,793 |
| 2021 | $12,119 | $1,082,094 | $824,453 | $257,641 |
| 2019 | $11,628 | $1,050,000 | $800,000 | $250,000 |
| 2018 | $1,342 | $105,577 | $46,366 | $59,211 |
| 2016 | $1,257 | $101,478 | $44,566 | $56,912 |
| 2015 | $1,234 | $99,955 | $43,897 | $56,058 |
| 2014 | $1,252 | $97,998 | $43,038 | $54,960 |
Source: Public Records
Agents Affiliated with this Home
-
John Gerro
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB18139709
APN: 5621-025-007
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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