NOT LISTED FOR SALE

706 E Verdugo Ave Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,263,000 - $1,469,000

3 Beds
2 Baths
1,251 Sq Ft
$1,066/Sq Ft Est. Value

Last Sold April 08, 2016

Last sale price $805,000 $643 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $7,728/month

Highlights

  • Wood Flooring
  • Granite Countertops
  • No HOA
  • Joaquin Miller Elementary School Rated A-
  • Lawn
  • Eat-In Kitchen

About This Home

As of November 2024

Nestled in a highly desirable Burbank neighborhood, the front single-family home is available for rent. The home offers 3 bedrooms, 2 bathrooms, and 1,251 square feet of living space, recently upgraded with modern touches such as wood flooring, recessed lighting, central AC and heating, and generous storage, washer/dryer, refrigerator and more. Located just a short distance from Kenneth Road, this property is a prime lease opportunity for those seeking a home in a top-tier location.

Last Agent to Rent the Property

Albert Babayan

JohnHart Real Estate Brokerage Phone: 818-469-9388 License #01012033 Listed on: 09/30/2024

JohnHart Real Estate

Co-Listed By

Roubina Zargarian

JohnHart Real Estate Brokerage Phone: 818-469-9388 License #01235023

Last Renter's Agent

Albert Babayan

JohnHart Real Estate Brokerage Phone: 818-469-9388 License #01012033 Listed on: 09/30/2024

JohnHart Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 7,185 Sq Ft Lot
  • Lawn
  • Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned BUR4*

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,251 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Living Room with Fireplace
  • Storage
  • Laundry Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Available
  • Tandem Uncovered Parking

Additional Features

  • Patio
  • Suburban Location
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $4,500
  • Available 9/30/24
  • Legal Lot and Block 18 / 28
  • Assessor Parcel Number 2455008017

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

7,185 Sq Ft Lot

Rental Info

  • Cashiers Check: 1ST Month Rent
  • Available Date: 2024-09-30
  • Credit Check Paid By: Tenant
  • Deposit Security: 4500
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: BUR4*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 2455008017
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1251.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting, Storage
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 4.28
  • Room Type: Kitchen, Living Room, Primary Bathroom, Primary Bedroom
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Tandem Uncovered

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Gas Oven, Gas Range, Microwave
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Lawn
  • Lot Size Sq Ft: 7185.00
  • Lot Size Acres: 0.1649

Multi Family

  • Insurance Water Furniture: No
  • Lot Size Area: 7185.0000 Square Feet
  • Number Of Units Total: 6

Tax Info

  • Tax Block: 28
  • Tax Census Tract: 3102.02
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2016
Sold by
Bhojani Shireen
Bought by
Bhojani Salim
Current Estimated Value
$1,333,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,750
Outstanding Balance
$482,285
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$851,297

Purchase Details

Listed on
Mar 1, 2016
Closed on
Mar 22, 2016
Sold by
Gerro Ozzie Alexander
Bought by
Penta Sb Holdings Llc
Seller's Agent
Erich Kroy
California Real Estate Service
Buyer's Agent
Edward Casas
Hillcrest Properties
List Price
$550,000
Sold Price
$805,000
Premium/Discount to List
$255,000
46.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%
Original Mortgage
$603,750
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2013
Sold by
Gerro Ozzie Alexander and The Ozzie A Gerro Trust
Bought by
Gerro Ozzie Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,300
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2006
Sold by
Gerro Ozzie A
Bought by
Gerro Ozzie A and Ozzie A Gerro Trust

Purchase Details

Closed on
Jun 23, 2006
Sold by
Duben Steven J and Lucille Gerro 1994 Trust
Bought by
Gerro Ossip A

Purchase Details

Closed on
Jun 21, 1994
Sold by
Gerro Lucile and Gerro Lucille
Bought by
Gerro Lucille
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Bhojani Salim -- Ticor Title Company
Bhojani Salim -- None Available
Penta Sb Holdings Llc $805,000 First American Title Co La
Gerro Ozzie Alexander -- None Available
Gerro Ozzie A -- None Available
Gerro Ossip A -- None Available
Gerro Lucille -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhojani Salim $603,750
Previous Owner Penta Sb Holdings Llc $603,750
Previous Owner Gerro Ozzie Alexander $259,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2024 11/04/24 Rented $5,350 +18.9% --
11/04/2024 11/04/24 Under Contract -- -- --
09/30/2024 09/30/24 For Rent $4,500 0.0% --
04/08/2016 04/08/16 Sold $805,000 +46.4% $643 / Sq Ft View Prior Sale
03/12/2016 03/12/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $550,000 -- $440 / 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 $10,298 $934,264 $678,708 $255,556
2024 $10,298 $915,946 $665,400 $250,546
2023 $10,188 $897,987 $652,353 $245,634
2022 $9,726 $880,380 $639,562 $240,818
2021 $9,692 $863,119 $627,022 $236,097
2019 $9,300 $837,521 $608,425 $229,096
2018 $9,176 $821,100 $596,496 $224,604
2016 $1,034 $84,190 $35,181 $49,009
2015 $1,015 $82,926 $34,653 $48,273
2014 $1,023 $81,303 $33,975 $47,328
Source: Public Records

Agents Affiliated with this Home

  • Albert Babayan

    Landlord's Agent in 2024

    Albert Babayan

    JohnHart Real Estate

    (818) 246-1099

    12 in this area

    136 Total Sales

    Albert Babayan
    Section Image

  • R

    Landlord's Co-Listing Agent in 2024

    Roubina Zargarian

    JohnHart Real Estate

    (818) 246-1099

    9 in this area

    114 Total Sales

    Roubina Zargarian
    Section Image

  • E

    Seller's Agent in 2016

    Erich Kroy

    California Real Estate Service

    (818) 988-3080

    18 Total Sales

    Erich Kroy
    Section Image

  • E

    Buyer's Agent in 2016

    Edward Casas

    Hillcrest Properties

    (818) 846-9460

    10 Total Sales

    Edward Casas
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD24201393

California Regional Multiple Listing Service (CRMLS)

APN: 2455-008-017

California Los Angeles County Burbank 91501 Hillside District

706 E Verdugo Ave, Burbank, CA

Not Listed for Sale

Detached

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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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