NOT LISTED FOR SALE

708 E Magnolia Blvd Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,426,000 - $2,686,390

2 Beds
2 Baths
1,050 Sq Ft
$2,058/Sq Ft Est. Value

Last Sold June 16, 2017

Last sale price $1,750,000 $1,667 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $12,962/month

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • Ralph Emerson Elementary School Rated A-
  • Laundry Room
  • 1-Story Property

About This Home

As of May 2023

Fully Updated * Top Floor * Bright * 2 Bedroom / 2 Bathroom * 1,050sqft * Open Floor Plan * Laminate Floors * Recessed Lighting * Laundry Inside * Central A/C & Heat * Lots Of Storage * 2 Car Parking * Tenant Pays All Utilities * No Pets

Last Agent to Rent the Property

Artin Sarkissian

The Art In Real Estate License #01722942 Listed on: 04/17/2023

Last Renter's Agent

Artin Sarkissian

The Art In Real Estate License #01722942 Listed on: 04/17/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 7,608 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Security Deposit $4,500
  • Rent includes gardener
  • 12-Month Minimum Lease Term
  • Available 4/17/23
  • Legal Lot and Block 16 / 20
  • Assessor Parcel Number 2455032017

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

7,608 Sq Ft Lot

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2023-04-17
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 4500
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Quadruplex
  • Property Attached: Yes
  • View: No
  • Zoning: BUR3*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Lease
  • Parcel Number: 2455032017
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1050.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3.10
  • Room Type: Kitchen

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7608.00
  • Lot Size Acres: 0.1747

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 7608.0000 Square Feet
  • Number Of Units Total: 4
  • Rent Includes: Gardener

Tax Info

  • Tax Block: 20
  • Tax Census Tract: 3102.01
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2017
Closed on
May 31, 2017
Sold by
Crevier Corinne C
Bought by
Dilanchyan Alfred and Dilanchyan Natalia
Seller's Agent
mark ogden
Sotheby's International Realty
Buyer's Agent
Albert Babayan
JohnHart Real Estate
List Price
$1,775,000
Sold Price
$1,750,000
Premium/Discount to List
-$25,000
-1.41%
Current Estimated Value
$2,160,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$410,848
Avg. Annual Appreciation
2.45%
Original Mortgage
$1,312,500
Outstanding Balance
$1,091,726
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$1,069,122

Purchase Details

Closed on
Jun 26, 2007
Sold by
Shackelford Ray W and Shackelford Trust
Bought by
Crevier Corinne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
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
Dilanchyan Alfred $1,750,000 Lawyers Title
Crevier Corinne C $1,240,000 First Southwestern Title Co
Crevier Corinne C -- First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dilanchyan Alfred $1,312,500
Previous Owner Crevier Corinne C $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2023 05/16/23 Rented $3,250 0.0% --
04/29/2023 04/29/23 Price Changed $3,250 -7.1% $3 / Sq Ft
04/17/2023 04/17/23 For Rent $3,500 0.0% --
06/16/2017 06/16/17 Sold $1,750,000 -1.4% $352 / Sq Ft View Prior Sale
06/15/2017 06/15/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $1,775,000 -- $357 / 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 $22,363 $2,031,019 $1,218,612 $812,407
2024 $22,363 $1,991,196 $1,194,718 $796,478
2023 $22,125 $1,952,154 $1,171,293 $780,861
2022 $21,125 $1,913,877 $1,148,327 $765,550
2021 $21,032 $1,876,351 $1,125,811 $750,540
2020 $20,801 $1,857,113 $1,114,268 $742,845
2019 $20,180 $1,820,700 $1,092,420 $728,280
2018 $19,966 $1,785,000 $1,071,000 $714,000
2016 $15,321 $1,375,875 $1,109,578 $266,297
2015 $15,011 $1,355,209 $1,092,912 $262,297
2014 $14,979 $1,328,663 $1,071,504 $257,159
Source: Public Records

Agents Affiliated with this Home

  • Artin Sarkissian

    Landlord's Agent in 2023

    Artin Sarkissian

    The Art In Real Estate

    (818) 437-2433

    16 in this area

    213 Total Sales

    Artin Sarkissian
    Section Image

  • R

    Buyer Co-Listing Agent in 2023

    Romel Soltanian

    The Art In Real Estate

    (818) 241-3000

    2 in this area

    21 Total Sales

    Romel Soltanian
    Section Image

  • m

    Seller's Agent in 2017

    mark ogden

    Sotheby's International Realty

    (626) 484-6424

    21 Total Sales

    mark ogden
    Section Image
  • Albert Babayan

    Buyer's Agent in 2017

    Albert Babayan

    JohnHart Real Estate

    (818) 246-1099

    11 in this area

    132 Total Sales

    Albert Babayan
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD23063837

California Regional Multiple Listing Service (CRMLS)

APN: 2455-032-017

California Los Angeles County Burbank 91501 Hillside District

708 E Magnolia Blvd, Burbank, CA

Not Listed for Sale

MultiFamily

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