NOT LISTED FOR SALE

708 E Magnolia Blvd Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $2,196,000 - $2,767,884

2 Beds
2 Baths
1,050 Sq Ft
$2,366/Sq Ft Est. Value

Sale Details

Date Sold: June 16, 2017

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

Est. 42% increase in value since last sale

Current estimated payment $15,340 / mo

Highlights

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

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 in unit

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2017
Closed on
May 31, 2017
Sold by
Bought by
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
$2,483,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$733,971
Avg. Annual Appreciation
3.96%
Original Mortgage
$1,312,500
Outstanding Balance
$1,073,173
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$1,410,798

Purchase Details

Closed on
Jun 26, 2007
Sold by
Bought by

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,750,000 Lawyers Title
$1,240,000 First Southwestern Title Co
-- First Southwestern Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,312,500
Previous Owner $417,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $23,086 $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

    15 in this area

    198 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

    22 Total Sales

    mark ogden
    Section Image
  • Albert Babayan

    Buyer's Agent in 2017

    Albert Babayan

    JohnHart Real Estate

    (818) 246-1099

    7 in this area

    118 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

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California Regional Multiple Listing Service (CRMLS) 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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