NOT LISTED FOR SALE

720 N Lima St Burbank, CA 91505

Magnolia Park Neighborhood

Estimated Value: $1,149,000 - $1,461,000

2 Beds
1 Bath
1,291 Sq Ft
$1,020/Sq Ft Est. Value

Sale Details

Date Sold: July 20, 2022

Last sale price $1,260,000 $976 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,329 / mo

7 Days on Market

Highlights

  • Above Ground Spa
  • View of Trees or Woods
  • Wood Flooring
  • Dolores Huerta Middle School Rated A-
  • Cathedral Ceiling
  • Spanish Architecture

About This Home

As of July 2022

Upgraded Spanish beauty in Magnolia Park. Charming 2 bed and 1 bath, 1,291 sq. ft. Stucco exterior & red tile roof with lovely interior archways & niches stay true to orig. c.1937 aesthetics.. Living room is awash in natural light with rustic vaulted beam ceiling & fireplace. Entertain in separate dining room. Hardwood floors continue to bedrooms that include CA Closet Design systems; updated bathroom has Toto toilet & bidet. Invite family & friends for bbq on new patios, soak in hot tub & play lawn games in large landscaped backyard with water-saving drip system & lighting. 2020 KitchenAid range; 2020 HVAC with air purifier; Nest thermostat; Pelican whole house water filtration. Permitted 2-car garage/bonus room remodel. New driveway with custom gate, carport & EV hook-up. Newer roof & 2020 foundation earthquake brace & bolt retrofit. Walk to Verdugo Park Recreation Center & Aquatic Facility, Porto's, Starbucks & Roosevelt Elementary School.

Last Agent to Sell the Property

Craig Strong

Compass License #01450987 Listed on: 06/22/2022

Compass

Co-Listed By

Kristin Neithercut

Compass License #02003278

Last Buyer's Agent

JaMaal Marshall

Keller Williams Realty World Media Center License #02044693

Keller Williams Realty World Media Center

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1937

Lot Details

  • 6,764 Sq Ft Lot
  • Lot Dimensions are 50x135
  • Fenced Yard
  • Rectangular Lot
  • Level Lot
  • Drip System Landscaping
  • Sprinklers on Timer
  • Lawn
  • Property is zoned BUR1YY

Parking

  • 2 Car Garage
  • 5 Open Parking Spaces
  • Auto Driveway Gate
  • Driveway

Home Design

  • Spanish Architecture
  • Entry on the 1st floor
  • Turnkey
  • Raised Foundation
  • Stucco

Interior Spaces

  • 1,291 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Formal Entry
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Views of Woods

Kitchen

  • Gas Oven
  • Water Line To Refrigerator
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bidet
  • Low Flow Toliet
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Above Ground Spa
  • Room in yard for a pool

Outdoor Features

  • Slab Porch or Patio
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2480-020-020

Home Details

Home Type

Single Family

Year Built

Built in 1937

Lot Details

6,764 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Floor: 1
  • Entry Location: Foyer
  • Living Area: 1291
  • Lot Acreage: 0.1553
  • Lot Dimensions: 50x135
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 1
  • Year Built: 1937
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Cathedral-Vaulted Ceilings, High Ceilings (9 Feet+), Turnkey
  • Fireplace Rooms: Living Room
  • Flooring: Wood, Tile, Hardwood
  • Appliances: Gas, Oven-Gas
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: All Bedrooms Down
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Bidet, Low Flow Toilet(s), Shower and Tub, Shower Stall, Tile
  • Three Quarter Bathrooms: 0
  • Eating Areas: Formal Dining Rm
  • Kitchen Features: Tile Counters
  • Laundry: Room, Laundry Area
  • Total Bathrooms: 1.00
  • Equipment: Dishwasher, Dryer, Range/Oven, Washer, Garbage Disposal, Gas Dryer Hookup, Stackable W/D Hookup, Water Line to Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 890.01

Exterior Features

  • Construction: Stucco
  • Other Features: High Ceilings (9 Feet+), Sprinkler System, Rain Gutters
  • Other Structures: Other
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Fence: Wrought Iron
  • Patio: Concrete Slab, Patio Open, Rock/Stone
  • Pool Description: Room For
  • Pool: No
  • Spa: Hot Tub, Above Ground
  • Spa Yn: Yes
  • View: Trees/Woods, Walk Street
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 5
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Garage Is Detached, Driveway, Driveway - Concrete, Driveway Gate
  • Total Parking: 7

Utilities

  • Water Heater: Gas, Water Heater Unit
  • Cooling: Central, Air Conditioning, Ceiling Fan
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector, Gated
  • Sewer: In Street
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Drip System, Sprinkler System, Sprinkler Timer
  • Horses: No
  • Assessor Parcel Number: 2480-020-020
  • Lot Description: Back Yard, Fenced, Fenced Yard, Front Yard, Gutters, Lawn, Lot Shape-Rectangular, Lot-Level/Flat, Sidewalks, Single Lot, Walk Street, Yard
  • Lot Location: Flats
  • Lot Size Area: 6764

Rental Info

  • Land Lease Purchase Yn: No

MLS Schools

  • School District: Burbank Unified

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
Jun 22, 2022
Closed on
Jul 1, 2022
Sold by
Bought by
Seller's Agent
Craig Strong
Compass
Buyer's Agent
JaMaal Marshall
Keller Williams Realty World Media Center
List Price
$1,149,000
Sold Price
$1,260,000
Premium/Discount to List
$111,000
9.66%
Current Estimated Value
$1,316,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,655
Avg. Annual Appreciation
1.13%
Original Mortgage
$900,000
Outstanding Balance
$857,277
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$459,378

Purchase Details

Closed on
Aug 17, 2020
Sold by
Bought by

Purchase Details

Closed on
Nov 13, 2017
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
$120,000
Interest Rate
3.85%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Aug 11, 2013
Closed on
Sep 10, 2013
Sold by
Bought by
Seller's Agent
Mimi Tonokaboni
Realty Source
Buyer's Agent
Russell Gallaher
People's Choice Brokers
List Price
$649,000
Sold Price
$630,000
Premium/Discount to List
-$19,000
-2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%
Original Mortgage
$576,922
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 2008
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
$553,500
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2008
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
$553,500
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2005
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
$469,342
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2000
Sold by
Bought by
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

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
$1,260,000 Ticor Title
-- Ticor Title
-- American Coast Title
-- Wfg National Title Company
$630,000 Lawyers Title
-- Accommodation
$615,000 Old Republic Title Company
-- Alliance Title Company
-- --
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 $900,000
Previous Owner $120,000
Previous Owner $576,922
Previous Owner $553,500
Previous Owner $469,342
Closed $469,342
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
07/20/2022 07/20/22 Sold $1,260,000 +9.7% $976 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $1,149,000 +82.4% $890 / Sq Ft
10/09/2013 10/09/13 Sold $630,000 -2.9% $488 / Sq Ft View Prior Sale
08/28/2013 08/28/13 Pending -- -- --
08/11/2013 08/11/13 For Sale $649,000 -- $503 / Sq Ft
Source: The MLS

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 $14,771 $1,310,903 $1,048,723 $262,180
2024 $14,330 $1,285,200 $1,028,160 $257,040
2023 $14,176 $1,260,000 $1,008,000 $252,000
2022 $8,122 $740,446 $582,195 $158,251
2021 $8,090 $725,929 $570,780 $155,149
2019 $7,761 $704,400 $553,851 $150,549
2018 $7,662 $690,590 $542,992 $147,598
2017 $7,500 $677,050 $532,346 $144,704
2016 $7,276 $663,775 $521,908 $141,867
2015 $7,127 $653,806 $514,069 $139,737
2014 $7,108 $630,000 $504,000 $126,000
Source: Public Records

Agents Affiliated with this Home

  • Craig Strong

    Seller's Agent in 2022

    Craig Strong

    Compass

    (818) 987-9700

    23 in this area

    315 Total Sales

    Craig Strong
    Section Image
  • Kristin Neithercut

    Seller Co-Listing Agent in 2022

    Kristin Neithercut

    Compass

    (508) 826-7127

    30 in this area

    188 Total Sales

    Kristin Neithercut
    Section Image

  • J

    Buyer's Agent in 2022

    JaMaal Marshall

    Keller Williams Realty World Media Center

    Section Image

  • G

    Buyer Co-Listing Agent in 2022

    Grace Miranda

    Keller Williams Realty World Media Center

    (818) 239-3500

    3 in this area

    64 Total Sales

    Grace Miranda
    Section Image

  • V

    Buyer Co-Listing Agent in 2022

    Viola Sawiris

    C&G Real Estate Inc.

    (310) 292-3602

    1 in this area

    6 Total Sales

    Viola Sawiris
    Section Image
  • Mimi Tonokaboni

    Seller's Agent in 2013

    Mimi Tonokaboni

    Realty Source

    (818) 501-7100

    Mimi Tonokaboni
    Section Image
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Map

Source: The MLS

MLS Number: 22-170545

The MLS

APN: 2480-020-020

California Los Angeles County Burbank 91505 Magnolia Park

720 N Lima St, Burbank, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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