Josh Stein-Sapir
Keyes Real Estate
(562) 456-3475
137 Total Sales
1 in Hillside District
$1,500,000 Price
721 E Magnolia Blvd Burbank, CA 91501
Hillside District Neighborhood
10
Beds
2
Baths
6,562
Sq Ft
7,412
Sq Ft Lot
Highlights
- Central Heating and Cooling System
- Ralph Emerson Elementary School Rated A-
- Ceiling Fan
About This Home
As of March 2013No rent control! Market rents should bring the gross income to $102,000! Fantastic opportunity to own a large (6,600 sq ft) apartment building north of Glenoaks with a huge owners units with dining room and washer and dryer and central a/c. First time on the market. Very low rents. Non rent control makes it easy to attain market rents immediately. All units are very large and the property is in great shape. Please do not disturb the tenants as they do not know it is for sale. Each unit has 2 covered parking and it has great curb appeal. Possible condo conversion. Please call for more info.
Last Agent to Sell the Property
Keller Williams Realty Calabasas License #01291486 Listed on: 11/19/2012
Last Buyer's Agent
Frida Najarian
License #01759632
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1978
Lot Details
- 7,412
Parking
- 10 Parking Spaces
Interior Spaces
- 6,562 Sq Ft Home
- 2-Story Property
- Ceiling Fan
Kitchen
- Oven or Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 10 Bedrooms
- 2 Bathrooms
Additional Features
- 7,412 Sq Ft Lot
- Central Heating and Cooling System
Community Details
- 5 Units
Listing and Financial Details
- Assessor Parcel Number 2455-033-005
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
Nov 19, 2012
Closed on
May 14, 2013
Sold by
Sarkisyan Holdings Llc
Bought by
Seller's Agent
Alex Galuz
Keller Williams Realty Calabasas
Buyer's Agent
Frida Najarian
List Price
$1,499,000
Sold Price
$1,375,000
Premium/Discount to List
-$124,000
-8.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$686,000
Interest Rate
3.5%
Mortgage Type
Commercial
Purchase Details
Listed on
Nov 19, 2012
Closed on
Mar 18, 2013
Sold by
Sbl Leland Llc
Bought by
Sarkisyan Holdings
Seller's Agent
Alex Galuz
Keller Williams Realty Calabasas
Buyer's Agent
Frida Najarian
List Price
$1,499,000
Sold Price
$1,375,000
Premium/Discount to List
-$124,000
-8.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$686,000
Interest Rate
3.5%
Mortgage Type
Commercial
Purchase Details
Closed on
May 1, 2010
Sold by
Leland Robert Scott and Leland Edgar Linda
Bought by
Sbl Leland Llc
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hillside District, CA
-
Josh Stein-Sapir
-
Cherryl Weaver
Cherryl Weaver
Re/Max Tri-City
(213) 516-9631
30 Total Sales
2 in Hillside District
$1.2M - $1.4M Price Range
-
Sheida Rezazadeh
Sheida Rezazadeh
Keller Williams R. E. Services
(747) 307-5722
20 Total Sales
2 in Hillside District
$1,697,000 Price Range
-
Matthew Isbell
Matthew Isbell
Compass
(424) 380-7615
50 Total Sales
1 in Hillside District
$1,350,000 Price
-
Roddy de la Garza
Roddy de la Garza
Epique Realty
(323) 615-1579
118 Total Sales
1 in Hillside District
$1,674,000 Price
-
Julian Munoz
Julian Munoz
EMPOWER Real Estate
(747) 271-5125
14 Total Sales
1 in Hillside District
$600,000 Price
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 |
|---|---|---|---|
| -- | Fnt | ||
| Sarkisyan Holdings | $1,400,000 | Fidelity Van Nuys | |
| Sbl Leland Llc | $1,200,000 | None Available |
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 | $1,140,000 | ||
| Closed | Sarkisyan Holdings Llc | $1,200,000 | |
| Closed | Sarkisyan Holdings Llc | $686,000 | |
| Previous Owner | Sarkisyan Holdings | $567,000 |
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 |
|---|---|---|---|---|
| 03/22/2013 03/22/13 | Sold | $1,375,000 | -8.3% | $210 / Sq Ft |
| 02/18/2013 02/18/13 | Pending | -- | -- | -- |
| 11/19/2012 11/19/12 | For Sale | $1,499,000 | -- | $228 / 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 |
|---|---|---|---|---|
| 2026 | $20,242 | $1,758,465 | $1,055,080 | $703,385 |
| 2025 | $20,242 | $1,723,987 | $1,034,393 | $689,594 |
| 2024 | $19,595 | $1,690,184 | $1,014,111 | $676,073 |
| 2023 | $19,393 | $1,657,044 | $994,227 | $662,817 |
| 2022 | $18,539 | $1,624,554 | $974,733 | $649,821 |
| 2021 | $18,444 | $1,592,701 | $955,621 | $637,080 |
| 2019 | $17,718 | $1,545,463 | $927,278 | $618,185 |
| 2018 | $17,525 | $1,515,161 | $909,097 | $606,064 |
| 2016 | $16,580 | $1,456,328 | $873,797 | $582,531 |
| 2015 | $16,252 | $1,434,453 | $860,672 | $573,781 |
| 2014 | $16,224 | $1,406,355 | $843,813 | $562,542 |
Source: Public Records
Agents Affiliated with this Home
-
Alex Galuz
Seller's Agent in 2013
Alex Galuz
Keller Williams Realty Calabasas
(310) 466-0888
42 Total Sales
-
FN
Buyer's Agent in 2013
Frida Najarian
Map
Source: The MLS
MLS Number: 12-636817
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© 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.
Information is deemed reliable but not guaranteed.
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