Hilda Hernandez
Berkshire Hathaway HomeServices
(626) 699-8904
98 Total Sales
1 in Hillside District
$1,080,000 Price
723 E Angeleno Ave Burbank, CA 91501
Hillside District Neighborhood
2
Beds
1
Bath
4,384
Sq Ft
7,674
Sq Ft Lot
About This Home
As of May 2017We are proud to represent the pride of ownership five unit non-rent control apartment building located above Glenoaks Blvd. in Burbank
within walking distance of Downtown Burbank's shopping, restaurants and AMC movie complex.
The property is located in an excellent location of Burbank were properties rarely become available. Angeleno Street is considered one of the best streets in Burbank. The building is a total of 4,384 square feet and is situated on a large 7,673 square foot lot. The units include (5) two bedroom one bath units and was built in 1960.
This building is very well maintained and upgraded. Three of the units have been remodeled with new bathrooms, granite counter tops in the kitchen and tankless water heaters. Tenants enjoy private balconies or patios and enclosed garages. Two units have new wood flooring and carpet. The rents are below market and Burbank is not subject to rent control. The city of Burbank is a highly desirable rental market and is known as the media capital of the world which is home to Disney Studios, Warner Brothers, Nickelodeon and NBC. The city has 80 different restaurants, 30 movie screens, and 200 shops. Residents enjoy top ranked schools, easy access to the 5 and 134 freeway, and close proximity to the Burbank Metro link. The building
is fully occupied and is separately metered for gas and electricity.
An astute investor will take advantage of historical low interest rates and the dramatically increasing rental market.
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 7,674 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 5 Car Garage
Home Design
- 4,384 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Listing and Financial Details
- Tax Lot 9
- Tax Tract Number 3102
- Assessor Parcel Number 2455017009
Community Details
Overview
- 5 Units
Building Details
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,753
- Water Sewer Expense $2,500
- New Taxes Expense $21,250
- Operating Expense $29,703
- Gross Income $85,008
- Net Operating Income $55,305
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hillside District, CA
-
Hilda Hernandez
-
Brian Larsen
Brian Larsen
Beverly and Company, Inc.
(323) 553-5369
12 Total Sales
1 in Hillside District
$925,000 Price
-
Beatrice Harendza-Harinxma
Beatrice Harendza-Harinxma
COMPASS
(818) 418-8114
47 Total Sales
1 in Hillside District
$1,260,000 Price
-
Steve Julian
Steve Julian
Luxury Collective
(747) 293-4987
169 Total Sales
1 in Hillside District
$1,125,000 Price
-
Leslie Cross
Leslie Cross
Townsquare Real Estate Partners Inc.
(626) 657-2932
29 Total Sales
1 in Hillside District
$920,000 Price
-
Angelo Fierro
Angelo Fierro
Compass
(213) 277-2416
61 Total Sales
1 in Hillside District
$1,305,000 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 |
|---|---|---|---|
| $1,650,000 | California Members Title Ins | ||
| Golden Orchid Llc | -- | None Available | |
| Mark Mable | $453,500 | Fidelity National Title Co | |
| Kopol Llc | -- | Investors Title Company | |
| Delfani Mohamad | -- | American Title Co | |
| Delfani Mohamad | $640,000 | American 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 | $1,000,000 | ||
| Closed | Angeleno Gardens Llc | $250,000 | |
| Previous Owner | Golden Orchid Llc | $555,000 | |
| Previous Owner | Mark Mable | $1,000 | |
| Previous Owner | Mark Mable | $547,936 | |
| Previous Owner | Kopol Llc | $597,000 | |
| Previous Owner | Delfani Mohamad | $420,000 | |
| Previous Owner | Vargo Mary L | $235,750 |
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 |
|---|---|---|---|---|
| 05/05/2017 05/05/17 | Sold | $1,650,000 | -2.9% | $376 / Sq Ft |
| 03/22/2017 03/22/17 | Pending | -- | -- | -- |
| 03/10/2017 03/10/17 | For Sale | $1,700,000 | -- | $388 / 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 |
|---|---|---|---|---|
| 2026 | $22,199 | $1,953,260 | $781,304 | $1,171,956 |
| 2025 | $22,199 | $1,914,962 | $765,985 | $1,148,977 |
| 2024 | $21,496 | $1,877,415 | $750,966 | $1,126,449 |
| 2023 | $21,272 | $1,840,604 | $736,242 | $1,104,362 |
| 2022 | $20,326 | $1,804,514 | $721,806 | $1,082,708 |
| 2021 | $20,243 | $1,769,132 | $707,653 | $1,061,479 |
| 2019 | $19,439 | $1,716,660 | $686,664 | $1,029,996 |
| 2018 | $19,248 | $1,683,000 | $673,200 | $1,009,800 |
| 2016 | $12,190 | $1,062,100 | $637,260 | $424,840 |
| 2015 | $11,951 | $1,046,147 | $627,688 | $418,459 |
| 2014 | $11,941 | $1,025,655 | $615,393 | $410,262 |
Source: Public Records
Agents Affiliated with this Home
-
Cindy Hill
Seller's Agent in 2017
Cindy Hill
Equity Union
(818) 640-8360
4 in this area
74 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR17049400
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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