NOT LISTED FOR SALE

7517 Burnet Ave van Nuys, CA 91405

Estimated Value: $839,000 - $914,000

4 Beds
3 Baths
1,533 Sq Ft
$579/Sq Ft Est. Value

Sale Details

Date Sold: August 2, 2013

Last sale price $415,000 $271 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $5,490 / mo

27 Days on Market

About This Home

As of August 2013

***STANDARD SALE*** Excellent Opportunity to Purchase a Duplex Income Property in a Wonderful Quiet Neighborhood! ***Large Square Footage...county records shows 1533 sq ft on a 7947 sq ft Lot! *** Both units have just been REMODELED!! One unit is estimated to rent at $1600.00/month & the other unit is estimated to rent at $1400.00/month for a total of $3000.00 or more each month for an ANNUAL est INCOME OF $36000.00 or More...Year After Year of steady income! Close to Great Schools & Parks!! Excellent freeway access for commuting. Quick Response to all offers. Hurry, will sell fast!***

Last Agent to Sell the Property

Rick Young

Young Estate Services License #01818513 Listed on: 04/12/2013

Last Buyer's Agent

Alina Chubay

Omega Realty & Lending,Inc. License #01526845

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 7,947 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage

Home Design

  • 1,533 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 62
  • Tax Tract Number 5646
  • Assessor Parcel Number 2221004001

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

7,947 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 2221004001
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 270.71

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Unknown

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7947.00
  • Lot Size Acres: 0.1820

Multi Family

  • Gross Income: 3000.00
  • Gross Scheduled Income: 36000.00
  • Lot Size Area: 7947.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 62
  • Tax Tract Number: 5646
  • Tax Year: 2012

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

Closed on
Dec 5, 2022
Sold by
Bought by
Current Estimated Value
$887,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Outstanding Balance
$650,369
Interest Rate
7.08%
Mortgage Type
Seller Take Back
Estimated Equity
$236,702

Purchase Details

Closed on
May 13, 2013
Sold by
Bought by

Purchase Details

Closed on
Mar 18, 2013
Sold by
Bought by

Purchase Details

Closed on
Sep 27, 2010
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
$241,500
Interest Rate
4.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2010
Sold by
Bought by

Purchase Details

Closed on
Nov 24, 2008
Sold by
Bought by

Purchase Details

Closed on
May 7, 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
$436,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 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
$285,000
Interest Rate
7.5%
Mortgage Type
Stand Alone First
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
$670,000 Doma Title
$415,000 Ticor Title Riverside
$296,518 Accommodation
$220,000 Old Republic Title Company
$508,590 Landsafe Title
-- None Available
$545,000 Chicago Title Co
$380,000 Southland Title
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 $670,000
Previous Owner $241,500
Previous Owner $436,000
Previous Owner $285,000
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
08/02/2013 08/02/13 Sold $415,000 -11.5% $271 / Sq Ft
05/09/2013 05/09/13 Pending -- -- --
04/12/2013 04/12/13 For Sale $469,000 -- $306 / 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 $8,718 $697,068 $488,988 $208,080
2024 $8,606 $683,400 $479,400 $204,000
2023 $8,440 $670,000 $470,000 $200,000
2022 $5,979 $479,383 $346,545 $132,838
2021 $5,900 $469,984 $339,750 $130,234
2020 $5,955 $465,166 $336,267 $128,899
2019 $5,725 $456,046 $329,674 $126,372
2018 $5,624 $447,105 $323,210 $123,895
2016 $5,294 $429,745 $310,660 $119,085
2015 $5,217 $423,291 $305,994 $117,297
2014 -- $415,000 $300,000 $115,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Rick Young

    Young Estate Services

    Section Image

  • A

    Buyer's Agent in 2013

    Alina Chubay

    Omega Realty & Lending,Inc.

    (818) 400-3311

    32 Total Sales

    Alina Chubay
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG13065415

California Regional Multiple Listing Service (CRMLS)

APN: 2221-004-001

California Los Angeles County Van Nuys 91405

7517 Burnet Ave, Van Nuys, 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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