NOT LISTED FOR SALE

Estimated Value: $1,190,821 - $1,518,000

6 Beds
4 Baths
2 Sq Ft
$686,478/Sq Ft Est. Value

Last Sold October 28, 2017

Last sale price $891,000 $445,500 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $8,275/month

51 Days on Market

Highlights

  • Solar Power System
  • All Bedrooms Downstairs
  • Dual Staircase
  • Verdugo Hills Senior High School Rated A-
  • Bluff View
  • Property is near public transit

About This Home

As of October 2017

Great Real Estate Investment Rental Opportunity "DUPLEX" 2-UNITS in a desirable location of Sun Valley, CA. Adjacent to Burbank, CA. with beautiful views to the Burbank Airport from the back unit second floor.
Front Unit offers 3-Bed 2-Bath fully renovated in and out, Car Port and in move in condition.
Back Unit offers 3-Bed 2.5-Baths with a 4-Car Garage built in 2015 with beautiful views from the second floor.
This is one opportunity you don't want to miss!! You want to see it to see the rental income investment potential.
Thousands of dollars in upgrades have been put into these units, including hardwood flooring throughout, tile flooring in Kitchen and Bathrooms with updated kitchens, dual pane windows, security system, cameras throughout the property, solar system and much, much more. Close to schools, shopping malls and close to Freeway Access.
Both units have separate Electricity and Gas meters, however they do share the water meter.
These units are being sold in as is condition and both units are vacant.
Agents, bring your investors to view this Duplex and don't miss out on an opportunity for great rental income potential.
This property won't last and it is priced to sell fast!!

Last Agent to Sell the Property

Fernando Toribio

GoTo Real Estate Solutions License #01800697 Listed on: 07/13/2017

Last Buyer's Agent

Habashi Habashi

No Firm Affiliation License #00932838

No Firm Affiliation

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 10,224 Sq Ft Lot
  • No Common Walls
  • Paved or Partially Paved Lot
  • Level Lot
  • Back Yard
  • Density is 2-5 Units/Acre
  • Land Lease

Parking

  • 4 Car Garage

Home Design

  • Duplex
  • Copper Plumbing

Interior Spaces

  • 2 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Crown Molding
  • Recessed Lighting
  • Bluff Views

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Laundry in Kitchen
  • 220 Volts In Laundry
  • Gas Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient Windows
  • Solar Power System
  • Solar Heating System

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 7
  • Tax Tract Number 3575
  • Assessor Parcel Number 2407016009

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Zoning: LAR1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 2407016009
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Interior Amenities: 2 Staircases, Balcony, Copper Plumbing Full, Crown Molding, Living Room Balcony, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Levels: One
  • Room Type: All Bedrooms Down, All Bedrooms Up, Laundry

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Garage, 220 Volts in Laundry
  • Heating Type: Central, Solar
  • Laundry Features: Gas & Electric Dryer Hookup, Gas Dryer Hookup, In Garage, In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Green Features

  • Efficiency: Windows
  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: 2-5 Units/Acre, Back Yard, Bluff, Level with Street, Lot 10000-19999 Sqft, Near Public Transit, Paved
  • Lot Size Sq Ft: 10224.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 1222.00
  • Tax Lot: 7
  • Tax Tract Number: 3575

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2021
Sold by
Sandino Casey
Bought by
Sandino Maria J
Current Estimated Value
$1,372,955

Purchase Details

Listed on
Jul 13, 2017
Closed on
Sep 14, 2017
Sold by
The Mt Real Estate Investments Llc
Bought by
Sandino Casey and Sandino Maria J
Seller's Agent
Fernando Toribio
GoTo Real Estate Solutions
Buyer's Agent
Habashi Habashi
No Firm Affiliation
List Price
$849,500
Sold Price
$891,000
Premium/Discount to List
$41,500
4.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%
Original Mortgage
$711,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2012
Sold by
Tudela Mario R and The Mario R Tudela Revocable L
Bought by
Mt Real Estate Investments Llc

Purchase Details

Closed on
Jun 11, 2009
Sold by
Tudela Mario R
Bought by
Tudela Mario R and The Mario R Tudela Revocable L

Purchase Details

Closed on
Sep 28, 2005
Sold by
The Page Family Trust
Bought by
Tudela Mario R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
6.75%
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

Date Buyer Sale Price Title Company
Sandino Maria J -- Accommodation
Sandino Casey $891,000 Pacific Coast Title Company
Mt Real Estate Investments Llc -- None Available
Tudela Mario R -- None Available
Tudela Mario R $485,000 Fidelity Van Nuys
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sandino Casey $711,000
Previous Owner Tudela Mario R $388,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2017 10/28/17 Sold $891,000 +4.9% $445,500 / Sq Ft
09/02/2017 09/02/17 Pending -- -- --
07/13/2017 07/13/17 For Sale $849,500 -- $424,750 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $13,135 $1,075,175 $735,064 $340,111
2024 $13,135 $1,054,094 $720,651 $333,443
2023 $12,884 $1,033,426 $706,521 $326,905
2022 $11,616 $955,330 $569,338 $385,992
2021 $11,470 $936,599 $558,175 $378,424
2020 $11,584 $926,996 $552,452 $374,544
2019 $11,131 $908,820 $541,620 $367,200
2018 $10,930 $891,000 $531,000 $360,000
2017 $0 $546,419 $255,603 $290,816
2016 $6,617 $535,706 $250,592 $285,114
2015 $3,974 $319,471 $246,828 $72,643
2014 $3,996 $313,214 $241,993 $71,221
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17163845

California Regional Multiple Listing Service (CRMLS)

APN: 2407-016-009