tomo logo

$2,225,000

Beds
5
Baths
5.5
sq ft
2,570

2115 W Clark Ave, Burbank, CA 91506

2115 W Clark Ave

Burbank, CA 91506

  • 46 days on market
    • Price drop $70,000↓
Significant Price Improvement!!!! Welcome to this stunning, fully remodeled 3-bedroom, 3- bath home, meticulously renovated down to studs. Every detail has been thoughtfully designed with modern living in mind, featuring an open floor plan that seamlessly connects the living, dining and kitchen areas. The chef's kitchen is a true showstopper, equipped with top of-the-line Viking appliances, custom cabinetry, and elegant countertops. Each of the spacious bedrooms offers comfort and style, with luxurious bathrooms boasting high-end finishes and fixtures. This turnkey home is perfect for those seeking a blend of sophistication and functionally in every corner. Adding to the home's modern conveniences, it includes electric vehicle charging stations. making it perfect for eco-conscious homeowners. This property also includes a brand new fully detached 2-bedroom, 2.5 bathroom Accessory Dwelling Unit (ADU) with private entrance from the alley. The ADU is perfect for guests, extended family, or rental income, offering its own separate living space with open floor plan, modern kitchen, and stylish finishes throughout. Each bedroom features its own en-suite bathroom, plus an additional half bath for convenience. Like the main house, the ADU also includes an electric vehicle charging station., enhancing its modern appeal and functionality. This versatile space is a fantastic addition, providing both privacy and luxury. Enjoy the best of Burbank living with close proximity to whole foods, trendy restaurants, shopping, and entertainment. This home offers not just luxury and modern amenities, but also the benefit of a prime location in a thriving community.

Details

Property type

Single Family Residence

Est. home value

$1,096,768

Lot size

7,503 sq ft

Price per sq ft

$866

Year built

1939

HOA

No

Price History

10/25/2024
CRMLS

CRMLS #BB24201024

Price change
$2,225,000
-3.05%
10/24/2024
CRMLS

CRMLS #BB24201024

Price change
$2,295,000
-3.53%
10/07/2024
CRMLS

CRMLS #BB24201024

Listed
$2,379,000
+116.27%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park

High school district: 

Burbank Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,176,788
Asking price
$2,225,000
Closing costs (~8% of asking)
-$178,000
Est. remaining loan balance
-$870,212
Cash to seller
$1,176,788

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Logan Finance Corp

Loan start date

September 2023

Original loan amount

$880,000

Est. remaining balance

$870,212

Interest rate

6.96%

Loan type

New Conventional, 30 year

Seller

Michel Grigory Aghanesians and Mher Mgerdoun

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

CLAW
$2,295,000
5 bd
|
5.5 ba
|
2,786 sq ft
|
House

315 N Cordova St, Burbank, CA 91505

Price drop
CRMLS
$2,550,000
4 bd
|
3.25 ba
|
3,094 sq ft
|
House

1079 E San Jose Ave, Burbank, CA 91501

Price drop
CRMLS
$2,275,000
4 bd
|
4 ba
|
2,611 sq ft
|
House

4924 Biloxi Ave, North Hollywood, CA 91601

Status: Active

Tomo last checked: 11/22/2024 at 1:10 PM

Listing updated: 11/18/2024 at 12:40 PM

Listed by: Arsen Kobramasihi, Equity Union Phone #: (818) 989-2000

MLS: CRMLS #BB24201024

CRMLS logo

Recently listed in Burbank

$2,498,000|3 bd|3.0 ba|House
$1,399,000|3 bd|1.75 ba|House
$1,349,000|3 bd|2.0 ba|House
$1,350,000|3 bd|2.0 ba|House
$1,049,000|2 bd|1.0 ba|House
$849,500|4 bd|2.5 ba|Townhouse
$1,850,000|3 bd|2.0 ba|House
$1,788,888|3 bd|2.5 ba|House
$1,895,000|3 bd|2.0 ba|House