NOT LISTED FOR SALE

1054 E Palm Ave Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,065,000 - $1,387,003

2 Beds
1 Bath
1,098 Sq Ft
$1,072/Sq Ft Est. Value

Highlights

  • Golf Course Community
  • Mountain View
  • Hiking Trails
  • Ralph Emerson Elementary School Rated A-
  • No HOA
  • Park

About This Home

As of January 2024

Welcome to your dream home in Burbank! This newly remodeled one-story SFR is in a prime location in the Burbank hills. Admire the inviting front porch, a perfect spot to enjoy sunny afternoons. This charming residence boasts 2 bedrooms and 1 bathroom across a spacious 1,090 square feet. The remodeled kitchen and bath showcase modern elegance, while the living room exudes warmth and comfort. Don't miss the chance to make this Burbank gem yours! Inside, hardwood floors add warmth to the living room and formal dining room. The expansive backyard offers endless possibilities for outdoor living. This home is conveniently located to all Burbank has to offer along with the convenience of Bret Harte Elementary and Luther Middle School nearby. This property is a rare find, meticulously maintained, and it truly can't be missed!

Last Agent to Rent the Property

Kristina Akopyan

Beverly Global Realty License #02105083 Listed on: 12/02/2023

Last Renter's Agent

Kristina Akopyan

Beverly Global Realty License #02105083 Listed on: 12/02/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 7,565 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned BUR1YY

Property Views

  • Mountain
  • Hills
  • Valley
  • Neighborhood
  • Courtyard

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,098 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Exterior Lighting
  • Central Air

Listing and Financial Details

  • Security Deposit $4,300
  • 12-Month Minimum Lease Term
  • Available 12/4/23
  • Legal Lot and Block 16 / 76
  • Tax Tract Number 2530
  • Assessor Parcel Number 2456013010

Community Details

Overview

  • No Home Owners Association
  • Valley

Recreation

  • Golf Course Community
  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Rental Info

  • Cashiers Check: Credit Report, Security Deposit
  • Available Date: 2023-12-04
  • Credit Check: No
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 4300
  • Furnished: Unfurnished
  • Pets Allowed: Call, Cats OK, Dogs OK
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • View: Yes
  • Zoning: BUR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 2456013010
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1098.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.60
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Courtyard, Hills, Mountain(s), Neighborhood, Valley
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Golf, Hiking, Park, Street Lights, Valley

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7565.00
  • Lot Size Acres: 0.1737

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 7565.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 76
  • Tax Census Tract: 3102.01
  • Tax Lot: 16
  • Tax Tract Number: 2530

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2023
Sold by
Sophath Lincoln C
Bought by
Bakunts Gevorg Arturi
Current Estimated Value
$1,176,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$776,898
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$399,853

Purchase Details

Closed on
Jan 14, 2022
Sold by
Karim Ongko
Bought by
Sophath Lincoln C and Pek Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2010
Sold by
Ongko Karim and Kuivanen David
Bought by
Ongko Karim and Kuivanen David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2001
Sold by
Kuivanen David and Ongko Karim
Bought by
Ongko Karim and Kuivanen David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.98%

Purchase Details

Closed on
May 16, 2000
Sold by
Currie William and Currie Louane
Bought by
Kuivanen David and Ongko Karim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,200
Interest Rate
8.15%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Bakunts Gevorg Arturi $1,000,000 Chicago Title Company
Sophath Lincoln C $700,000 Lawyers Title
Ongko Karim -- First American Title Company
Ongko Karim -- Fidelity National Title Co
Kuivanen David $269,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bakunts Gevorg Arturi $800,000
Previous Owner Sophath Lincoln C $665,000
Previous Owner Ongko Karim $380,000
Previous Owner Ongko Karim $212,000
Previous Owner Kuivanen David $215,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/01/2024 01/01/24 Rented $3,950 0.0% --
12/26/2023 12/26/23 Price Changed $3,950 -8.1% $4 / Sq Ft
12/02/2023 12/02/23 For Rent $4,300 -- --
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 $11,416 $1,040,400 $738,684 $301,716
2024 $11,416 $1,020,000 $724,200 $295,800
2023 $8,128 $714,000 $510,000 $204,000
2022 $4,796 $432,032 $253,448 $178,584
2021 $4,774 $423,562 $248,479 $175,083
2020 $4,721 $419,440 $245,932 $173,508
2019 $4,581 $411,221 $241,110 $170,111
2018 $4,494 $403,163 $236,383 $166,780
2016 $4,263 $387,299 $227,205 $160,094
2015 $4,176 $381,483 $223,793 $157,690
2014 $4,174 $374,012 $219,410 $154,602
Source: Public Records

Agents Affiliated with this Home

  • K

    Landlord's Agent in 2024

    Kristina Akopyan

    Beverly Global Realty

    (415) 410-3745

    18 Total Sales

    Kristina Akopyan
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23220063

California Regional Multiple Listing Service (CRMLS)

APN: 2456-013-010

California Los Angeles County Burbank 91501 Hillside District

1054 E Palm Ave, Burbank, CA

Not Listed for Sale

Detached

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