$501,000 - $559,000
RENTED DEC 11, 2024

Briarcrest Condominiums 12720 Burbank Blvd Unit 114 Valley Village, CA 91607

Valley Village Neighborhood
2 Beds
2 Baths
1,154 Sq Ft
1.98 Acres

Last Sold April 20, 2017

Last sale price $410,000 $355 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,468/month

Highlights

  • In Ground Pool
  • Gated Community
  • Engineered Wood Flooring
  • Ulysses S. Grant Senior High School Rated A-
  • 1.98 Acre Lot
  • Park or Greenbelt View

About This Home

As of December 2024

Prime Valley Village Condo: Exceptional Value, Unique Opportunity. Discover this stunning condo nestled in a gated community with resort- style amenities. Enjoy the perfect blend of comfort and convenience in a highly sought-after, Valley Village neighborhood. This sophisticated residenceoers 2 bedrooms and 1.75 bathrooms within its spacious 1154 square feet. Upon entering, you'll be greeted by the seamless blend of modern design and smart functionality. The interior boasts recessed lighting, air conditioning, and stainless-steel appliances that will elevate your living experience. The primary bedroom features a luxurious walk-in closet, providing ample storage space for your wardrobe essentials. Residents of this distinguished community enjoy access to a well-equipped gym, a refreshing pool, and a relaxing spa, all contributing to a balanced and healthy lifestyle. Laundry facilities within and very close in the building oer convenience, while the secure, covered parking adds an extra touch of protection and security to you and yourvehicle. This unfurnished home oers a versatile canvas for personalization, allowing you to tailor the space to your unique style and preferences. Pets are HOA considered, adding flexibility for those with furry companions. Conveniently located in Valley Village, this residence is poised to provide a refined livingexperience, complete with a host of sought-after amenities. Experience the epitome of smart living in a prime location.

Last Agent to Rent the Property

Anita Rich

Keller Williams Studio City License #00782527 Listed on: 11/15/2024

Keller Williams Studio City

Co-Listed By

Michael Persh

Keller Williams Studio City License #01979973

Last Renter's Agent

Nicole Costas

Compass License #01049913

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,768

Year Built

  • Built in 1970

Lot Details

  • South Facing Home
  • Gated Home

Home Design

  • Adobe Architecture

Interior Spaces

  • 1,154 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Park or Greenbelt Views

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Parking

  • 2 Parking Spaces
  • Parking Garage Space

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $3,000
  • $6,000 Move-In Fee
  • Tenant pays for gas, insurance, electricity
  • 12 Month Lease Term
  • Assessor Parcel Number 2346-028-141

Community Details

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • 160 Units
  • Laundry Facilities
  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,768

Year Built

Built in 1970

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Land Lease Type: Fee
  • Rent Excludes: electric and gas
  • Security Deposit: 3000
  • Tenant Pays: Gas, Insurance, Electricity
  • Total Move In Costs: 6000.00

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Style: Adobe
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Entry Floor: 1
  • Entry Location: Main Level
  • Lease Terms: 1+Year
  • Living Area: 1154
  • Lot Acreage: 1.9815
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 3
  • Year Built: 1970
  • Number Of Photos: 36
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Engineered Hardwood, Laminate, Tile
  • Appliances: Cooktop - Electric, Oven-Electric, Microwave
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Ground Floor Primary
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Stall, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Granite Counters
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Microwave, Dishwasher, Elevator, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 2.60

Exterior Features

  • Direction Faces: South
  • Tennis Court Y/N: No
  • Pool Description: Association Pool, In Ground
  • Pool: Yes
  • Spa: Association Spa, In Ground
  • Spa Yn: Yes
  • View: Green Belt
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Community Garage
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Gas
  • Cooling: Air Conditioning, Central
  • Heating: Forced Air
  • Security: Gated
  • Sewer: In Connected and Paid
  • Water: District

Association/Amenities

  • Amenities: Gated Community, Pool, Spa
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 2346-028-141
  • Lot Size Area: 86314

Multi Family

  • Number Of Units: 160

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2019
Sold by
Sarkisyan Sarkis
Bought by
Karadzhyan Sirapi
Current Estimated Value
$545,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Outstanding Balance
$320,463
Interest Rate
3.5%
Estimated Equity
$221,856

Purchase Details

Closed on
Sep 30, 2019
Sold by
Sarkisyan Gevork
Bought by
Karadzhyan Sirapi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Outstanding Balance
$320,463
Interest Rate
3.5%
Estimated Equity
$221,856

Purchase Details

Closed on
Jul 25, 2019
Sold by
Sarkisyan Gevork
Bought by
Sarkisyan Gevork and Karadzhyan Sirapi

Purchase Details

Listed on
Apr 27, 2017
Closed on
Apr 10, 2017
Sold by
Handelman Avi
Bought by
Sarkisyan Gevork
Seller's Agent
Hannah Kramer
No Firm Affiliation
Buyer's Agent
Julio Aguilar
Recap Properties
Sold Price
$2,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.42%
Original Mortgage
$369,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2009
Sold by
Alcouloumre Aaron and Aaron Alcouloumre Revocable Tr
Bought by
Handelman Avi

Purchase Details

Closed on
Sep 24, 2005
Sold by
Alcouloumre Aaron
Bought by
Alcouloumre Aaron and Aaron Alcouloumre Revocable Trust
Source: Public Records

Range of Values:

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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
Karadzhyan Sirapi -- Chicago Title Company
Karadzhyan Sirapi -- Chicago Title Company
Sarkisyan Gevork -- Chicago Title Insurance
Sarkisyan Gevork $410,000 Old Republic Title Company
Sarkisyan Gevork -- Old Republic Title Company
Handelman Avi $257,500 Fidelity National Title
Alcouloumre Aaron -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karadzhyan Sirapi $365,000
Previous Owner Sarkisyan Gevork $369,000
Previous Owner Handelman Avi $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 Rented $3,000 0.0% --
11/15/2024 11/15/24 For Rent $3,000 +20.0% --
05/02/2017 05/02/17 Rented $2,500 0.0% --
05/02/2017 05/02/17 Under Contract -- -- --
04/27/2017 04/27/17 For Rent $2,500 0.0% --
04/20/2017 04/20/17 Sold $410,000 -4.4% $355 / Sq Ft
03/24/2017 03/24/17 Pending -- -- --
03/21/2017 03/21/17 For Sale $429,000 -- $372 / Sq Ft
Source: The MLS

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 $5,768 $476,826 $306,219 $170,607
2024 $5,768 $467,477 $300,215 $167,262
2023 $5,656 $458,312 $294,329 $163,983
2022 $5,391 $449,326 $288,558 $160,768
2021 $5,322 $440,516 $282,900 $157,616
2019 $5,151 $426,563 $282,052 $144,511
2018 $5,133 $418,200 $276,522 $141,678
2016 $3,456 $280,774 $171,736 $109,038
2015 $3,406 $276,558 $169,157 $107,401
2014 $3,165 $250,000 $152,800 $97,200
Source: Public Records

Agents Affiliated with this Home

  • Anita Rich

    Landlord's Agent in 2024

    Anita Rich

    Keller Williams Studio City

    (818) 632-2258

    3 in this area

    39 Total Sales

    Section Image
  • Michael Persh

    Landlord's Co-Listing Agent in 2024

    Michael Persh

    Keller Williams Studio City

    (818) 749-4633

    1 in this area

    8 Total Sales

    Section Image
  • Nicole Costas

    Tenant's Agent in 2024

    Nicole Costas

    Compass

    (323) 630-6976

    1 in this area

    31 Total Sales

    Section Image

  • H

    Seller's Agent in 2017

    Hannah Kramer

    No Firm Affiliation

  • Aviva Markush

    Seller's Agent in 2017

    Aviva Markush

    Coldwell Banker Realty

    (818) 788-5400

    3 in this area

    12 Total Sales

    Section Image

  • V

    Buyer's Agent in 2017

    Vardges Paylevanyan

    Century Properties

    (818) 422-2422

    20 Total Sales

    Section Image
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About Briarcrest Condominiums

Map

Source: The MLS

MLS Number: 24-464267

The MLS

APN: 2346-028-141

California Los Angeles County Valley Village 91607 Valley Village

12720 Burbank Blvd Unit 114, Valley Village, CA

This home is located at 12720 Burbank Blvd Unit 114, Valley Village, CA 91607 since 15 November 2024 and is currently priced at $542,319. This property was built in 1970. 12720 Burbank Blvd Unit 114 is a home located in Los Angeles County with nearby schools including John B. Monlux Elementary, James Madison Middle, and Ulysses S. Grant Senior High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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