NOT LISTED FOR SALE

1702 N Lima St Burbank, CA 91505

Northwest District Neighborhood

Estimated Value: $919,000 - $1,401,000

1 Bed
1 Bath
440 Sq Ft
$2,709/Sq Ft Est. Value

Highlights

  • In Ground Pool
  • Dumbwaiter
  • Living Room
  • Bret Harte Elementary School Rated A
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of May 2025

Updated ADU * 440sqft * 1 Bedroom / 1 Bathroom * Central A/C & Heat * Bright * Common Pool & Yard

Last Agent to Rent the Property

Artin Sarkissian

The Art In Real Estate Brokerage Phone: 818-437-2433 License #01722942 Listed on: 05/07/2025

Last Renter's Agent

Artin Sarkissian

The Art In Real Estate Brokerage Phone: 818-437-2433 License #01722942 Listed on: 05/07/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2019

Lot Details

  • 7,563 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex

Interior Spaces

  • 440 Sq Ft Home
  • Living Room
  • Laminate Flooring

Kitchen

  • Dumbwaiter
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Pool

  • In Ground Pool

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Security Deposit $2,200
  • 12-Month Minimum Lease Term
  • Available 5/7/25
  • Assessor Parcel Number 2437006015

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Not Applicable 105 Subdivision

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 2019

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2025-05-07
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 2200
  • Furnished: Unfurnished
  • Pets Allowed: Call

Listing Details

  • Structure Type: Duplex
  • Property Attached: No
  • Subdivision Name Other: Not Applicable-105
  • View: No
  • Zoning: BUR1YY
  • Property Sub Type: Duplex
  • Property Type: Residential Lease
  • Parcel Number: 2437006015
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 440.00 Square Feet
  • Interior Amenities: Dumbwaiter
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 5.00
  • Room Type: Living Room

Exterior Features

  • Pool Features: Community, In Ground
  • Pool Private: No

Garage/Parking

  • Parking: No

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Dishwasher
  • Heating Type: Forced Air
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7563.00
  • Lot Size Acres: 0.1736

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 7563.0000 Square Feet
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2019
Sold by
Momdzhyan Grigor and Demirchyan Narine
Bought by
Ojaghian Michael R and Ojaghian Houry
Current Estimated Value
$1,191,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2018
Sold by
Bean Rita E
Bought by
Momdzhyan Grigor and Demirchyan Narine

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
4.15%
Mortgage Type
New Conventional
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
Ojaghian Michael R $901,000 Lawyers Title
Momdzhyan Grigor $700,000 Fidelity Sherman Oaks
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ojaghian Michael R $539,000
Previous Owner Momdzhyan Grigor $665,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2025 05/18/25 Off Market $2,200 -- --
05/08/2025 05/08/25 Price Changed $2,200 0.0% $5 / Sq Ft
05/08/2025 05/08/25 For Rent $2,200 +4.8% --
11/29/2024 11/29/24 Off Market $2,100 -- --
11/22/2024 11/22/24 Rented $2,211 +5.3% --
11/12/2024 11/12/24 For Rent $2,100 -4.5% --
10/28/2024 10/28/24 For Rent $2,200 +12.8% --
03/03/2022 03/03/22 Rented $1,950 0.0% --
03/03/2022 03/03/22 For Rent $1,950 +2.6% --
03/09/2021 03/09/21 Rented $1,900 0.0% --
03/01/2021 03/01/21 For Rent $1,900 -- --
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 $10,872 $985,370 $788,297 $197,073
2024 $10,872 $966,050 $772,841 $193,209
2023 $10,757 $947,109 $757,688 $189,421
2022 $10,270 $928,539 $742,832 $185,707
2021 $10,236 $910,333 $728,267 $182,066
2020 $10,124 $901,000 $720,800 $180,200
2019 $7,988 $714,000 $571,200 $142,800
2018 $3,973 $349,662 $248,809 $100,853
2016 $3,771 $336,087 $239,149 $96,938
2015 $3,695 $331,039 $235,557 $95,482
2014 $3,692 $324,555 $230,943 $93,612
Source: Public Records

Agents Affiliated with this Home

  • Artin Sarkissian

    Landlord's Agent in 2024

    Artin Sarkissian

    The Art In Real Estate

    (818) 437-2433

    2 in this area

    216 Total Sales

    Artin Sarkissian
    Section Image

  • R

    Buyer Co-Listing Agent in 2022

    Romel Soltanian

    The Art In Real Estate

    (818) 241-3000

    21 Total Sales

    Romel Soltanian
    Section Image

  • F

    Buyer Co-Listing Agent in 2021

    Ferouze Feddal

    The Art In Real Estate

    (818) 241-3000

    7 Total Sales

    Ferouze Feddal
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD25101450

California Regional Multiple Listing Service (CRMLS)

APN: 2437-006-015

California Los Angeles County Burbank 91505 Northwest District

1702 N Lima St, Burbank, CA

Not Listed for Sale

MultiFamily

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