NOT LISTED FOR SALE

Estimated Value: $670,000 - $741,018

3 Beds
2 Baths
1,539 Sq Ft
1.02 Acres

Last Sold May 01, 2013

Last sale price $289,000 $188 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $4,196/month

Highlights

  • Spa
  • 1.02 Acre Lot
  • Views
  • George Washington Elementary Rated A-
  • Living Room with Fireplace
  • 3-minute walk to Earthwalk Park

About This Home

As of May 2024

Presenting a meticulously furnished condominium for lease in the desirable Burbank neighborhood. This spacious residence features three bedrooms, two bathrooms, and spans approximately 1,539 square feet. Equipped with all essential appliances, including a washer and dryer, this home also offers the convenience of two designated parking spaces. Enhancing the lifestyle experience, the condominium boasts two private patios, providing outdoor retreats for relaxation and entertainment. Additionally, residents have access to a well-appointed gymnasium and a tranquil community spa. This property offers flexible leasing terms, accommodating both month-to-month and short-term rental options. Experience the epitome of comfortable living in this inviting Burbank enclave.

Last Agent to Rent the Property

George Sahakyan

Keller Williams Studio City License #02073608 Listed on: 05/09/2024

Keller Williams Studio City

Last Renter's Agent

George Sahakyan

Keller Williams Studio City License #02073608 Listed on: 05/09/2024

Keller Williams Studio City

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1981

Lot Details

  • 1.02

Interior Spaces

  • 1,539 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Laminate Flooring
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • Assigned Parking

Additional Features

  • Spa
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $5,500
  • Tenant pays for electricity, gas, trash collection, water
  • Month-to-Month Lease Term
  • Assessor Parcel Number 2468-015-046

Community Details

Recreation

  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Year Built

Built in 1981

Lot Details

0

Rental Info

  • Furnished: Furnished Or Unfurnished
  • Security Deposit: 5500
  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: Month To Month
  • Living Area: 1539
  • Lot Acreage: 1.0188
  • Stories: 3
  • Year Built: 1981
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Laminate
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 3.57

Exterior Features

  • Pool: No
  • Spa: Community
  • Spa Yn: Yes
  • View: Any
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Spa
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 2468-015-046
  • Lot Size Area: 44381

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2023
Sold by
Chalabyan Narine Narine and Chalabyan Sirekan
Bought by
Kostanyan Family Revocable Living Trust and Chalabyan
Current Estimated Value
$717,255

Purchase Details

Closed on
Jan 10, 2017
Sold by
Kavoukjian Karapet
Bought by
Chalabyan Narine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2015
Sold by
Kostanyan Sirekan
Bought by
Chalabyan Narine

Purchase Details

Listed on
Apr 4, 2012
Closed on
Apr 23, 2013
Sold by
Mcclusky Derrick L
Bought by
Kavoukjian Karapet
Seller's Agent
Erik Berry
Erik J. Berry
Buyer's Agent
Erik Berry
Erik J. Berry
List Price
$279,000
Sold Price
$289,000
Premium/Discount to List
$10,000
3.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%

Purchase Details

Closed on
Apr 16, 2002
Sold by
Wykowski Beverly A and Lewis Raven
Bought by
Mcclusky Derrick L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.75%
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
Kostanyan Family Revocable Living Trust -- None Listed On Document
Chalabyan Narine -- Lawyers Title Company
Chalabyan Narine -- Accommodation
Kavoukjian Karapet -- Accommodation
Kavoukjian Karapet $289,000 Chicago Title Company
Mcclusky Derrick L $245,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chalabyan Narine $150,000
Previous Owner Mcclusky Derrick L $196,000
Closed Mcclusky Derrick L $49,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2024 05/14/24 Rented $4,000 -27.3% --
05/09/2024 05/09/24 For Rent $5,500 0.0% --
05/01/2013 05/01/13 Sold $289,000 -3.7% $188 / Sq Ft View Prior Sale
01/28/2013 01/28/13 Pending -- -- --
12/06/2012 12/06/12 Price Changed $300,000 +7.5% $195 / Sq Ft
04/04/2012 04/04/12 For Sale $279,000 -- $181 / 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 $5,649 $516,871 $256,594 $260,277
2024 $5,649 $506,737 $251,563 $255,174
2023 $5,588 $496,802 $246,631 $250,171
2022 $5,332 $487,062 $241,796 $245,266
2021 $5,305 $477,512 $237,055 $240,457
2020 $5,245 $472,617 $234,625 $237,992
2019 $5,087 $463,351 $230,025 $233,326
2018 $5,053 $454,266 $225,515 $228,751
2016 $3,957 $353,361 $139,575 $213,786
2015 $3,314 $296,110 $114,960 $181,150
2014 $3,309 $290,311 $112,709 $177,602
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-390353

The MLS

APN: 2468-015-046