NOT LISTED FOR SALE

231 E Valencia Ave Unit A Burbank, CA 91502

Downtown Burbank Neighborhood

Estimated Value: $1,109,000 - $1,902,000

1 Bed
1 Bath
570 Sq Ft
$2,686/Sq Ft Est. Value

Highlights

  • No Units Above
  • No HOA
  • Laundry Room
  • Joaquin Miller Elementary School Rated A-
  • Cooling System Mounted To A Wall/Window
  • 5-minute walk to Robert R. Ovrom Park

About This Home

As of July 2024

Completely remodeled single-level unit | In unit Laundry Hookup | Tile flooring throughout | No one above or below unit | Tankless water heater | Courtyard-style | Stylish and convenient | Prime location | Within close proximity to Downtown Burbank, shopping centers, and restaurants

Last Agent to Rent the Property

Shant Yeghikian

Realty One Group Success Brokerage Phone: 818-427-9393 License #02015529 Listed on: 05/24/2024

Realty One Group Success

Last Renter's Agent

Shant Yeghikian

Realty One Group Success Brokerage Phone: 818-427-9393 License #02015529 Listed on: 05/24/2024

Realty One Group Success

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946 | Remodeled

Lot Details

  • 7,925 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 570 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Kitchen

  • Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Water Heater

Community Details

  • No Home Owners Association
  • 8 Units

Listing and Financial Details

  • Security Deposit $2,207
  • Rent includes trash collection, water
  • 12-Month Minimum Lease Term
  • Available 7/1/24
  • Tax Lot 17
  • Tax Tract Number 9207
  • Assessor Parcel Number 2453038010

Property Details

Home Type

Multi-Family

Year Built

Built in 1946 | Remodeled

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2024-07-01
  • Credit Check Paid By: Tenant
  • Deposit Security: 2207
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • View: No
  • Zoning: BUR4*
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 2453038010
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 570.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.82
  • Room Type: All Bedrooms Down, Kitchen

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • 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: 7925.00
  • Lot Size Acres: 0.1819
  • Latitude Manual: 34.17622300

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 7925.0000 Square Feet
  • Number Of Units In Community: 8
  • Number Of Units Total: 8
  • Rent Includes: Trash Collection, Water

Tax Info

  • Tax Census Tract: 3107.03
  • Tax Lot: 17
  • Tax Tract Number: 9207

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2023
Sold by
Tabakian Jack Hagop
Bought by
Tabakian Family Living Trust and Tabakian
Current Estimated Value
$1,531,000

Purchase Details

Closed on
Mar 7, 2023
Sold by
Tabakian Jack Hagop
Bought by
Tabakian Family Living Trust
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
Tabakian Family Living Trust -- None Listed On Document
Tabakian Family Living Trust -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2024 07/11/24 Rented $2,175 -1.4% --
05/24/2024 05/24/24 For Rent $2,207 -- --
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 $14,386 $1,300,500 $790,704 $509,796
2024 $14,386 $1,275,000 $775,200 $499,800
2023 $1,862 $132,767 $50,440 $82,327
2022 $1,787 $130,164 $49,451 $80,713
2021 $1,765 $127,613 $48,482 $79,131
2019 $1,703 $124,370 $47,045 $77,325
2018 $1,592 $121,943 $46,123 $75,820
2016 $1,487 $116,690 $44,333 $72,357
2015 $1,460 $114,939 $43,668 $71,271
2014 $1,486 $112,688 $42,813 $69,875
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2024

    Shant Yeghikian

    Realty One Group Success

    (818) 427-9393

    1 in this area

    9 Total Sales

    Shant Yeghikian
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24106141

California Regional Multiple Listing Service (CRMLS)

APN: 2453-038-010

California Los Angeles County Burbank 91502 Downtown Burbank

231 E Valencia Ave Unit A, Burbank, CA

Not Listed for Sale

MultiFamily

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