NOT LISTED FOR SALE

234 E Elmwood Ave Burbank, CA 91502

Downtown Burbank Neighborhood

Estimated Value: $1,528,000 - $1,670,000

5 Beds
4 Baths
2,648 Sq Ft
$604/Sq Ft Est. Value

Last Sold February 04, 2014

Last sale price $800,000 $302 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $9,396/month

63 Days on Market

About This Home

As of February 2014

Court date is set for 1/7/2014. 4 Unit Building. 3 units are 1 bedroom, 1 bath and 1 unit is 2 bedrooms, 1 bath. 4 single car garages. Probate sale, court confirmation required. Property being sold subject to existing tenants. See private remarks for current occupancy.

Last Agent to Sell the Property

Nancy Sanborn

Berkshire Hathaway HomeServices California Properties License #00771096 Listed on: 11/05/2013

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

'Vic' Vartan Markarian

License #01059771

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 7,505 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

  • 2,648 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 2453-038-012

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

7,505 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2648
  • Probate: Yes
  • Year Built: 1951
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 317.41

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 4

Lot Info

  • Assessed Improvement Value: 52681
  • Assessed Land Value: 32380
  • Assessor Parcel Number: 2453-038-012
  • Geocode Override: No
  • Lot Size Area: 7505

Rental Info

  • Court Approve: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 49.00
  • Number Of Units: 4
  • Type Of Units: 4 Units

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2020
Sold by
Hambarchian Hanry and Ghazarian Shakeh
Bought by
Hambarchian Hanry and Ghazarian Shakeh
Current Estimated Value
$1,598,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Outstanding Balance
$457,080
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,141,231

Purchase Details

Listed on
Nov 5, 2013
Closed on
Jan 13, 2014
Sold by
The Estate Of Rosalind Grilly
Bought by
Hambarchian Hanry and Ghazarian Shakeh
Seller's Agent
Nancy Sanborn
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
'Vic' Vartan Markarian
List Price
$699,000
Sold Price
$800,000
Premium/Discount to List
$101,000
14.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$600,000
Interest Rate
4.45%
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
Hambarchian Hanry -- Chicago Title Company
Hambarchian Hanry $800,000 California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hambarchian Hanry $535,000
Closed Hambarchian Hanry $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2014 02/04/14 Sold $800,000 +14.4% $302 / Sq Ft
01/07/2014 01/07/14 Pending -- -- --
11/05/2013 11/05/13 For Sale $699,000 -- $264 / Sq Ft
Source: The MLS

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 $10,964 $980,678 $588,409 $392,269
2024 $10,964 $961,450 $576,872 $384,578
2023 $10,849 $942,599 $565,561 $377,038
2022 $10,362 $924,118 $554,472 $369,646
2021 $10,316 $905,999 $543,600 $362,399
2019 $9,903 $879,129 $527,478 $351,651
2018 $9,745 $861,892 $517,136 $344,756
2016 $9,248 $828,426 $497,056 $331,370
2015 $9,062 $815,983 $489,590 $326,393
2014 $9,095 $803,631 $482,179 $321,452
Source: Public Records

Agents Affiliated with this Home

  • Nancy Sanborn

    Seller's Agent in 2014

    Nancy Sanborn

    Berkshire Hathaway HomeServices California Properties

    (310) 777-7800

    214 Total Sales

    Nancy Sanborn
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Map

Source: The MLS

MLS Number: 13-716581

The MLS

APN: 2453-038-012

California Los Angeles County Burbank 91502 Downtown Burbank

234 E Elmwood Ave, Burbank, CA

Not Listed for Sale

MultiFamily

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The MLS © 2026 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.
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