NOT LISTED FOR SALE

235 W Cedar Ave Burbank, CA 91502

Rancho Adjacent Neighborhood

Estimated Value: $957,000 - $1,099,646

3 Beds
1 Bath
912 Sq Ft
$1,099/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $840,000 $921 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,220/month

35 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • 2 Car Detached Garage
  • William McKinley Elementary School Rated A-
  • No HOA
  • Living Room

About This Home

As of May 2023

Spanish fixer in the heart of Burbank with incredibly convenient access to the 5 freeway and many major shopping retailers and studios. Jump to the front of the permit line with this gem, offered with plans for an approximate 1146 sq.ft. addition to the current home, creating an approximate 2,058 sq.ft. main residence plus RTI permits for an ADU garage conversion/expansion, adding another approximate 629 sq.ft. for a total of 2,687 sq.ft. of refined living space. Investors/developers, this is your opportunity to reduce your holding costs/ turnaround time and shorten your path to profitability.

Last Agent to Sell the Property

Frank Martinez

Robust Real Estate License #01974071 Listed on: 03/16/2023

Co-Listed By

Corey Nelson

Robust Real Estate License #01462372

Last Buyer's Agent

Arthur Hagopian

License #02132067

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,603

Year Built

  • Built in 1926

Lot Details

  • 7,068 Sq Ft Lot
  • Lot Dimensions are 50x141
  • Property is zoned BUR1*

Parking

  • 2 Car Detached Garage

Home Design

  • Spanish Architecture
  • Fixer Upper

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2451-027-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,603

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 912
  • Lot Acreage: 0.1623
  • Lot Dimensions: 50x141
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Fixer
  • Stories: 1
  • Year Built: 1926
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 1.00
  • Den: 0
  • Price Per S Q F T: 959.43

Exterior Features

  • Other Structures: Other
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Detached

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 2451-027-015
  • Lot Size Area: 7068

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Apr 25, 2023
Sold by
Nuwest Properties Inc
Bought by
Agopian Avetis Avo
Seller's Agent
Frank Martinez
Robust Real Estate
Buyer's Agent
Arthur Hagopian
List Price
$875,000
Sold Price
$840,000
Premium/Discount to List
-$35,000
-4%
Views
323
Current Estimated Value
$1,002,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,412
Avg. Annual Appreciation
7.88%
Original Mortgage
$600,000
Interest Rate
6.32%
Mortgage Type
Balloon

Purchase Details

Listed on
Mar 9, 2021
Closed on
Apr 22, 2021
Sold by
Rubin Maya and Rubin Jason
Bought by
Nuwest Properties Inc
Seller's Agent
Larry Weiner
Flans & Weiner, Inc.
List Price
$599,000
Sold Price
$830,000
Premium/Discount to List
$231,000
38.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.61%

Purchase Details

Closed on
Sep 25, 2000
Sold by
Lopez Salvador J and Lopez Isabel M
Bought by
Lopez Salvador J

Purchase Details

Closed on
Nov 15, 1999
Sold by
Mildred W Ivey Trust
Bought by
Lopez Salvador J

Purchase Details

Closed on
Apr 13, 1994
Sold by
Ivey Mildred W
Bought by
Ivey Mildred W
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
Agopian Avetis Avo $840,000 Lawyers Title Company
Nuwest Properties Inc $830,000 Stewart Title Company
Lopez Salvador J -- --
Lopez Salvador J $100,000 Chicago Title Co
Ivey Mildred W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Agopian Avetis Avo $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $840,000 -4.0% $921 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $875,000 +5.4% $959 / Sq Ft
05/18/2021 05/18/21 Sold $830,000 +38.6% $910 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $599,000 -- $657 / 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 $9,603 $873,935 $699,148 $174,787
2024 $9,603 $856,800 $685,440 $171,360
2023 $9,761 $863,531 $690,825 $172,706
2022 $9,317 $846,600 $677,280 $169,320
2021 $8,660 $772,924 $669,868 $103,056
2020 $2,647 $224,839 $168,635 $56,204
2019 $2,572 $220,431 $165,329 $55,102
2018 $2,496 $216,110 $162,088 $54,022
2016 $2,365 $207,720 $155,795 $51,925
2015 $2,318 $204,601 $153,455 $51,146
2014 $2,320 $200,595 $150,450 $50,145
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2023

    Frank Martinez

    Robust Real Estate

    (310) 622-5086

    1 in this area

    4 Total Sales

    Frank Martinez
    Section Image
  • Corey Nelson

    Seller Co-Listing Agent in 2023

    Corey Nelson

    Robust Real Estate

    (310) 927-0095

    1 in this area

    66 Total Sales

    Corey Nelson
    Section Image

  • A

    Buyer's Agent in 2023

    Arthur Hagopian

    Section Image

  • L

    Seller's Agent in 2021

    Larry Weiner

    Flans & Weiner, Inc.

    (818) 501-4888

    1 in this area

    279 Total Sales

    Larry Weiner
    Section Image
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Map

Source: The MLS

MLS Number: 23-249851

The MLS

APN: 2451-027-015

California Los Angeles County Burbank 91502 Rancho Adjacent

235 W Cedar Ave, Burbank, CA

This home is located at 235 W Cedar Ave, Burbank, CA 91502 since 16 March 2023 and is currently estimated at $1,002,412, approximately $1,099 per square foot. This property was built in 1926. 235 W Cedar Ave is a home located in Los Angeles County with nearby schools including William McKinley Elementary School, Dolores Huerta Middle School, and John Burroughs 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.
Information is deemed reliable but not guaranteed.

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