NOT LISTED FOR SALE

255 W Cedar Ave Burbank, CA 91502

Rancho Adjacent Neighborhood

Estimated Value: $997,000 - $1,175,510

3 Beds
1 Bath
1,232 Sq Ft
$849/Sq Ft Est. Value

Sale Details

Date Sold: November 4, 2020

Last sale price $865,000 $702 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,622 / mo

4 Days on Market

Highlights

  • Detached Guest House
  • Traditional Architecture
  • Bonus Room
  • Solar Power System
  • Attic
  • No HOA

About This Home

As of November 2020

Beautiful remodeled & updated bright & airy home in prime Burbank on a cul-de-sac street. This move-in ready home features an extensive remodel in 2019 with an all-new array of solar panels that are sold with the home. No electric bills! All new roof on house and garage, new electrical panel and complete re-wire, all new windows, doors, & composite laminate flooring, large insulated attic space, central heat & air & so much more. Large living room, separate dining room, bonus room off kitchen. Kitchen features custom cabinets, granite counters, large bedrooms down a center hall plan, and a covered entertainers rear porch. Huge rear yard with permitted large bonus room perfect for work at home office, gym, studio, or enough room for an ADU. 1 car garage with a long driveway with room for lots of cars/RV. Just minutes to Downtown Burbank, Media District, Disney/ABC, Warner Bros., Universal/NBC, DreamWorks, Cartoon Network, Nickelodeon, & legendary Burbank blue ribbon schools.

Last Agent to Sell the Property

Danny Mahelka

Coldwell Banker Realty License #01170359 Listed on: 09/25/2020

Coldwell Banker Realty

Last Buyer's Agent

ARLENE BETHELL

COLDWELL BANKER ASSOC BRKR/MEN License #01448364

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 Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 6,971 Sq Ft Lot
  • Lot Dimensions are 50x141
  • East Facing Home
  • Property is zoned BUR1*

Parking

  • 1 Car Detached Garage
  • 3 Open Parking Spaces
  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,232 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Bonus Room
  • Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Studio bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Solar Power System
  • Covered Patio or Porch
  • Detached Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2451-027-010

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

6,971 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1232
  • Lot Acreage: 0.1600
  • Lot Dimensions: 50x141
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 1
  • Year Built: 1927
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Laminate, Carpet, Tile
  • Bedrooms: 3
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area, Outside
  • Total Bathrooms: 1.00
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Solar Panels, Washer
  • Fireplace: No
  • Price Per S Q F T: 629.06
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: East
  • Other Features: Energy Efficient
  • Other Structures: GuestHouse
  • Guest House: Detached
  • Patio: Patio Open, Covered
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 1
  • Other Spaces: 3
  • Covered Parking: 1
  • Parking Garage: Covered Parking, Driveway, Detached, Garage - 1 Car
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 2451-027-010
  • Lot Size Area: 6971

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Oct 1, 2020
Sold by
Bought by
Seller's Agent
Danny Mahelka
Coldwell Banker Realty
Buyer's Agent
ARLENE BETHELL
COLDWELL BANKER ASSOC BRKR/MEN
List Price
$775,000
Sold Price
$865,000
Premium/Discount to List
$90,000
11.61%
Current Estimated Value
$1,046,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,378
Avg. Annual Appreciation
3.37%
Original Mortgage
$692,000
Outstanding Balance
$601,416
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$444,962

Purchase Details

Closed on
Dec 20, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2010
Sold by
Bought by

Purchase Details

Closed on
Feb 9, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Rancho Adjacent, CA

  • David Leung Real Estate Agent - SoCal Homes, Inc.

    David Leung

    SoCal Homes, Inc.

    (424) 532-7059

    33 Total Sales

    2 in Rancho Adjacent

    $1,600,000 Price Range

    David Leung
     Section Image
  • 'Vic' Vartan Markarian Real Estate Agent - Markarian Realty

    'Vic' Vartan Markarian

    Markarian Realty

    (626) 240-5877

    116 Total Sales

    2 in Rancho Adjacent

    $1,700,000 Price Range

    'Vic' Vartan Markarian
     Section Image
  • David Nalbandyan Real Estate Agent - LA Premier Realty

    David Nalbandyan

    LA Premier Realty

    (747) 277-0134

    83 Total Sales

    2 in Rancho Adjacent

    $3K - $2.7M Price Range

    David Nalbandyan
     Section Image
  • Tracey Feder Real Estate Agent - Equity Union

    Tracey Feder

    Equity Union

    (424) 320-8930

    31 Total Sales

    1 in Rancho Adjacent

    $1,640,000 Price

    Tracey Feder
     Section Image
  • Amalia Khachikian Real Estate Agent - Berkshire Hathaway HomeServices California Properties

    Amalia Khachikian

    Responds Quickly

    Berkshire Hathaway HomeServices California Properties

    (424) 359-1579

    45 Total Sales

    1 in Rancho Adjacent

    $1,000,000 Price

    Amalia Khachikian
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$865,000 Equity Title Los Angeles
$465,000 Fidelity Van Nuys
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $692,000
Previous Owner $60,000
Previous Owner $342,000
Previous Owner $50,000
Previous Owner $372,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/04/2020 11/04/20 Sold $865,000 +11.6% $702 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $775,000 -- $629 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,529 $936,301 $749,042 $187,259
2024 $10,255 $917,943 $734,355 $183,588
2023 $10,223 $899,945 $719,956 $179,989
2022 $9,759 $882,300 $705,840 $176,460
2021 $9,725 $865,000 $692,000 $173,000
2019 $5,800 $513,310 $410,650 $102,660
2018 $5,675 $503,247 $402,599 $100,648
2016 $5,388 $483,707 $386,966 $96,741
2015 $5,279 $476,442 $381,154 $95,288
2014 $5,269 $467,110 $373,688 $93,422
Source: Public Records

Agents Affiliated with this Home

  • Danny Mahelka Real Estate Agent - Coldwell Banker Realty

    Seller's Agent in 2020

    Danny Mahelka

    Coldwell Banker Realty

    (213) 359-4097

    60 Total Sales

    Danny Mahelka
    Section Image

  • A

    Buyer's Agent in 2020

    ARLENE BETHELL

    COLDWELL BANKER ASSOC BRKR/MEN

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Map

Source: The MLS

MLS Number: 20-637946

The MLS

APN: 2451-027-010

California Los Angeles County Burbank 91502 Rancho Adjacent

255 W Cedar Ave, Burbank, CA

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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.
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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