$1,695,000

Estimated payment $10,088/month

Total Views 9,672
5 Beds
4 Baths
2,412 Sq Ft
$703 Price per Sq Ft

Highlights

  • Laundry Room
  • Foothills
  • Fenced
  • Joaquin Miller Elementary School Rated A-
  • Central Heating and Cooling System
  • Stacked Washer and Dryer

About This Home

315 Valencia Ave, a fantastic 4-unit multi-family property in the heart of Burbank, CA. This well-maintained building offers a unique opportunity for investors or those looking to live in one unit while renting out the others. Each unit features its own distinct layout, providing ample living space and comfortable accommodations for tenants. The property is conveniently located near shopping, dining, and entertainment options, making it an ideal location for renters. Seller financing is available. With strong rental demand in the area and ADU opportunities, this property is a great addition to any real estate portfolio. Don't miss out on this prime opportunity in Burbank!

Listing Agent

Trey Ballard

eXp Realty of Greater Los Angeles Brokerage Email: trey@andersonballard.com License #02215641 Listed on: 06/30/2025

eXp Realty of Greater Los Angeles

Co-Listing Agent

Brent Ballard

eXp Realty of Greater Los Angeles Brokerage Email: trey@andersonballard.com License #01297151

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,698

Year Built

  • Built in 1948

Lot Details

  • 7,339 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Stucco Fence
  • No Sprinklers

Home Design

  • 2,412 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • 4 Parking Spaces
  • Parking Available
  • Covered Parking

Additional Features

  • Gas Range
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 2453037005

Community Details

Overview

  • Foothills
  • Valley

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $2,000
  • Water Sewer Expense $1,800
  • New Taxes Expense $20,462
  • Operating Expense $33,662
  • Gross Income $105,888
  • Net Operating Income $70,048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,698

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 4.10
  • Property Attached: No
  • Subdivision Name Other: Not Applicable
  • View: No
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Parcel Number: 2453037005
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 702.74

Exterior Features

  • Fence: Yes
  • Fencing: Stucco Wall
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Covered
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator, Gas Range
  • Heating Type: Central
  • Laundry Features: Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Foothills, Valley, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 7339.00
  • Lot Size Acres: 0.1685

Multi Family

  • Gross Income: 105888.00
  • Gross Scheduled Income: 105888.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 7339.0000 Square Feet
  • Net Operating Income: 70048.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Operating Expense: 33662.00
  • Rent Control: No
  • Total Expenses: 33662.00

Tax Info

  • New Taxes Expense: 20462.00
  • Tax Lot: 24

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $9,698 $866,906 $564,805 $302,101
2024 $9,698 $849,909 $553,731 $296,178
2023 $9,596 $833,245 $542,874 $290,371
2022 $9,166 $816,908 $532,230 $284,678
2021 $9,125 $800,892 $521,795 $279,097
2019 $8,759 $777,659 $506,319 $271,340
2018 $8,636 $762,422 $496,392 $266,030
2016 $8,196 $732,317 $477,117 $255,200
2015 $8,031 $721,318 $469,951 $251,367
2014 $8,028 $707,190 $460,746 $246,444
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 For Sale $1,695,000 -- $703 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Grant Deed $660,000 Fidelity National Title Co
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $448,000 New Conventional
Source: Public Records

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Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-22994

Pasadena-Foothills Association of REALTORS®

APN: 2453-037-005