Seller's Agent in 2025
Trey Ballard
eXp Realty of Greater Los Angeles
(818) 850-8802
1 in this area
84 Total Sales
315 E Valencia Ave Burbank, CA 91502
Downtown Burbank Neighborhood
5
Beds
4
Baths
2,412
Sq Ft
7,339
Sq Ft Lot
Highlights
- Foothills
- Central Heating and Cooling System
- Stacked Washer and Dryer
- Joaquin Miller Elementary School Rated A-
- Fenced
About This Home
As of December 2025315 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!
Last Agent to Sell the Property
eXp Realty of Greater Los Angeles Brokerage Email: trey@andersonballard.com License #02215641 Listed on: 07/01/2025
Co-Listed By
eXp Realty of Greater Los Angeles Brokerage Email: trey@andersonballard.com License #01297151
Property Details
Home Type
- Multi-Family
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 in unit
- 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
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
Jul 1, 2025
Closed on
Oct 30, 2025
Sold by
Bought by
Seller's Agent
Trey Ballard
eXp Realty of Greater Los Angeles
Buyer's Agent
Kevin Rahmanian
Property By Us, Inc.
List Price
$1,695,000
Sold Price
$1,680,000
Premium/Discount to List
-$15,000
-0.88%
Views
92
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,017
Avg. Annual Appreciation
-0.73%
Original Mortgage
$1,344,000
Outstanding Balance
$1,334,829
Interest Rate
6.19%
Mortgage Type
New Conventional
Estimated Equity
$338,154
Purchase Details
Closed on
Feb 29, 2008
Sold by
Bought by
Purchase Details
Closed on
Jan 7, 1994
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,680,000 | Fidelity National Title | |
| Grant Deed | $660,000 | Fidelity National Title Co | |
| Quit Claim Deed | -- | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,344,000 | New Conventional |
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 |
|---|---|---|---|---|
| 12/03/2025 12/03/25 | Sold | $1,680,000 | -0.5% | $697 / Sq Ft |
| 11/17/2025 11/17/25 | Pending | -- | -- | -- |
| 09/23/2025 09/23/25 | Price Changed | $1,688,000 | -0.4% | $700 / Sq Ft |
| 06/30/2025 06/30/25 | For Sale | $1,695,000 | -- | $703 / Sq Ft |
Source: Pasadena-Foothills Association of REALTORS®
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 | $10,023 | $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
Agents Affiliated with this Home
-
Trey Ballard
-
Brent Ballard
Seller Co-Listing Agent in 2025
Brent Ballard
eXp Realty of Greater Los Angeles
(818) 919-0282
1 in this area
165 Total Sales
-
Kevin Rahmanian
Buyer's Agent in 2025
Kevin Rahmanian
Property By Us, Inc.
(818) 858-2073
1 in this area
92 Total Sales
Map
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-22994
APN: 2453-037-005
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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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