Seller's Agent in 2025
'Vic' Vartan Markarian
Markarian Realty
(818) 248-8668
2 in this area
118 Total Sales
400 S Lamer St Burbank, CA 91506
Rancho Adjacent Neighborhood
5
Beds
5
Baths
2,328
Sq Ft
6,678
Sq Ft Lot
Highlights
- No HOA
- Laundry Room
- Central Heating and Cooling System
- R. L. Stevenson Elementary School Rated A
About This Home
As of June 2025Tastefully updated corner Triplex in prime Burbank! Near the Walt Disney Studios, down town Burbank, Universal Studios, Los Angeles Equestrian Center, and Saint Joseph Hospital.. Just minutes from downtown Los Angeles,Glendale Americana, Glendale Galleria, and the Rose Parade route. Great investment and/or owner occupied! Offers stand alone house 3 bed 2 bath with private yard, rented $5600/ month. The 2nd unit is 2 bed 1 bath on top floor with private side yard and downstairs 3rd unit is single or studio both rented $4250/ month. Total income $9850/ month. Additional highlights include, all units with central air and heat, copper plumbing, 2 car garage possible ADU or possible building an ADU in back yard. This super investment property will not last on this hot market!
Click the Media tab to see the Virtual tour!
Last Agent to Sell the Property
Markarian Realty Brokerage Email: MarkarianRealty@gmail.com License #01059771 Listed on: 05/12/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1951
Lot Details
- 6,679 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 2,328 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for all utilities
- Legal Lot and Block 1 / A
- Tax Tract Number 11684
- Assessor Parcel Number 2443019045
- $312 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $3,500
- Operating Expense $3,500
- Net Operating Income $98,200
Matterport 3D Tours
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 12, 2025
Closed on
Jun 6, 2025
Sold by
Ebeyan Anushik and Avanesyan Arman
Bought by
Cornejo Family Trust and Cornejo
Seller's Agent
'Vic' Vartan Markarian
Markarian Realty
Buyer's Agent
Bryan Ochse
Media West Realty,Inc.
List Price
$1,599,999
Sold Price
$1,700,000
Premium/Discount to List
$100,001
6.25%
Views
12
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
-$45,352
Avg. Annual Appreciation
-5.25%
Purchase Details
Closed on
Nov 6, 2014
Sold by
Buratti Jon and Rene Zendejas Trust
Bought by
Buratti Jon
Purchase Details
Closed on
Nov 18, 1997
Sold by
Zendejas Rene
Bought by
Zendejas Rene and The Rene Zendejas Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,700,000 | Homelight Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/16/2025 06/16/25 | Sold | $1,700,000 | +6.3% | $730 / Sq Ft | |
| 05/12/2025 05/12/25 | For Sale | $1,599,999 | +7.9% | $687 / Sq Ft | |
| 04/27/2022 04/27/22 | Sold | $1,483,000 | +14.2% | $637 / Sq Ft | View Prior Sale |
| 01/21/2022 01/21/22 | Pending | -- | -- | -- | |
| 01/15/2022 01/15/22 | For Sale | $1,299,000 | -- | $558 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $17,247 | $1,573,770 | $1,167,328 | $406,442 |
| 2024 | $17,247 | $1,542,913 | $1,144,440 | $398,473 |
| 2023 | $17,062 | $1,512,660 | $1,122,000 | $390,660 |
| 2022 | $1,567 | $124,090 | $41,090 | $83,000 |
| 2021 | $1,545 | $121,658 | $40,285 | $81,373 |
| 2020 | $1,526 | $120,411 | $39,872 | $80,539 |
| 2019 | $1,486 | $118,051 | $39,091 | $78,960 |
| 2018 | $1,396 | $115,737 | $38,325 | $77,412 |
| 2016 | $1,297 | $111,245 | $36,838 | $74,407 |
| 2015 | $1,273 | $109,575 | $36,285 | $73,290 |
| 2014 | $1,283 | $107,430 | $35,575 | $71,855 |
Source: Public Records
Agents Affiliated with this Home
-
'Vic' Vartan Markarian
-
Bryan Ochse
Buyer's Agent in 2025
Bryan Ochse
Media West Realty,Inc.
(323) 431-9650
14 in this area
147 Total Sales
-
Nikica Vasily
Seller's Agent in 2022
Nikica Vasily
COMPASS
(818) 645-2400
1 in this area
22 Total Sales
-
Arno Akhverdyan
Buyer's Agent in 2022
Arno Akhverdyan
Coldwell Banker Hallmark
(818) 395-6142
1 in this area
46 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD25099500
APN: 2443-019-045
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
Nearby Homes
- 211 S Keystone St
- 1925 W Parkside Ave
- 1622 W Oak St
- 345 S Beachwood Dr
- 419 S Griffith Park Dr
- 1524 W Riverside Dr
- 121 N Myers St
- 216 N Buena Vista St Unit 113
- 612 S Mariposa St
- 525 S Shelton St Unit 205
- 1305 W Riverside Dr
- 311 S Mariposa St
- 104 Kimberwick Ct
- 1314 W Verdugo Ave
- 106 Kimberwick Ct
- 107 Kimberwick Ct
- 101 Kimberwick Ct
- 149 Bridle Dr
- 139 Bridle Dr
- 984 W Riverside Dr
Your Personal Tour Guide
Ask me questions while you tour the home.