NOT LISTED FOR SALE

414 E Valencia Ave Unit 111 Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $853,000 - $908,000

3 Beds
3 Baths
1,590 Sq Ft
0.73 Acres

Highlights

  • Two Primary Bedrooms
  • Gated Community
  • Open Floorplan
  • Joaquin Miller Elementary School Rated A-
  • 0.73 Acre Lot
  • Cathedral Ceiling

About This Home

As of November 2020

One of the best prestigious & luxurious condominium building that was built in Burbank, the quality and design is very impressive, ,3 bedrooms,3 bathrooms, 2 Master Bedrooms kitchen with granite counter tops, recessed lighting, custom bathrooms,2 zone a/c and heat, beautiful custom design stylish decorative drop ceilings, this unit has balcony, laundry hookups in the unit,Subterranean parking with individual 2 car private garage with garage door opener,Elevators,No pets.

Last Agent to Rent the Property

Carlo Gharibian

Coldwell Banker Hallmark License #01453004 Listed on: 08/25/2020

Coldwell Banker Hallmark

Last Renter's Agent

Carlo Gharibian

Coldwell Banker Hallmark License #01453004 Listed on: 08/25/2020

Coldwell Banker Hallmark

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Lot Details

  • 1 Common Wall
  • Land Lease

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Garage Door Opener
  • Automatic Gate

Home Design

  • Fire Rated Drywall

Interior Spaces

  • 1,590 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Recessed Lighting
  • Decorative Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • Living Room Balcony
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Gas Oven
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom
  • 3 Full Bathrooms

Home Security

Utilities

  • Sewer Paid

Listing and Financial Details

  • Security Deposit $3,500
  • Rent includes water
  • 12-Month Minimum Lease Term
  • Available 9/15/20
  • Assessor Parcel Number 5621028050

Community Details

Overview

  • No Home Owners Association
  • Not Applicable 105 Subdivision

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2020-09-15
  • Deposit Key: 100
  • Deposit Other: 100
  • Deposit Security: 3500
  • Furnished: Unfurnished
  • Total Move In Costs: 7200.00

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire Rated Drywall, Fire Sprinkler System, Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Not Applicable-610
  • View: No
  • Zoning: BUR4*
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 5621028050
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1590.00
  • Interior Amenities: Cathedral Ceiling(s), Elevator, Living Room Balcony, Open Floorplan, Recessed Lighting
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Decorative, Living Room
  • Levels: One
  • Price Per Square Foot: 2.08
  • Room Type: Two Primaries

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Door Opener, Private

Utilities

  • Laundry: Yes
  • Appliances: Gas Oven, Range
  • Sewer: Sewer Paid

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: Yes
  • Land Lease Purchase: No
  • Lot Size Sq Ft: 31725.00
  • Lot Size Acres: 0.7283

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 31725.0000 Square Feet
  • Rent Includes: Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2022
Sold by
Olyans Cordabadi Albert and Olyans Medik R
Bought by
Codabady Realty Trust
Current Estimated Value
$905,589

Purchase Details

Closed on
Nov 13, 2009
Sold by
Pogosyan Lidoush
Bought by
Cordabadi Albert Olyans

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2007
Sold by
Pirijanyan Vazgen
Bought by
Pogosyan Lidoush

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.14%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 1, 2007
Sold by
Valencia Empire Homes Llc
Bought by
Pogosyan Lidoush

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
7.25%
Mortgage Type
New Conventional
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Codabady Realty Trust -- None Listed On Document
Cordabadi Albert Olyans $380,000 Lawyers Title Company
Pogosyan Lidoush -- Chicago Title Co
Pogosyan Lidoush $680,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cordabadi Albert Olyans $260,000
Previous Owner Pogosyan Lidoush $136,000
Previous Owner Pogosyan Lidoush $544,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2020 11/24/20 Rented $3,300 0.0% --
11/10/2020 11/10/20 Under Contract -- -- --
10/23/2020 10/23/20 Price Changed $3,300 -5.7% $2 / Sq Ft
09/23/2020 09/23/20 For Rent $3,500 0.0% --
09/12/2020 09/12/20 Off Market $3,500 -- --
08/26/2020 08/26/20 For Rent $3,500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,446 $490,500 $184,453 $306,047
2024 $5,446 $480,884 $180,837 $300,047
2023 $8,451 $748,000 $410,000 $338,000
2022 $5,143 $462,213 $173,816 $288,397
2021 $5,118 $453,151 $170,408 $282,743
2019 $4,910 $439,711 $165,354 $274,357
2018 $4,875 $431,090 $162,112 $268,978
2016 $4,621 $414,352 $155,818 $258,534
2015 $4,528 $408,129 $153,478 $254,651
2014 $4,518 $400,135 $150,472 $249,663
Source: Public Records

Agents Affiliated with this Home

  • Carlo Gharibian

    Landlord's Agent in 2020

    Carlo Gharibian

    Coldwell Banker Hallmark

    (818) 476-3000

    1 in this area

    23 Total Sales

    Carlo Gharibian
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320003034

California Regional Multiple Listing Service (CRMLS)

APN: 5621-028-050

California Los Angeles County Burbank 91201 Hillside District

414 E Valencia Ave Unit 111, Burbank, CA

Not Listed for Sale

Condos

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