NOT LISTED FOR SALE

504 E Valencia Ave Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,677,076 - $1,792,000

8 Beds
5 Baths
4,048 Sq Ft
$428/Sq Ft Est. Value

Last Sold May 21, 2025

Last sale price $1,700,000 $420 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $11,159/month

11 Days on Market

About This Home

As of May 2025

An opportunity to purchase a five (5) unit apartment building located in prime Burbank, resting in the hills above Glenoaks. The property was originally constructed in 1946 as a triplex featuring all 2-bedroom and 1-bathroom units with dual entrances. Later in 1986, the back duplex was constructed featuring all 1-bedroom and 1-bathroom units. This value-added opportunity features on-site laundry, on-site parking for 6 vehicles, secured access, individual hot water heaters, a new roof in 2024, and new electrical sub panels in 2025. The property will deliver 1-unit vacant providing flexibility for remodeling before renting or moving in. Burbank, known as the "Media Capital of the World", offers residents proximity to major entertainment studios such as Disney, Warner Brothers, and NBC. The city boasts over 80 restaurants, 30 movie theaters, and 200 stores, ensuring a vibrant lifestyle. Additionally, residents have easy access to top ranked schools and major freeways, enhancing connectivity and convenience.

Last Agent to Sell the Property

Andy Kawatra

Andy Anubhav Kawatra License #01881930 Listed on: 04/21/2025

Last Buyer's Agent

Andy Kawatra

Andy Anubhav Kawatra License #01881930 Listed on: 04/21/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 7,662

Parking

  • Controlled Entrance

Interior Spaces

  • 4,048 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Additional Features

  • 7,662 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • 5 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 5621-029-003

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 4048
  • Lot Acreage: 0.1759
  • Year Built: 1946
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 419.96

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Controlled Entrance

Utilities

  • Cooling: Wall/Window

Lot Info

  • Assessed Improvement Percent: 33.33
  • Assessed Improvement Value: 728280
  • Assessed Land Percent: 66.67
  • Assessed Land Value: 1456560
  • Total Assessed Value: 2184840
  • Assessor Parcel Number: 5621-029-003
  • Lot Size Area: 7662

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.47
  • Number Of Units: 5
  • Type Of Units: Market

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2025
Closed on
May 7, 2025
Sold by
Bunjevic Vera-Ivana and Rajkovic Goran Lazar
Bought by
Golden State Trading Llc
Seller's Agent
Andy Kawatra
Andy Anubhav Kawatra
Buyer's Agent
Andy Kawatra
Andy Anubhav Kawatra
List Price
$1,700,000
Sold Price
$1,700,000
Views
10
Current Estimated Value
$1,734,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,538
Avg. Annual Appreciation
3.72%

Purchase Details

Closed on
Sep 21, 2022
Sold by
Lazar Rajkovic Trust
Bought by
Bunjevic Vera-Ivana and Rajkovic Goran Lazar

Purchase Details

Closed on
Aug 7, 2009
Sold by
Rajkovic Lazar and Lazar Rajkovic Trust
Bought by
Lgv Enterprise Inc

Purchase Details

Closed on
Nov 16, 2000
Sold by
Rajkovic Lazar and Gordana Rajkovic Trust
Bought by
Rajkovic Lazar and Lazar Rajkovic Trust

Purchase Details

Closed on
Mar 23, 1994
Sold by
Rajkovic Lazar
Bought by
Rajkovic Lazar
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
Golden State Trading Llc $1,700,000 Ticor Title Company
Bunjevic Vera-Ivana -- --
Lgv Enterprise Inc -- None Available
Rajkovic Lazar -- --
Rajkovic Lazar -- --
Rajkovic Gordana -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2025 05/21/25 Sold $1,700,000 0.0% $420 / Sq Ft
05/02/2025 05/02/25 Pending -- -- --
04/21/2025 04/21/25 For Sale $1,700,000 -- $420 / Sq Ft
Source: The MLS

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 $24,856 $2,228,536 $1,485,691 $742,845
2024 $24,856 $2,184,840 $1,456,560 $728,280
2023 $3,745 $259,112 $47,098 $212,014
2022 $3,604 $254,032 $46,175 $207,857
2021 $3,566 $249,052 $45,270 $203,782
2019 $3,448 $243,767 $43,928 $199,839
2018 $3,338 $239,029 $43,067 $195,962
2016 $3,102 $227,731 $41,396 $186,335
2015 $3,051 $224,312 $40,775 $183,537
2014 $3,079 $219,919 $39,977 $179,942
Source: Public Records

Agents Affiliated with this Home

  • Andy Kawatra

    Seller's Agent in 2025

    Andy Kawatra

    Andy Anubhav Kawatra

    (818) 456-7846

    2 in this area

    19 Total Sales

    Andy Kawatra
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Map

Source: The MLS

MLS Number: 25529153

The MLS

APN: 5621-029-003

California Los Angeles County Burbank 91201 Hillside District

504 E Valencia Ave, Burbank, CA

Not Listed for Sale

MultiFamily

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The MLS © 2025 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.
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