Cherryl Weaver
Re/Max Tri-City
(213) 516-9631
30 Total Sales
2 in Hillside District
$1.2M - $1.4M Price Range
504 E Valencia Ave Burbank, CA 91501
Hillside District NeighborhoodEstimated Value: $1,891,114
8
Beds
5
Baths
4,048
Sq Ft
$467/Sq Ft
Est. Value
About This Home
As of May 2025An 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.
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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
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
Apr 21, 2025
Closed on
May 7, 2025
Sold by
Bunjevic Vera-Ivana and Rajkovic Goran Lazar
Bought by
Seller's Agent
Andy Kawatra
Equity Union
Buyer's Agent
Andy Kawatra
Equity Union
List Price
$1,700,000
Sold Price
$1,700,000
Views
10
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
$191,114
Avg. Annual Appreciation
8.41%
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 Gordana
Bought by
Rajkovic Gordana
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hillside District, CA
-
Cherryl Weaver
-
Sheida Rezazadeh
Sheida Rezazadeh
Keller Williams R. E. Services
(747) 307-5722
19 Total Sales
1 in Hillside District
$1,697,000 Price
-
Matthew Isbell
Matthew Isbell
Compass
(424) 380-7615
50 Total Sales
1 in Hillside District
$1,350,000 Price
-
Roddy de la Garza
Roddy de la Garza
Epique Realty
(323) 615-1579
115 Total Sales
1 in Hillside District
$1,674,000 Price
-
Julian Munoz
Julian Munoz
EMPOWER Real Estate
(747) 271-5125
14 Total Sales
1 in Hillside District
$600,000 Price
-
Brent Ballard
Brent Ballard
Anderson Ballard Companies
(747) 307-4526
167 Total Sales
5 in Hillside District
$1.1M - $2.3M Price Range
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,700,000 | Ticor Title Company | ||
| Bunjevic Vera-Ivana | -- | -- | |
| Lgv Enterprise Inc | -- | None Available | |
| Rajkovic Lazar | -- | -- | |
| Rajkovic Gordana | -- | -- | |
| Rajkovic Lazar | -- | -- |
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 |
|---|---|---|---|---|
| 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
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 |
|---|---|---|---|---|
| 2026 | $25,632 | $1,734,000 | $693,600 | $1,040,400 |
| 2025 | $25,632 | $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
Equity Union
(818) 456-7846
2 in this area
19 Total Sales
Map
Source: The MLS
MLS Number: 25529153
APN: 5621-029-003
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.
© 2026 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.
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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