$1,309,000 - $1,824,000
RENTED DEC 9, 2024

505 E Valencia Ave Unit B Burbank, CA 91501

Hillside District Neighborhood
1 Bed
1 Bath
589 Sq Ft
$2,575 Price per Sq Ft

Highlights

  • City Lights View
  • Main Floor Bedroom
  • Hiking Trails
  • Joaquin Miller Elementary School Rated A-
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

As of December 2024

Welcome home to this delightful upstairs one-bedroom with views located above Glenoaks in Burbank! Perfectly nestled in a serene community minutes to Downtown Burbank and Glendale. This charming space is perfect for those seeking comfort and convenience. As you enter, you'll find a bright and airy living area that seamlessly flows into the kitchen, that includes a Refrigerator and Stove. The nicely sized bedroom provides a peaceful retreat, complete with ample closet space and natural light. Bathroom has bathtub for soaking and relaxing. Enjoy the convenience of your own garage, providing secure parking and additional storage options. Water cost is included in the lease and free on-site laundry facilities, plus a grassy community area you can enjoy with friends or family. Near local shops, cafes, and parks, you’ll love the vibrant community atmosphere while still being close to all that Burbank has to offer. Don’t miss this opportunity to make this lovely apartment your new home! Contact us today to schedule a viewing.

Last Agent to Rent the Property

Charlene Allen

Equity Union Brokerage Phone: 818-749-6934 License #01955751 Listed on: 10/31/2024

Equity Union

Co-Listed By

Terry Davis

Equity Union Brokerage Phone: 818-749-6934 License #01145003

Last Renter's Agent

NoEmail NoEmail

None MRML License #N/A

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,042

Year Built

  • Built in 1939

Lot Details

  • 7,848 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Property Views

  • City Lights
  • Mountain
  • Neighborhood

Home Design

  • Quadruplex

Interior Spaces

  • 589 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Security Deposit $1,900
  • Rent includes water
  • 12-Month Minimum Lease Term
  • Available 11/11/24
  • Tax Lot 2530
  • Tax Tract Number 6694
  • Assessor Parcel Number 5621026020

Community Details

Overview

  • No Home Owners Association
  • $3,800 HOA Transfer Fee
  • 4 Units

Recreation

  • Hiking Trails
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,042

Year Built

Built in 1939

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2024-11-11
  • Credit Check Paid By: Tenant
  • Deposit Security: 1900
  • Furnished: Unfurnished
  • Transfer Fees: 3800.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Quadruplex
  • Other Phone Description: 818-822-9232
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential Lease
  • Parcel Number: 5621026020
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 589.00 Square Feet
  • Stories: 1
  • Entry Location: Stairs Up
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.23
  • Room Type: Main Floor Bedroom

Exterior Features

  • View: City Lights, Mountain(s), Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking, Sidewalks

Schools

  • School District: Burbank Unified

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7848.00
  • Lot Size Acres: 0.1802

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 7848.0000 Square Feet
  • Number Of Units Total: 4
  • Rent Includes: Water

Tax Info

  • Tax Lot: 2530
  • Tax Tract Number: 6694

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2009
Sold by
Jaramillo Gloria Ines and Majidi Kh Gloria
Bought by
Jaramillo Gloria Ines
Current Estimated Value
$1,516,479

Purchase Details

Closed on
Feb 2, 2006
Sold by
Majidi Kh Yaghob Jake
Bought by
Majidi Kh Gloria

Purchase Details

Closed on
Jan 1, 1997
Sold by
Simay Gregory L
Bought by
Majidi Kh Yaghob and Majidi Kh Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
7.58%

Purchase Details

Closed on
Mar 6, 1995
Sold by
Simay Gregory L and Julius L Simay Revocable Trust
Bought by
Simay Gregory L
Source: Public Records

Range of Values:

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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
Jaramillo Gloria Ines -- None Available
Majidi Kh Gloria -- None Available
Majidi Kh Yaghob $266,000 Southland Title Corporation
Simay Gregory L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Majidi Kh Gloria $160,500
Closed Majidi Kh Yaghob $203,000
Closed Majidi Kh Yaghob $199,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2024 12/09/24 Rented $1,900 0.0% --
12/06/2024 12/06/24 Under Contract -- -- --
10/31/2024 10/31/24 For Rent $1,900 -- --
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 $5,042 $433,208 $244,292 $188,916
2024 $5,042 $424,714 $239,502 $185,212
2023 $4,992 $416,387 $234,806 $181,581
2022 $4,773 $408,223 $230,202 $178,021
2021 $4,741 $400,220 $225,689 $174,531
2019 $4,556 $388,351 $218,996 $169,355
2018 $4,457 $380,737 $214,702 $166,035
2016 $4,213 $365,955 $206,366 $159,589
2015 $4,130 $360,459 $203,267 $157,192
2014 $4,145 $353,399 $199,286 $154,113
Source: Public Records

Agents Affiliated with this Home

  • Charlene Allen

    Landlord's Agent in 2024

    Charlene Allen

    Equity Union

    (818) 749-6934

    3 in this area

    39 Total Sales

    Charlene Allen
    Section Image
  • Terry Davis

    Landlord's Co-Listing Agent in 2024

    Terry Davis

    Equity Union

    (818) 822-9232

    3 in this area

    38 Total Sales

    Terry Davis
    Section Image

  • N

    Tenant's Agent in 2024

    NoEmail NoEmail

    None MRML

    (646) 541-2551

    2 in this area

    5,818 Total Sales

    NoEmail NoEmail
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB24224933

California Regional Multiple Listing Service (CRMLS)

APN: 5621-026-020

California Los Angeles County Burbank 91501 Hillside District

505 E Valencia Ave Unit B, Burbank, CA

This home is located at 505 E Valencia Ave Unit B, Burbank, CA 91501 since 31 October 2024 and is currently priced at $1,516,479. This property was built in 1939. 505 E Valencia Ave Unit B is a home located in Los Angeles County with nearby schools including Joaquin Miller Elementary School, John Muir Middle School, and Burbank High School.

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.

California Regional Multiple Listing Service (CRMLS) 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

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