NOT LISTED FOR SALE

521 E Valencia Ave Unit B Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,432,287 - $1,952,000

2 Beds
1.5 Baths
900 Sq Ft
$1,820/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • Joaquin Miller Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of April 2022

This townhouse is located in a small 4-unit complex offering 2 bedrooms, 1.5 bathrooms, fresh new flooring in bedrooms, Central Air and heat, and laundry room on premises. Tenant will also have 1 designated parking space in the back area accessed from the alley and landlord will be responsible for water.

Last Agent to Rent the Property

Arthur Ambarchyan

Keller Williams R. E. Services License #01351863 Listed on: 03/28/2022

Keller Williams R. E. Services

Last Renter's Agent

Arthur Ambarchyan

Keller Williams R. E. Services License #01351863 Listed on: 03/28/2022

Keller Williams R. E. Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,364

Year Built

  • Built in 1923

Lot Details

  • 7,845 Sq Ft Lot
  • 1 Common Wall

Home Design

  • 900 Sq Ft Home
  • Apartment

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Security Deposit $2,300
  • Rent includes water
  • 12-Month Minimum Lease Term
  • Available 3/28/22
  • Assessor Parcel Number 5621026016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,364

Year Built

Built in 1923

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2022-03-28
  • Deposit Security: 2300

Listing Details

  • Inclusions: Water is paid by landlord
  • Property Attached: Yes
  • Zoning: BUR4*
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 5621026016
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Living Area: 900.00
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: Two
  • Price Per Square Foot: 2.56

Utilities

  • Heating: Yes
  • Heating Type: Forced Air
  • Sewer: Sewer Paid
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Size Sq Ft: 7845.00
  • Lot Size Acres: 0.1800

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 7845.0000 Square Feet
  • Rent Includes: Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2021
Sold by
Keshishyan Zhenik
Bought by
Keshishyan Zhenik and The Zhenik Keshishyan Trust
Current Estimated Value
$1,638,072

Purchase Details

Closed on
Jan 5, 2017
Sold by
Keshishyan Zhenik
Bought by
Keshishyan Zhenik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 1998
Sold by
Henderson Carl F and Henderson Florence M
Bought by
Keshishyan Zhenik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,200
Interest Rate
7%

Purchase Details

Closed on
Sep 3, 1998
Sold by
Keshishyan Daniel
Bought by
Keshishyan Zhenik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,200
Interest Rate
7%
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
Keshishyan Zhenik -- None Available
Keshishyan Zhenik -- Lawyers Title
Keshishyan Zhenik $278,000 Progressive Title Company
Keshishyan Zhenik -- Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keshishyan Zhenik $800,000
Closed Keshishyan Zhenik $495,000
Closed Keshishyan Zhenik $336,550
Closed Keshishyan Zhenik $120,000
Closed Keshishyan Zhenik $344,000
Closed Keshishyan Zhenik $40,000
Closed Keshishyan Zhenik $344,000
Closed Keshishyan Zhenk $100,000
Closed Keshishyan Zhenik $250,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2022 03/28/22 Rented $2,300 0.0% --
03/28/2022 03/28/22 For Rent $2,300 -- --
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 $5,364 $455,143 $156,761 $298,382
2024 $5,364 $446,220 $153,688 $292,532
2023 $5,311 $437,472 $150,675 $286,797
2022 $5,080 $428,895 $147,721 $281,174
2021 $4,965 $420,486 $144,825 $275,661
2020 $4,909 $417,075 $143,340 $273,735
2019 $4,771 $408,916 $140,530 $268,386
2018 $4,648 $400,917 $137,775 $263,142
2016 $4,382 $384,485 $132,426 $252,059
2015 $4,296 $378,710 $130,437 $248,273
2014 $4,308 $371,292 $127,882 $243,410
Source: Public Records

Agents Affiliated with this Home

  • Arthur Ambarchyan

    Landlord's Agent in 2022

    Arthur Ambarchyan

    Keller Williams R. E. Services

    (818) 230-3228

    1 in this area

    61 Total Sales

    Arthur Ambarchyan
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320009864

California Regional Multiple Listing Service (CRMLS)

APN: 5621-026-016

California Los Angeles County Burbank 91501 Hillside District

521 E Valencia Ave Unit B, Burbank, CA

This home is located at 521 E Valencia Ave Unit B, Burbank, CA 91501 since 28 March 2022 and is currently priced at $1,638,072. This property was built in 1923. 521 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.

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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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