Arthur Ambarchyan
Responds Quickly
Keller Williams R. E. Services
(747) 271-1402
83 Total Sales
4 in Hillside District
$1.4M - $3.8M Price Range
529 E Orange Grove Ave Burbank, CA 91501
Hillside District NeighborhoodEstimated Value: $1,659,038
5
Beds
5
Baths
3,235
Sq Ft
$513/Sq Ft
Est. Value
Highlights
- No HOA
- Ralph Emerson Elementary School Rated A-
- Front Yard
About This Home
As of January 2025Investors and Homeowners! Located in the hills of Burbank is this 4-unit income property with BUR4 zoning which allows for medium-density multi-family housing (i.e. it permits higher density development compared to single-family zones). An excellent opportunity for an investor or a homeowner who wants to live in the front house or one of the other units and rent out the rest! Living in the media capital of the world, Burbank residents take pride in top-rated schools, parks & recreation offerings, hiking trails, charming Chandler Bike Path, trendy shops, & restaurants. Do not miss this opportunity to own this wonderful property in this awesome city!
Last Agent to Sell the Property
Media West Realty,Inc. Brokerage Phone: 818.468-2228 License #01451724 Listed on: 10/25/2024
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1926
Lot Details
- 7,648 Sq Ft Lot
- No Common Walls
- Front Yard
Parking
- 4 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,235 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Legal Lot and Block 13 / 34
- Assessor Parcel Number 2455027013
- $475 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- 1 Separate Gas Meter
- 4 Separate Water Meters
- Electric Expense $5,940
- Fuel Expense $2,215
- Gardener Expense $1,200
- Insurance Expense $3,635
- Operating Expense $14,730
- Gross Income $64,320
- Net Operating Income $48,304
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
Closed on
Oct 14, 2025
Sold by
Ohanian Saro and Megerdichian Seline
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,229,000
Outstanding Balance
$1,217,286
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$441,752
Purchase Details
Closed on
Sep 30, 2025
Sold by
Orange Grove Dream Llc
Bought by
Ohanian Saro and Megerdichian Seline
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,229,000
Outstanding Balance
$1,217,286
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$441,752
Purchase Details
Listed on
Oct 25, 2024
Closed on
Jan 29, 2025
Sold by
Ohanian Saro and Megerdichian Seline
Bought by
Orange Grove Dream Llc
Seller's Agent
Bryan Ochse
Media West Realty,Inc.
Buyer's Agent
Levon Yengibaryan
Coldwell Banker Hallmark
List Price
$1,685,000
Sold Price
$1,600,000
Premium/Discount to List
-$85,000
-5.04%
Views
28
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.18%
Original Mortgage
$1,200,000
Interest Rate
6.69%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 25, 2024
Closed on
Dec 20, 2024
Sold by
Pietrantonio Family Trust and Maria Kramer Angela
Bought by
Ohanian Saro
Seller's Agent
Bryan Ochse
Media West Realty,Inc.
Buyer's Agent
Levon Yengibaryan
Coldwell Banker Hallmark
List Price
$1,685,000
Sold Price
$1,600,000
Premium/Discount to List
-$85,000
-5.04%
Views
28
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.69%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 12, 2018
Sold by
Pietrantonio Rita N and Pietrantonio Family Trust
Bought by
Pietrantonio Rita N and Pietrantonio Family Trust
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hillside District, CA
-
Arthur Ambarchyan
-
'Vic' Vartan Markarian
'Vic' Vartan Markarian
Markarian Realty
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$900K - $1.5M Price Range
-
David Nalbandyan
David Nalbandyan
LA Premier Realty
(747) 277-0134
78 Total Sales
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$525K - $1.6M Price Range
-
Tigran Ghazaryan
Tigran Ghazaryan
Groves Capital, Inc.
(424) 283-8862
10 Total Sales
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$1M - $1.2M Price Range
-
Mayra Santana
Mayra Santana
Sunrise Dream Realty, Inc.
(747) 294-4051
58 Total Sales
1 in Hillside District
$1,525,000 Price
-
Max Gonzalez
Max Gonzalez
Buena Vista Realty
(323) 694-2948
59 Total Sales
1 in Hillside District
$905,000 Price
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 |
|---|---|---|---|
| -- | Atlas Title | ||
| Ohanian Saro | -- | Atlas Title | |
| Orange Grove Dream Llc | -- | None Listed On Document | |
| Ohanian Saro | $1,600,000 | Monarch Title | |
| Pietrantonio Rita N | -- | None Available | |
| Pietrantonio Rita N | -- | None Available |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,229,000 | ||
| Closed | Ohanian Saro | $1,200,000 | |
| Previous Owner | Pietrantonio Francesco B | $250,000 |
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 |
|---|---|---|---|---|
| 01/16/2025 01/16/25 | Sold | $1,600,000 | -5.0% | $495 / Sq Ft |
| 10/25/2024 10/25/24 | For Sale | $1,685,000 | -- | $521 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $17,817 | $1,632,000 | $938,400 | $693,600 |
| 2025 | $17,817 | $1,558,560 | $1,012,860 | $545,700 |
| 2024 | $1,967 | $142,962 | $46,597 | $96,365 |
| 2023 | $1,949 | $140,160 | $45,684 | $94,476 |
| 2022 | $1,872 | $137,413 | $44,789 | $92,624 |
| 2021 | $1,842 | $134,719 | $43,911 | $90,808 |
| 2019 | $1,777 | $130,724 | $42,609 | $88,115 |
| 2018 | $1,630 | $128,162 | $41,774 | $86,388 |
| 2016 | $1,511 | $123,187 | $40,152 | $83,035 |
| 2015 | $1,484 | $121,337 | $39,549 | $81,788 |
| 2014 | $1,508 | $118,961 | $38,775 | $80,186 |
Source: Public Records
Agents Affiliated with this Home
-
Bryan Ochse
Seller's Agent in 2025
Bryan Ochse
Media West Realty,Inc.
(323) 431-9650
14 in this area
135 Total Sales
-
Levon Yengibaryan
Buyer's Agent in 2025
Levon Yengibaryan
Coldwell Banker Hallmark
(818) 415-0147
8 in this area
61 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB24220971
APN: 2455-027-013
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.
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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