NOT LISTED FOR SALE

549 E Palm Ave Unit 204 Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $844,000 - $947,000

4 Beds
2 Baths
1,600 Sq Ft
0.35 Acre Lot

Sale Details

Date Sold: July 1, 2020

Last sale price $695,000 $434 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,512 / mo

Highlights

  • 0.35 Acre Lot
  • Views
  • Central Heating and Cooling System
  • Ralph Emerson Elementary School Rated A-
  • 1-Story Property

About This Home

As of June 2024

This luxurious condominium is available for rent in the highly sought-after neighborhood of Burbank. Boasting four bedrooms and two bathrooms, spanning approximately 1,600 square feet, this residence offers ample space and comfort. Additionally, it includes two assigned parking spaces for vehicles and features three balconies for enhanced outdoor living. Furthermore, the building is equipped with an elevator for convenience.

Last Agent to Rent the Property

George Sahakyan

Keller Williams Studio City License #02073608 Listed on: 05/08/2024

Keller Williams Studio City

Last Renter's Agent

George Sahakyan

Keller Williams Studio City License #02073608 Listed on: 05/08/2024

Keller Williams Studio City

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2008

Lot Details

  • 0.35

Parking

  • 2 Covered Spaces

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Security Deposit $5,500
  • Tenant pays for trash collection, water, gas, electricity
  • 12 Month Lease Term
  • Assessor Parcel Number 2455-030-061

Condo Details

Home Type

Condominium

Year Built

Built in 2008

Lot Details

0.35 Acres

Rental Info

  • Security Deposit: 5500
  • Tenant Pays: Trash Collection, Water, Gas, Electricity

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 1600
  • Lot Acreage: 0.3495
  • Year Built: 2008
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Laminate
  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Microwave, Dryer, Dishwasher, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 3.12

Exterior Features

  • Pool: No
  • View: Any
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Parking Space
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 2455-030-061
  • Lot Size Area: 15224

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 19, 2020
Closed on
Jun 26, 2020
Sold by
Bought by
Seller's Agent
Rachael Osgood
Media West Realty,Inc.
Buyer's Agent
Ruben Ayrapetyan
United Real Estate Los Angeles
List Price
$715,000
Sold Price
$695,000
Premium/Discount to List
-$20,000
-2.8%
Current Estimated Value
$888,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,485
Avg. Annual Appreciation
4.19%
Original Mortgage
$344,000
Outstanding Balance
$303,673
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$584,812

Purchase Details

Listed on
Apr 19, 2020
Closed on
May 8, 2020
Sold by
Bought by
Seller's Agent
Rachael Osgood
Media West Realty,Inc.
Buyer's Agent
Ruben Ayrapetyan
United Real Estate Los Angeles
List Price
$715,000
Sold Price
$695,000
Premium/Discount to List
-$20,000
-2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Outstanding Balance
$303,673
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$584,812

Purchase Details

Closed on
Dec 21, 2012
Sold by
Bought by

Purchase Details

Closed on
Oct 11, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,760,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

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
-- Ticor Title
-- Ticor Title
$695,000 Ticor Title
$500,000 Chicago Title Company
$2,550,000 Southland Title
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 $344,000
Previous Owner $281,000
Previous Owner $5,760,000
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 Prior Sale
06/18/2024 06/18/24 Rented $4,500 -9.8% --
05/22/2024 05/22/24 Price Changed $4,990 -9.3% $3 / Sq Ft
05/08/2024 05/08/24 For Rent $5,500 0.0% --
07/01/2020 07/01/20 Sold $695,000 -0.6% $434 / Sq Ft View Prior Sale
05/05/2020 05/05/20 Pending -- -- --
04/29/2020 04/29/20 Price Changed $699,000 -2.2% $437 / Sq Ft
04/19/2020 04/19/20 For Sale $715,000 -- $447 / 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
2025 $8,559 $754,887 $491,710 $263,177
2024 $8,296 $740,086 $482,069 $258,017
2023 $8,207 $725,575 $472,617 $252,958
2022 $7,832 $711,349 $463,350 $247,999
2021 $7,853 $702,199 $457,389 $244,810
2020 $6,319 $562,986 $338,580 $224,406
2019 $6,131 $551,948 $331,942 $220,006
2018 $6,089 $541,127 $325,434 $215,693
2016 $5,773 $520,116 $312,798 $207,318
2015 $5,656 $512,304 $308,100 $204,204
2014 $5,641 $502,269 $302,065 $200,204
Source: Public Records

Agents Affiliated with this Home

  • George Sahakyan

    Landlord's Agent in 2024

    George Sahakyan

    Keller Williams Studio City

    (818) 858-9272

    1 in this area

    13 Total Sales

    George Sahakyan
    Section Image
  • Rachael Osgood

    Seller's Agent in 2020

    Rachael Osgood

    Media West Realty,Inc.

    (818) 845-9700

    4 in this area

    44 Total Sales

    Rachael Osgood
    Section Image

  • C

    Seller Co-Listing Agent in 2020

    Camille Nelson

    Media West Realty,Inc.

    (818) 635-0235

    4 in this area

    37 Total Sales

    Camille Nelson
    Section Image

  • R

    Buyer's Agent in 2020

    Ruben Ayrapetyan

    United Real Estate Los Angeles

    Section Image
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Map

Source: The MLS

MLS Number: 24-392963

The MLS

APN: 2455-030-061

California Los Angeles County Burbank 91501 Hillside District

549 E Palm Ave Unit 204, Burbank, CA

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The MLS © 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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