RENTED JAN 16, 2026

556 E Palm Ave Unit 102 Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $891,470 - $1,065,000

3 Beds
3 Baths
1,600 Sq Ft
0.35 Acres

Highlights

  • 0.35 Acre Lot
  • No HOA
  • Laundry Room
  • Ralph Emerson Elementary School Rated A-
  • 2 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of January 2026

This beautifully updated 3-bed, 3-bath condo in prime Burbank offers over 1,600 sq. ft. of bright, comfortable living space, perfect for families or professionals seeking both style and convenience. The spacious layout includes an inviting living area with recessed lighting, a modern kitchen featuring sleek finishes, and a private balcony ideal for relaxing or entertaining. Each bedroom provides generous space and privacy, while the in-unit washer and dryer add everyday ease. This home offers two balconies. Located in a highly desirable neighborhood close to shops, dining, studios, and major freeways, this condo also includes two dedicated parking spaces for added convenience.

Last Agent to Rent the Property

Tereza Toramanyan

Coldwell Banker Hallmark Brokerage Phone: 818-281-8812 License #02038821 Listed on: 12/05/2025

Coldwell Banker Hallmark

Last Renter's Agent

Tereza Toramanyan

Coldwell Banker Hallmark Brokerage Phone: 818-281-8812 License #02038821 Listed on: 12/05/2025

Coldwell Banker Hallmark

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2009

Lot Details

  • 0.35

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,600 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $4,700
  • 12-Month Minimum Lease Term
  • Available 12/3/25
  • Tax Lot 1
  • Tax Tract Number 69835
  • Assessor Parcel Number 2455027043

Community Details

Overview

  • No Home Owners Association
  • 15 Units
  • Valley

Pet Policy

  • Dogs and Cats Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 2009

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent
  • Available Date: 2025-12-03
  • Credit Check Paid By: Tenant
  • Deposit Security: 4700
  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 2455027043
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1600.00 Square Feet
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2.88
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 15100.00
  • Lot Size Acres: 0.3466

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 15100.0000 Square Feet
  • Number Of Units In Community: 15
  • Number Of Units Total: 15

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 69835

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2016
Sold by
Banjarjyan Mike
Bought by
Koshkaryan Anna
Current Estimated Value
$953,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,000
Outstanding Balance
$310,176
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$643,692

Purchase Details

Closed on
Aug 28, 2013
Sold by
Parikh Pinky
Bought by
Banjarjyan Mike and Koshikaryan Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2009
Sold by
556 Palm Llc
Bought by
Parikh Pinky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,625
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Koshkaryan Anna -- None Available
Banjarjyan Mike $535,000 Lawyers Title Company
Parikh Pinky $507,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koshkaryan Anna $389,000
Previous Owner Banjarjyan Mike $401,000
Previous Owner Parikh Pinky $380,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2026 01/16/26 Rented $4,600 -2.1% --
12/11/2025 12/11/25 Price Changed $4,700 -5.1% $3 / Sq Ft
12/05/2025 12/05/25 For Rent $4,950 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,230 $655,827 $377,928 $277,899
2024 $7,230 $642,968 $370,518 $272,450
2023 $7,153 $630,361 $363,253 $267,108
2022 $6,827 $618,002 $356,131 $261,871
2021 $6,797 $605,886 $349,149 $256,737
2019 $6,521 $587,917 $338,794 $249,123
2018 $6,477 $576,390 $332,151 $244,239
2016 $6,070 $554,009 $319,254 $234,755
2015 $5,946 $545,688 $314,459 $231,229
2014 $5,928 $535,000 $308,300 $226,700
Source: Public Records

Agents Affiliated with this Home

  • Tereza Toramanyan

    Landlord's Agent in 2026

    Tereza Toramanyan

    Coldwell Banker Hallmark

    (818) 281-8812

    14 in this area

    355 Total Sales

    Tereza Toramanyan
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD25270222

California Regional Multiple Listing Service (CRMLS)

APN: 2455-027-043

California Los Angeles County Burbank 91501 Hillside District

556 E Palm Ave Unit 102, Burbank, CA

Not Listed for Sale

Condos

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