NOT LISTED FOR SALE

620 E Palm Ave Unit 301 Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $839,830 - $945,000

3 Beds
2 Baths
1,500 Sq Ft
$589/Sq Ft Est. Value

About This Home

Check out this luxurious prime Burbank condo with upgrades!

Bright and spacious, this open-concept 3-bedroom, 2-bath condo is located in the heart of Burbank. The home features two generous balconies, including a front-facing balcony with an oversized walk-in storage closet—perfect for all your Costco essentials.

Enjoy the convenience and security of two subterranean parking spaces, along with ample in-unit closet storage. Situated on the third floor, this private corner unit boasts sweeping street and mountain views. The expansive living room, enhanced by recessed lighting and a cozy fireplace, offers the ideal setting for entertaining or relaxing with family.

Upgrades include new vinyl plank flooring throughout and a stylish kitchen with subway tile backsplash and premium straight-edge Calacatta quartz countertops. The primary suite offers a private bath and a spacious walk-in closet, while the two additional bedrooms feature wall-to-wall mirrored closets—one with direct access to a balcony with mountain views.

This gated 15-unit community offers well-maintained grounds, an outdoor BBQ area, elevator access, guest parking, and a welcoming neighborhood atmosphere. Located within walking distance of downtown Burbank, you’ll be close to the library, shopping, dining, entertainment, farmers market, and civic centers.

Come tour this beautiful condo—you won’t be disappointed!

Water and trash are included (except for electric, gas, solid waste, sewer, and internet service)

Unit features:
Nest thermostat
Fireplace
Stainless Samsung gas stove and microwave
Stackable LG washer and dryer in unit
LG stainless refrigerator
New tankless water heater
New a/c system
Fresh designer neutral paint
New floors
New bathrooms
High end window shades
Trash chute on floor

Unit has been completely renovated with noticeable high-end upgrades.

***Lease Terms:
Minimum 12–18-month lease
Move in: First month’s rent: $4,200(prorated)
Security deposit: $4,200
Credit Check: $50 per adult due with application
Pet Rent: $50 a month per pet, no cats; small-medium (up to 25 lb.) size dogs only maximum of 2 dogs

Please call or text all inquiries Kristine

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2008
Sold by
Vonhartmann Lillian
Bought by
Zargaryan Gagik
Current Estimated Value
$883,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Outstanding Balance
$254,850
Interest Rate
5.62%
Mortgage Type
New Conventional
Estimated Equity
$629,108

Purchase Details

Closed on
Feb 12, 2008
Sold by
Movsesian Viguen and Von Hartmann Lillian
Bought by
Vonhartmann Lillian

Purchase Details

Closed on
Feb 5, 2004
Sold by
Master Builders Construction Inc
Bought by
Movsesian Viguen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
5.37%
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
Zargaryan Gagik $510,000 Commonwealth Title Company
Vonhartmann Lillian -- None Available
Movsesian Viguen $486,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zargaryan Gagik $408,000
Previous Owner Movsesian Viguen $297,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/01/2026 01/01/26 Off Market $4,200 -- --
12/12/2025 12/12/25 Price Changed $4,200 -2.3% $3 / Sq Ft
11/26/2025 11/26/25 Price Changed $4,300 -1.1% $3 / Sq Ft
11/21/2025 11/21/25 Price Changed $4,350 -1.0% $3 / Sq Ft
10/26/2025 10/26/25 Price Changed $4,395 -2.2% $3 / Sq Ft
10/14/2025 10/14/25 Price Changed $4,495 -0.1% $3 / Sq Ft
09/10/2025 09/10/25 For Rent $4,500 -- --

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 $7,371 $669,877 $383,932 $285,945
2024 $7,371 $656,743 $376,404 $280,339
2023 $7,293 $643,867 $369,024 $274,843
2022 $6,960 $631,243 $361,789 $269,454
2021 $6,931 $618,867 $354,696 $264,171
2020 $6,853 $612,523 $351,060 $261,463
2019 $6,648 $600,514 $344,177 $256,337
2018 $6,607 $588,740 $337,429 $251,311
2016 $6,153 $555,000 $317,000 $238,000
2015 $6,118 $555,000 $317,000 $238,000
2014 $5,681 $506,000 $289,000 $217,000
Source: Public Records

Map

California Los Angeles County Burbank 91501 Hillside District

620 E Palm Ave Unit 301, Burbank, CA

Not Listed for Sale

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