Lily Galadzhyan
JohnHart Real Estate
(747) 307-4968
34 Total Sales
4 in Hillside District
$640K - $2.1M Price Range
638 E Tujunga Ave Burbank, CA 91501
Hillside District NeighborhoodEstimated Value: $4,768,588
2
Beds
3
Baths
10,020
Sq Ft
$476/Sq Ft
Est. Value
About This Home
As of March 2026We are proud to represent this 8 unit apartment building in an excellent Burbank rental pocket. The building was constructed in 1989. Its unit mix consists of (8) 2-bedroom, 2.5-bathroom units, (4) of which are loft units. With a lot size of 7,064 square feet, the property has a total of 10,020 rentable square feet. The property is located in Burbank, which is a highly desirable rental market and is known as the media capital of the world. It is home to Disney Studios, Warner Brothers, and NBC. The city has over 80 restaurants, 30 movie screens, and 200 stores; its residents enjoy top ranked schools, easy access to the 5 and 134 freeways, and close proximity to the Burbank Metro Link. The building is a Burbank trophy property. Tenants enjoy mountain views, open floor plans, separate entrances, and storage rooms; units also feature fireplaces, washer and dryer hook ups, central air and heating, and outdoor patios and balconies. The building has a new roof. An astute investor will enjoy the turnkey asset, excellent unit mix, award winning schools, and improving area as rents increase over time.
Last Agent to Sell the Property
Equity Union Brokerage Phone: 818-640-4360 License #00885625 Listed on: 10/21/2025
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1989
Lot Details
- 7,064 Sq Ft Lot
- 1 Common Wall
- Rectangular Lot
Parking
- 16 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 10,020 Sq Ft Home
- 2-Story Property
- Laundry closet
Bedrooms and Bathrooms
- 2 Bedrooms
- 3 Bathrooms
Location
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 2 / 27
- Tax Tract Number 3102
- Assessor Parcel Number 2455010024
- $1,250 per year additional tax assessments
Community Details
Building Details
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 8 Separate Water Meters
- Fuel Expense $3,960
- Insurance Expense $7,000
- Trash Expense $2,400
- Water Sewer Expense $4,200
- Operating Expense $79,675
- Gross Income $324,600
- Net Operating Income $235,187
Additional Features
- 8 Units
- Laundry Facilities
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
Oct 21, 2025
Closed on
Feb 13, 2026
Sold by
Bought by
Seller's Agent
Cindy Hill
Equity Union
Buyer's Agent
Tyson Dexter
Carnahan-Dexter Property Management Inc.
List Price
$4,695,000
Sold Price
$4,700,000
Premium/Discount to List
$5,000
0.11%
Views
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,588
Avg. Annual Appreciation
3.51%
Purchase Details
Listed on
Aug 31, 2021
Closed on
Aug 23, 2021
Sold by
Bought by
Seller's Agent
Cindy Hill
Equity Union
Buyer's Agent
Cindy Hill
Equity Union
List Price
$4,200,000
Sold Price
$4,200,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.53%
Original Mortgage
$1,500,000
Interest Rate
2.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 7, 1999
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hillside District, CA
-
Lily Galadzhyan
-
Vartan Ambarian
Vartan Ambarian
Keller Williams R. E. Services
(747) 292-6978
20 Total Sales
1 in Hillside District
$1,430,000 Price
-
Arthur Ambarchyan
Arthur Ambarchyan
Responds QuicklyKeller Williams R. E. Services
(747) 271-1402
79 Total Sales
4 in Hillside District
$1.4M - $3.8M Price Range
-
'Vic' Vartan Markarian
'Vic' Vartan Markarian
Markarian Realty
(626) 240-5877
116 Total Sales
4 in Hillside District
$900K - $1.5M Price Range
-
David Nalbandyan
David Nalbandyan
LA Premier Realty
(747) 277-0134
83 Total Sales
4 in Hillside District
$525K - $1.6M Price Range
-
Tigran Ghazaryan
Tigran Ghazaryan
Groves Capital, Inc.
(424) 283-8862
10 Total Sales
2 in Hillside District
$1M - $1.2M Price Range
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 |
|---|---|---|---|
| $4,700,000 | Lawyers Title Company | ||
| $4,200,000 | Lawyers 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 |
|---|---|---|---|
| Previous Owner | $1,500,000 | ||
| Previous Owner | $1,500,000 |
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 |
|---|---|---|---|---|---|
| 03/02/2026 03/02/26 | Sold | $4,700,000 | +0.1% | $469 / Sq Ft | |
| 01/15/2026 01/15/26 | Pending | -- | -- | -- | |
| 11/13/2025 11/13/25 | For Sale | $4,695,000 | 0.0% | $469 / Sq Ft | |
| 11/07/2025 11/07/25 | Pending | -- | -- | -- | |
| 10/21/2025 10/21/25 | For Sale | $4,695,000 | +11.8% | $469 / Sq Ft | |
| 09/03/2021 09/03/21 | Sold | $4,200,000 | 0.0% | $419 / Sq Ft | View Prior Sale |
| 08/31/2021 08/31/21 | Pending | -- | -- | -- | |
| 08/31/2021 08/31/21 | For Sale | $4,200,000 | -- | $419 / 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 |
|---|---|---|---|---|
| 2025 | $50,791 | $4,457,073 | $1,782,829 | $2,674,244 |
| 2024 | $49,210 | $4,369,680 | $1,747,872 | $2,621,808 |
| 2023 | $48,688 | $4,284,000 | $1,713,600 | $2,570,400 |
| 2022 | $46,494 | $4,200,000 | $1,680,000 | $2,520,000 |
| 2021 | $15,398 | $1,298,894 | $384,326 | $914,568 |
| 2019 | $14,801 | $1,260,371 | $372,928 | $887,443 |
| 2018 | $14,600 | $1,235,659 | $365,616 | $870,043 |
| 2016 | $13,751 | $1,187,679 | $351,420 | $836,259 |
| 2015 | $13,484 | $1,169,840 | $346,142 | $823,698 |
| 2014 | $13,446 | $1,146,925 | $339,362 | $807,563 |
Source: Public Records
Agents Affiliated with this Home
-
Cindy Hill
Seller's Agent in 2026
Cindy Hill
Equity Union
(818) 640-8360
6 in this area
76 Total Sales
-
Tyson Dexter
Buyer's Agent in 2026
Tyson Dexter
Carnahan-Dexter Property Management Inc.
(310) 880-6497
1 in this area
25 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25244037
APN: 2455-010-024
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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