'Vic' Vartan Markarian
Markarian Realty
(626) 240-5877
114 Total Sales
4 in Hillside District
$900K - $1.5M Price Range
701 N 6th St Burbank, CA 91501
Hillside District NeighborhoodEstimated Value: $1,670,000 - $1,836,000
6
Beds
4
Baths
2,978
Sq Ft
$586/Sq Ft
Est. Value
Highlights
- Laundry Facilities
- Ralph Emerson Elementary School Rated A-
- 1-Story Property
About This Home
As of May 2026Exceptional investment opportunity in one of Burbank’s most desirable neighborhoods located above Glenoaks Blvd. This classic fourplex sits on an expansive 13,000+ sq ft corner lot, offering outstanding curb appeal, excellent frontage, and long-term development flexibility. The property features a highly sought-after unit mix consisting of two (2) 2-bedroom/1-bath units and two (2) 1-bedroom/1-bath units. Plus 4 garages and an expansive parking area. All units are well-proportioned with functional layouts, ample natural light, and strong rental demand in this prime Burbank market. Additional highlights include multiple access points due to the corner location, generous outdoor space, and potential for added parking or future ADU or additional unit possibilities (buyer to verify). Located on a quiet residential street surrounded by pride-of-ownership homes, yet minutes from studios, parks, shopping, dining, and top-rated Burbank schools. A rare chance to acquire a stable, well-located multifamily asset with significant upside in one of the Valley’s strongest rental markets.
Last Agent to Sell the Property
Pinnacle Estate Properties Brokerage Phone: 818-674-1745 License #00590104 Listed on: 03/21/2026
Last Buyer's Agent
Pinnacle Estate Properties Brokerage Phone: 818-674-1745 License #00590104 Listed on: 03/21/2026
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1949
Lot Details
- 13,067 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 2,978 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Legal Lot and Block 1 / 2
- Tax Tract Number 5880
- Assessor Parcel Number 2459039001
- $557 per year additional tax assessments
Community Details
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Gross Income $59,880
Additional Features
- 4 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
Mar 21, 2026
Closed on
Apr 15, 2026
Sold by
Mlt Properties Llc
Bought by
Seller's Agent
Patricia Petralia
Pinnacle Estate Properties
Buyer's Agent
Patricia Petralia
Pinnacle Estate Properties
List Price
$1,875,000
Sold Price
$1,720,000
Premium/Discount to List
-$155,000
-8.27%
Views
17
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
$25,178
Avg. Annual Appreciation
5.75%
Original Mortgage
$1,376,000
Outstanding Balance
$1,373,407
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$371,771
Purchase Details
Closed on
Oct 20, 2004
Sold by
Smith Victor Townley
Bought by
Mlt Properties Llc
Purchase Details
Closed on
Jul 30, 2004
Sold by
The Marie Louise Townley Trust
Bought by
Smith Victor Townley and Ludwig Renee Andrea
Purchase Details
Closed on
Sep 6, 1996
Sold by
Townley Marie Louise
Bought by
Townley Marie Louise
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hillside District, CA
-
'Vic' Vartan Markarian
-
David Nalbandyan
David Nalbandyan
LA Premier Realty
(747) 277-0134
79 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
-
Mayra Santana
Mayra Santana
Sunrise Dream Realty, Inc.
(747) 294-4051
62 Total Sales
1 in Hillside District
$1,525,000 Price
-
Max Gonzalez
Max Gonzalez
Buena Vista Realty
(323) 694-2948
60 Total Sales
1 in Hillside District
$905,000 Price
-
Trey Beltran
Trey Beltran
Responds QuicklyEquity Union
(818) 639-7581
23 Total Sales
2 in Hillside District
$815,000 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 |
|---|---|---|---|
| $1,720,000 | Orange Coast Title Company | ||
| Mlt Properties Llc | -- | -- | |
| Mlt Properties Llc | -- | -- | |
| Smith Victor Townley | -- | -- | |
| Smith Victor Townley | -- | -- | |
| Townley Marie Louise | -- | -- |
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 | $1,376,000 |
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 |
|---|---|---|---|---|
| 05/28/2026 05/28/26 | Sold | $1,720,000 | -8.3% | $578 / Sq Ft |
| 04/10/2026 04/10/26 | Pending | -- | -- | -- |
| 03/21/2026 03/21/26 | For Sale | $1,875,000 | -- | $630 / 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 | $1,951 | $135,468 | $75,487 | $59,981 |
| 2025 | $1,951 | $132,812 | $74,007 | $58,805 |
| 2024 | $1,886 | $130,208 | $72,556 | $57,652 |
| 2023 | $1,870 | $127,656 | $71,134 | $56,522 |
| 2022 | $1,800 | $125,154 | $69,740 | $55,414 |
| 2021 | $1,772 | $122,701 | $68,373 | $54,328 |
| 2019 | $1,713 | $119,063 | $66,346 | $52,717 |
| 2018 | $1,538 | $116,730 | $65,046 | $51,684 |
| 2016 | $1,429 | $112,199 | $62,521 | $49,678 |
| 2015 | $1,404 | $110,514 | $61,582 | $48,932 |
| 2014 | $1,432 | $108,350 | $60,376 | $47,974 |
Source: Public Records
Agents Affiliated with this Home
-
Patricia Petralia
Seller's Agent in 2026
Patricia Petralia
Pinnacle Estate Properties
(818) 674-1745
1 in this area
13 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR26056585
APN: 2459-039-001
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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