Mitchell Stein
KW College Park
(424) 332-1466
41 Total Sales
5 in Hillside District
$1.2M - $1.4M Price Range
703 E Providencia Ave Unit 105 Burbank, CA 91501
Hillside District Neighborhood
6
Beds
10
Baths
6,686
Sq Ft
6,285
Sq Ft Lot
Highlights
- 5 Car Garage
- Joaquin Miller Elementary School Rated A-
- 4-minute walk to Joaquin Miller Park
About This Home
As of October 2016We are pleased to present a ten unit apartment building located in Burbank, CA. This property is located in one ofthe most desirable pockets of Burbank, above Glenoaks Blvd and just minutes from Downtown Burbank, The Studios, and the Bob Hope Airport. Directly adjacent to Burbank are the NoHo arts district, Studio City, Toluca Lake, and Universal City, which all offer an abundance of entertainment and fine dining. Additionally, the property is situated right across the street from Joaquin Miller Elementary School. This location is ideal for a variety of tenants, from middle-class professionals to blue-collar workers. This building was constructed in 1924 and consists of six 1+1 units and four studios.It has been kept up well and still remains an attractive building. The property is non-rent control, which is important when investing in a city like Burbank which is expected to grow in the years to come. A stable tenant base with relatively higher incomes makes this a great investmen
Last Agent to Sell the Property
Marcus & Millichap License #01905352 Listed on: 07/13/2016
Last Buyer's Agent
Spartak Hovakimyan
New Era Properties License #01935820
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1924
Lot Details
- 6,285 Sq Ft Lot
Parking
- 5 Car Garage
Interior Spaces
- 6 Bedrooms
- 6,686 Sq Ft Home
- 2-Story Property
Community Details
- 10 Units
Listing and Financial Details
- Assessor Parcel Number 2455-001-018
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
Closed on
Nov 3, 2017
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
$1,680,000
Outstanding Balance
$1,372,867
Interest Rate
3.83%
Mortgage Type
Commercial
Purchase Details
Listed on
Jul 13, 2016
Closed on
Oct 7, 2016
Sold by
Bought by
Seller's Agent
Filip Niculete
Marcus & Millichap
Buyer's Agent
Spartak Hovakimyan
New Era Properties
List Price
$2,250,000
Sold Price
$1,970,000
Premium/Discount to List
-$280,000
-12.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,170,000
Interest Rate
3.46%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 15, 2016
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
$900,000
Interest Rate
3.62%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hillside District, CA
-
Mitchell Stein
-
CIERA SIMS-BOTSFORD
CIERA SIMS-BOTSFORD
ANOMALY REAL ESTATE
(951) 749-9183
209 Total Sales
1 in Hillside District
$800,000 Price
-
Andrew Hart
Andrew Hart
Real Broker
(818) 463-1176
64 Total Sales
2 in Hillside District
$847K - $1.2M Price Range
-
Nikolai Medvedev
Nikolai Medvedev
Berkshire Hathaway HomeServices California Properties
(213) 652-6289
19 Total Sales
1 in Hillside District
$805,000 Price
-
Armen Mardirousi
Armen Mardirousi
R3ES
(747) 307-6746
6 Total Sales
1 in Hillside District
$770,000 Price
-
Rudy Kusuma
Rudy Kusuma
LPT Realty, Inc
(916) 249-4078
153 Total Sales
1 in Hillside District
$1,170,000 Price
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 |
|---|---|---|---|
| $2,850,000 | Commonwealth Land Title Co | ||
| $1,970,000 | Commonwealth Land Title | ||
| $1,500,000 | Progressive 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 | $1,680,000 | ||
| Previous Owner | $1,170,000 | ||
| Previous Owner | $900,000 | ||
| Previous Owner | $300,000 |
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 |
|---|---|---|---|---|
| 10/19/2016 10/19/16 | Sold | $1,970,000 | -6.2% | $295 / Sq Ft |
| 10/07/2016 10/07/16 | Pending | -- | -- | -- |
| 09/21/2016 09/21/16 | Price Changed | $2,100,000 | -6.7% | $314 / Sq Ft |
| 07/24/2016 07/24/16 | For Sale | $2,250,000 | +14.2% | $337 / Sq Ft |
| 07/14/2016 07/14/16 | Off Market | $1,970,000 | -- | -- |
| 07/13/2016 07/13/16 | For Sale | $2,250,000 | -- | $337 / 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 | $37,090 | $3,242,809 | $2,048,091 | $1,194,718 |
| 2024 | $35,939 | $3,179,226 | $2,007,933 | $1,171,293 |
| 2023 | $35,560 | $3,116,889 | $1,968,562 | $1,148,327 |
| 2022 | $33,962 | $3,055,774 | $1,929,963 | $1,125,811 |
| 2021 | $33,827 | $2,995,858 | $1,892,121 | $1,103,737 |
| 2019 | $32,467 | $2,912,250 | $1,836,000 | $1,076,250 |
| 2018 | $32,289 | $2,855,250 | $1,800,000 | $1,055,250 |
| 2017 | $22,530 | $1,970,000 | $790,000 | $1,180,000 |
| 2016 | $12,352 | $1,062,097 | $510,439 | $551,658 |
| 2015 | $12,113 | $1,046,144 | $502,772 | $543,372 |
| 2014 | $12,139 | $1,025,653 | $492,924 | $532,729 |
Source: Public Records
Agents Affiliated with this Home
-
Filip Niculete
Seller's Agent in 2016
Filip Niculete
Marcus & Millichap
(818) 357-9525
101 Total Sales
-
S
Buyer's Agent in 2016
Spartak Hovakimyan
New Era Properties
Map
Source: The MLS
MLS Number: 16-143392
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.
© 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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