Seller's Agent in 2025
Moises Arroyo
The Core Agency
(818) 723-0816
2 in this area
83 Total Sales
824 N Lima St Burbank, CA 91505
Magnolia Park NeighborhoodEstimated Value: $1,645,532 - $1,796,000
5
Beds
4
Baths
2,564
Sq Ft
$676/Sq Ft
Est. Value
Highlights
- Guest House
- Solar Power System
- Vaulted Ceiling
- Dolores Huerta Middle School Rated A-
- Living Room with Fireplace
- Traditional Architecture
About This Home
As of October 2025Welcome to 824 & 826 N Lima Street a rare and beautifully upgraded dual-residence property in the heart of Burbank's coveted Magnolia Park! This gorgeous home includes a charming main house with 3 bedrooms, 2 bathrooms with 1,584 sq ft of thoughtfully designed living space, as well as a brand new ADU featuring 2 bedrooms, 2 bathrooms, dramatic vaulted ceilings, and 980 sq ft of bright, modern living. The main house boasts an open-concept layout, perfect for entertaining, with a master bedroom retreat complete with soaring vaulted ceilings and ample natural light. The newly constructed ADU is equally impressive, offering a spacious and airy ambiance thanks to its high ceilings and contemporary finishesideal for guests, extended family, or potential rental income. Located on one of the most desirable streets in Magnolia Park, you're just a short stroll away from local coffee shops, banks, EV charging stations, and some of Burbank's best restaurants. Enjoy a strong sense of community with access to top-rated Burbank schools, tree-lined streets, and a nearby walkable community park.Burbank is known for its small-town charm with big-city convenienceshome to major studios like Warner Bros. and Disney, a vibrant downtown, and an unbeatable blend of suburban comfort and urban access.This is a perfect opportunity to own a move-in-ready home with added versatility and investment potential in one of LA's most sought-after neighborhoods!
Last Agent to Sell the Property
The Core Agency License #01853838 Listed on: 07/17/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1940
Lot Details
- 6,749 Sq Ft Lot
- Lot Dimensions are 50x135
- Property is zoned BUR1YY
Home Design
- Traditional Architecture
Interior Spaces
- 2,564 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Living Room with Fireplace
- Dining Area
- Laundry Room
- Property Views
Kitchen
- Oven or Range
- Water Line To Refrigerator
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Parking
- 2 Parking Spaces
- Driveway
Additional Features
- Solar Power System
- Guest House
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Electric Vehicle Charging Station
Listing and Financial Details
- Assessor Parcel Number 2480-006-012
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2025
Closed on
Oct 14, 2025
Sold by
Moiyo Properties Llc
Bought by
Jun Ik Chan
Seller's Agent
Moises Arroyo
The Core Agency
Buyer's Agent
Garik Kechegyan
Blackstone Estates, Inc.
List Price
$1,899,000
Sold Price
$1,788,000
Premium/Discount to List
-$111,000
-5.85%
Views
84
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
-$19,925
Avg. Annual Appreciation
-5.20%
Original Mortgage
$1,519,800
Outstanding Balance
$1,515,133
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$219,250
Purchase Details
Listed on
Jul 17, 2025
Closed on
Sep 23, 2025
Sold by
Lee Jin Hee
Bought by
Jun Ik Chan
Seller's Agent
Moises Arroyo
The Core Agency
Buyer's Agent
Garik Kechegyan
Blackstone Estates, Inc.
List Price
$1,899,000
Sold Price
$1,788,000
Premium/Discount to List
-$111,000
-5.85%
Views
84
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,519,800
Outstanding Balance
$1,515,133
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$219,250
Purchase Details
Closed on
May 28, 2024
Sold by
Altus Julie
Bought by
Moiyo Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,080,000
Interest Rate
6.89%
Mortgage Type
Construction
Purchase Details
Closed on
Aug 27, 2007
Sold by
Us Bank Na
Bought by
Altus Julie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 17, 2007
Sold by
Soto Francisco A
Bought by
Us Bank Na
Purchase Details
Closed on
Sep 26, 2005
Sold by
Monarch Real Estate Investment Llc
Bought by
Soto Francisco A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
7.75%
Mortgage Type
Balloon
Purchase Details
Closed on
Jun 30, 2004
Sold by
Nelson Kurt and Nelson Robin
Bought by
Monarch Real Estate Investment Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.68%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jun 4, 2004
Sold by
Petitt Russell J and The Russell J Petitt Living Tr
Bought by
Nelson Kurt
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.68%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
May 18, 2003
Sold by
Petitt Darlene M
Bought by
The Darlene M Petitt Living Trust
Purchase Details
Closed on
Apr 28, 1994
Sold by
Petitt Russell J and Petitt Darlene M
Bought by
Petitt Russell J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,567
Interest Rate
7.84%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jun Ik Chan | $1,788,000 | Wfg Title Company | |
| Jun Ik Chan | -- | Wfg Title Company | |
| Moiyo Properties Llc | $1,100,000 | Wfg Title Company | |
| Altus Julie | $660,000 | First American Title Ins Co | |
| Us Bank Na | $659,598 | Accommodation | |
| Soto Francisco A | $775,000 | Old Republic Title | |
| Monarch Real Estate Investment Llc | -- | -- | |
| Nelson Kurt | $478,000 | Old Republic Title | |
| The Darlene M Petitt Living Trust | -- | -- | |
| The Russell J Petitt Living Trust | -- | -- | |
| Petitt Russell J | -- | First American Title Guarant |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jun Ik Chan | $1,519,800 | |
| Previous Owner | Moiyo Properties Llc | $1,080,000 | |
| Previous Owner | Altus Julie | $528,000 | |
| Previous Owner | Soto Francisco A | $620,000 | |
| Previous Owner | Monarch Real Estate Investment Llc | $155,000 | |
| Previous Owner | Nelson Kurt | $95,600 | |
| Previous Owner | Petitt Russell J | $76,567 | |
| Closed | Nelson Kurt | $382,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/16/2025 10/16/25 | Sold | $1,788,000 | -3.3% | $697 / Sq Ft |
| 09/10/2025 09/10/25 | Pending | -- | -- | -- |
| 08/08/2025 08/08/25 | Price Changed | $1,849,000 | -2.6% | $721 / Sq Ft |
| 07/17/2025 07/17/25 | For Sale | $1,899,000 | -- | $741 / Sq Ft |
Source: The MLS
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 | $9,610 | $1,350,000 | $1,150,000 | $200,000 |
| 2024 | $9,610 | $849,908 | $679,933 | $169,975 |
| 2023 | $9,509 | $833,244 | $666,601 | $166,643 |
| 2022 | $9,079 | $816,907 | $653,531 | $163,376 |
| 2021 | $9,044 | $800,890 | $640,717 | $160,173 |
| 2019 | $8,680 | $777,137 | $621,714 | $155,423 |
| 2018 | $8,540 | $761,900 | $609,524 | $152,376 |
| 2016 | $8,112 | $732,316 | $585,856 | $146,460 |
| 2015 | $7,608 | $690,000 | $552,000 | $138,000 |
| 2014 | $6,801 | $605,000 | $484,000 | $121,000 |
Source: Public Records
Agents Affiliated with this Home
-
Moises Arroyo
-
Garik Kechegyan
G
Buyer's Agent in 2025
Garik Kechegyan
Blackstone Estates, Inc.
(818) 590-2850
2 in this area
12 Total Sales
Map
Source: The MLS
MLS Number: 25566831
APN: 2480-006-012
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© 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.
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