NOT LISTED FOR SALE

1512 N Valley St Burbank, CA 91505

Northwest District Neighborhood

Estimated Value: $1,089,000 - $1,313,000

3 Beds
2 Baths
1,600 Sq Ft
$752/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $935,000 $584 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $7,204/month

Highlights

  • Gourmet Kitchen
  • Primary Bedroom Suite
  • Engineered Wood Flooring
  • Bret Harte Elementary School Rated A
  • Traditional Architecture
  • 3-minute walk to Valley Park

About This Home

As of November 2023

Exquisite remodeled traditional home in prime Burbank with incredible designer finishes now available for lease. Open concept floorplan has upgrades are of the finest quality and include recessed lighting, hardwood style floors, custom paint, double pane windows and blinds throughout. Gourmet entertainter's kitchen has incredible custom cabintery, gorgeous quartz countertops with walled backsplash, large center island with quartz apron and room for seating. Top of the line Viking appliances including stainless steel microwave, dishwasher, stove and double door refrigerator. Large Dining area. Dedicated laundry area with new built ins and large new LG washer and dryer. New central AC and heating systems. Good sized bedrooms and master bedroom has incredible custom walk-in closet with built-ins, dressing area and en-suite bath. Easy street parking and sorry no pets. Close to Warner Brothers, great restaurants and all that Burbank and Toluca Lake has to offer! One small pet ok with deposit Easy street parking.

Last Agent to Rent the Property

Elizabeth Welchman

Core Real Estate Group License #01824923 Listed on: 10/13/2023

Core Real Estate Group

Last Renter's Agent

Elizabeth Welchman

Core Real Estate Group License #01824923 Listed on: 10/13/2023

Core Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,734

Year Built

  • Built in 1944 | Remodeled

Lot Details

  • 5,907 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Property is zoned BUR1YY

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Double Pane Windows
  • Living Room
  • Dining Area
  • Engineered Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Gas Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Security Deposit $9,400
  • Tenant pays for electricity, gas, insurance, trash collection, water
  • Rent includes gardener
  • 12 Month Lease Term
  • Assessor Parcel Number 2435-020-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,734

Year Built

Built in 1944 | Remodeled

Lot Details

0

Rental Info

  • Cashiers Check: 1st Month Rent, Security Deposit, Pet Deposit
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Pet Deposit: 500.00
  • Rent Excludes: Garage, driveway.
  • Rent Includes: Gardener
  • Security Deposit: 9400
  • Tenant Pays: Electricity, Gas, Insurance, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Traditional
  • Single Family Or Apt: Single Family
  • Levels: One
  • Street Number Display: Yes
  • Entry Location: Living Room
  • Lease Terms: 1-Year
  • Living Area: 1600
  • Lot Acreage: 0.1356
  • Lot Dimensions: 50x120
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1944
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Engineered Hardwood
  • Appliances: Microwave, Oven-Gas
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Suite
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area, Kitchen Island
  • Kitchen Features: Gourmet Kitchen, Island, Remodeled, Stone Counters
  • Laundry: In Unit, In Closet, Laundry Area, Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Equipment: Microwave, Garbage Disposal, Dryer, Washer, Refrigerator, Range/Oven, Dishwasher, Built-Ins
  • Price Per S Q F T: 2.94
  • Windows: Double Pane Windows

Exterior Features

  • Pool: No
  • Spa Yn: No
  • View: No

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Smoke Detector, Carbon Monoxide Detector(s)

Association/Amenities

  • Pet Rules: Yes, Weight Limit

Lot Info

  • Assessor Parcel Number: 2435-020-015
  • Lot Size Area: 5907

MLS Schools

  • School District: Burbank Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2025
Sold by
Ohanian Robert and Safaryan Adrine
Bought by
Ohanian Safaryan Trust and Ohanian
Current Estimated Value
$1,202,984

Purchase Details

Listed on
May 8, 2023
Closed on
May 26, 2023
Sold by
Safaryan Adrine
Bought by
Ohanian Robert
Seller's Agent
Harry Kapukchyan
HPD Realty Corp.
Buyer's Agent
Luis Larios Jr
No Firm Affiliation
List Price
$899,000
Sold Price
$935,000
Premium/Discount to List
$36,000
4%
Views
78

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.07%

Purchase Details

Listed on
May 8, 2023
Closed on
May 19, 2023
Sold by
Davido Zoya
Bought by
Davido Robert
Seller's Agent
Harry Kapukchyan
HPD Realty Corp.
Buyer's Agent
Luis Larios Jr
No Firm Affiliation
List Price
$899,000
Sold Price
$935,000
Premium/Discount to List
$36,000
4%
Views
78

Purchase Details

Listed on
May 8, 2023
Closed on
May 16, 2023
Sold by
Ilkhanoff Nina
Bought by
Ohanian Robert
Seller's Agent
Harry Kapukchyan
HPD Realty Corp.
Buyer's Agent
Luis Larios Jr
No Firm Affiliation
List Price
$899,000
Sold Price
$935,000
Premium/Discount to List
$36,000
4%
Views
78

Purchase Details

Closed on
Jun 24, 1999
Sold by
Davido Anna
Bought by
Ilkhanoff Nina and Sarkis Zina

Purchase Details

Closed on
Nov 9, 1993
Sold by
Schneider Gustavo F
Bought by
Davido Polis and Davido Anna

Purchase Details

Closed on
Apr 14, 1992
Sold by
Schneider Gina F
Bought by
Schneider Gustavo F
Source: Public Records

Range of Values:

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Average Value
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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
Ohanian Safaryan Trust -- None Listed On Document
Ohanian Robert -- None Listed On Document
Ohanian Robert -- Stewart Title Of California In
Davido Robert -- Stewart Title Of California In
Ohanian Robert $935,000 Stewart Title Of California In
Davido Albert -- Stewart Title Of California In
Sarkis Zina -- Stewart Title Of California In
Ilkhanoff Nina -- --
Davido Polis $155,000 North American Title Company
Schneider Gustavo F -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2023 11/20/23 Rented $4,700 0.0% --
11/16/2023 11/16/23 Under Contract -- -- --
10/22/2023 10/22/23 Price Changed $4,700 -9.6% $3 / Sq Ft
10/13/2023 10/13/23 For Rent $5,200 0.0% --
05/31/2023 05/31/23 Sold $935,000 +4.0% $599 / Sq Ft View Prior Sale
05/11/2023 05/11/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $899,000 -- $576 / Sq Ft
Source: The MLS

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 $10,734 $972,773 $778,219 $194,554
2024 $10,734 $953,700 $762,960 $190,740
2023 $3,070 $253,195 $178,059 $75,136
2022 $2,935 $248,231 $174,568 $73,663
2021 $2,917 $243,365 $171,146 $72,219
2019 $2,804 $236,149 $166,071 $70,078
2018 $2,698 $231,519 $162,815 $68,704
2016 $2,549 $222,531 $156,494 $66,037
2015 $2,499 $219,190 $154,144 $65,046
2014 $2,500 $214,897 $151,125 $63,772
Source: Public Records

Agents Affiliated with this Home

  • Harry Kapukchyan

    Seller's Agent in 2023

    Harry Kapukchyan

    HPD Realty Corp.

    (818) 448-1726

    2 in this area

    28 Total Sales

    Harry Kapukchyan
    Section Image
  • Elizabeth Welchman

    Landlord's Agent in 2023

    Elizabeth Welchman

    Core Real Estate Group

    (310) 666-9682

    9 Total Sales

    Elizabeth Welchman
    Section Image

  • L

    Buyer's Agent in 2023

    Luis Larios Jr

    No Firm Affiliation

    Section Image
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Map

Source: The MLS

MLS Number: 23-321125

The MLS

APN: 2435-020-015

California Los Angeles County Burbank 91505 Northwest District

1512 N Valley St, Burbank, CA

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