$5,422,300
- 21 Beds
- 22 Baths
- 11,419 sqft
623 E Cedar Ave, Burbank, CA 91501
Est. Refi. Payment $33,976/mo*
Refinance Your HomeCurrently Off Market - Sold Jul 9, 2018 for $4,500,000
Home Value
Trulia Estimate
$5.42MSince last month
Increased$282K (+5.4%)Since last year
Increased$267K (+5.1%)Since last sale
Increased$966K (+21.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +230% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $5.47M |
| August 2026 | $5.42M |
| July 2026 | $5.18M |
| June 2026 | $5.41M |
| May 2026 | $5.29M |
| April 2026 | $5.21M |
| March 2026 | $5.45M |
| February 2026 | $5.44M |
| January 2026 | $5.16M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.26 | Multi-Family Home | $4,700,000 | 03/02/26 | 16 | 24 | 10,020 | |
0.42 | Multi-Family Home | $4,950,000 | 03/11/26 | 18 | 16 | 9,841 | |
0.09 | Multi-Family Home | $1,620,000 | 06/29/26 | 24 | 16 | 2,890 | |
0.62 | Multi-Family Home | $3,725,000 | 11/26/25 | 16 | 14 | 7,042 | |
0.68 | Multi-Family Home | $3,000,000 | 05/12/26 | 16 | 12 | 7,874 | |
0.14 | Multi-Family Home | $8,820,000 | 01/12/26 | 48 | 48 | 23,440 | |
0.14 | Multi-Family Home | $8,820,000 | 01/09/26 | 48 | 48 | 23,440 | |
0.41 | Multi-Family Home | $2,100,000 | 11/03/25 | 8 | 8 | 4,820 | |
0.29 | Multi-Family Home | $2,000,050 | 10/07/25 | 7 | 6 | 4,500 | |
0.97 | Multi-Family Home | $3,050,000 | 02/26/26 | 14 | 11 | 7,089 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.08 | $758,200 | 2 | 2 | 1,248 | Off Market | |
0.08 | $694,600 | 2 | 2 | 1,248 | Off Market | |
0.08 | $1,087,700 | 3 | 2 | 1,559 | Off Market | |
0.08 | $916,900 | 3 | 2 | 1,589 | Off Market | |
0.08 | $820,200 | 2 | 2 | 1,462 | Off Market | |
0.05 | $10,150,000 | 29 | 34 | 20,768 | For Sale | |
0.07 | $704,000 | 2 | 2 | 1,255 | Recently Sold | |
0.08 | $1,215,200 | 3 | 2 | 1,393 | Off Market | |
0.09 | $1,620,000 | 24 | 16 | 2,890 | Recently Sold | |
0.11 | $1,375,000 | 2 | 1 | 1,038 | Recently Sold | |
0.12 | $1,206,800 | 2 | 1 | 1,063 | Recently Sold | |
0.09 | $1,000,300 | 3 | 2.5 | 1,283 | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1984
11,419 sqft
$475/sqft
Garage
About this House
This professionally managed building features a unit mix with one (1) 1 bedroom unit, and ten (10) 2 bedroom units. The building has been very well maintained: seven units have newer plank flooring, two have units granite counter tops, and five of the HVAC units have been recently replaced. The property also features a pitched roof, central HVAC, ample gated parking, individual hot water heaters and alley access. This is an opportunity for an investor to capitalize on approximately 23% +/- rental upside with minimal capital expenditure.
623 E Cedar Ave, Burbank, CA 91501 is a 21 bedroom, 22 bathroom, 11,419 sqft multi-family built in 1984. It last sold for $4,500,000 on Jul 9, 2018. More recently, it was listed as a rental in April 2012 with an asking price of $1,450 per month. That rental listing was removed on May 20, 2012. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $5,422,300, with a rent estimate of $2,554/month.
Home Details for 623 E Cedar Ave
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Heating & Cooling Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2 |
Interior Details Types of Rooms: Family Room |
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Year Built Year Built: 1984 |
Property Type / Style Property Type: Multi Family |
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Parking & Garage GarageParking Spaces: 21Parking: Garage Attached, Garage Detached |
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Units in Building: 11 |
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Lot Area: 8768 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 9, 2018 Source: CLAW #18320554 | Sold | $4,500,000 |
May 11, 2018 Source: Agent Provided | Pending | $4,600,000 |
Apr 29, 2018 Source: Agent Provided | PriceChange | $4,600,000 Price decreased by 6% |
Mar 7, 2018 Source: Agent Provided | Listed For Sale | $4,900,000 |
May 20, 2012 Source: Agent Provided | ListingRemoved | $1,450 |
Apr 20, 2012 Source: Agent Provided | Listed For Rent | $1,450 |
Market trends in Burbank
Last updated August 2026
Avg. sale price
$1.2M
$15.83KMoM
Sale-to-List Price
100.5%
0.1%MoM
Price per sq ft
$789
$13MoM
Available listings
160
4MoM
Around this home
What Locals Say about Burbank
At least 897 Trulia users voted on each feature.
92 % Say it's dog friendly
91 % Say there are sidewalks
79 % Say it's walkable to restaurants
79 % Say car is needed
77 % Say people would walk alone at night
75 % Say it's walkable to grocery stores
74 % Say streets are well-lit
67 % Say there's holiday spirit
65 % Say parking is easy
61 % Say they plan to stay for at least 5 years
60 % Say it's quiet
58 % Say yards are well-kept
55 % Say kids play outside
53 % Say neighbors are friendly
49 % Say there's wildlife
25 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 623 E Cedar Ave
- What is 623 E Cedar Ave estimated to be worth?Trulia's estimated value for 623 E Cedar Ave in Burbank, CA is $5,422,300.
- What is the price history for 623 E Cedar Ave?623 E Cedar Ave in Burbank, CA last sold for $4,500,000 in July 2018.
- Is Burbank a buyer's or seller's market?Burbank is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Burbank?The median sale price in Burbank is $1.2M. That is down $15.83K from the prior month.
- Does 623 E Cedar Ave have air conditioning?Yes, 623 E Cedar Ave in Burbank, CA has air conditioning.

