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805 800-2855
Real Estate Company
615 E Orange Grove Avenue, Burbank, CA 91501
- $4,695,000
- List Price
- $4,695,000
- Status
- ACTIVE
- MLS#
- P1-29322
- Year Built
- 1963
- Lot Size
- 7,807
- Acres
- 0.18
- Days on Market
- 2
- Property Type
- Multifamily
- Stories
- One Level
- Neighborhood
- Not Applicable
Property Description
Presenting 615 E Orange Grove Avenue, a fully occupied, 10-unit multifamily investment opportunity in Burbank. The property features on-site parking, storage units, and a shared laundry room, offering practical conveniences that enhance the resident experience.With 100% occupancy, the building offers an established rental operation and in-place income from all 10 units. Its combination of full occupancy and desirable amenities makes this property a compelling opportunity for investors seeking to establish or expand their multifamily portfolio in Burbank.
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Additional Information
- Appliances
- Dishwasher, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Range Hood
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- None
- Patio
- Balcony
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Balcony, Ceiling Fan(s), Stone Counters, Storage, Tandem
- Attached Structure
- Attached
- Number Of Units Total
- 10
- Gross Scheduled Income
- $288,753
- Operating Expense
- 76194
Listing courtesy of Listing Agent: Kali Lamarine (kali@laluxpm.com) from Listing Office: LA Lux Property Management Inc.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.