529 East Orange Grove Avenue

Burbank, CA 91501

$1,685,000
Price
5
Beds
5
Baths
3,235 Sq. Ft.
$521 / Sq. Ft.
3,235
Sq. Ft.
$521
per Sq. Ft.

Description

Investors and Homeowners! Located in the hills of Burbank is this 4-unit income property with BUR4 zoning which allows for medium-density multi-family housing (i.e. it permits higher density development compared to single-family zones). An excellent opportunity for an investor or a homeowner who wants to live in the front house or one of the other units and rent out the rest! Living in the media capital of the world, Burbank residents take pride in top-rated schools, parks & recreation offerings,...Investors and Homeowners! Located in the hills of Burbank is this 4-unit income property with BUR4 zoning which allows for medium-density multi-family housing (i.e. it permits higher density development compared to single-family zones). An excellent opportunity for an investor or a homeowner who wants to live in the front house or one of the other units and rent out the rest! Living in the media capital of the world, Burbank residents take pride in top-rated schools, parks & recreation offerings, hiking trails, charming Chandler Bike Path, trendy shops, & restaurants. Do not miss this opportunity to own this wonderful property in this awesome city!
  1. Listed by Bryan Ochse • DRE #01451724 • Brokerage DRE #01877665 • Media West Realty,Inc. • 818.468-2228

Property Details for 529 East Orange Grove Avenue

Parking Spaces Total
4
Private Pool
No
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3235
Assessor Parcel Number
2455-027-013
Property Attached YN
false
LISTING UPDATED: 10/25/2024 11:27 PM

Property Details for 529 East Orange Grove Avenue

StatusActive
MLS #BB24220971
Days on Market39
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1926
Lot Size0.18 AC / 7,648 SF
CountyLos Angeles County

Building Information for 529 East Orange Grove Avenue

Stories2Residences-Year Built1926Building Size-Lot Size0.18 AC / 7,648 SF

Property Information for 529 East Orange Grove Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $64,320
  • Gross Scheduled Income: $64,320
  • Net Operating Income: $48,304
Expense Details
  • Operating Expense: $14,730
  • Gardener Expense: $1,200
  • Fuel Expense: $2,215
  • Electric Expense: $5,940
  • Insurance Expense: $3,635
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $14,730
Tax / Assessment Info
  • Tax Block: 34
  • Tax Tract Number: 0
  • Tax Census Tract: 3107.04
  • CFD/Mello-Roos Fee: $475
  • Tax Lot: 13
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Front Yard
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,300
  • Unit Type Total Rent: $3,300
  • Unit Type Pro Forma: 5000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,030
  • Unit Type Total Rent: $1,030
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,030
  • Unit Type Total Rent: $1,030
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4

Property History for 529 East Orange Grove Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 529 East Orange Grove Avenue

Taxable ValueLand$46,597Additions$96,365Total$142,962
Tax Record2024$1,967 ($164 / month)
Home Facts
Total Finished SqFt3,235 SqFtAbove Grade Finished SqFt3,235 SqFtLot Size7,645 SqFtStyleQuadraplexYear Built1926ZoningBUR4*CountyLOS ANGELESAPN2455-027-013

Schools near 529 East Orange Grove Avenue

This home is within Burbank Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Ralph Emerson Elementary School
PublicK to 5

John Muir Middle School
Public6 to 8

Burbank High School
Public9 to 12

Burbank Usd Community Day School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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529 East Orange Grove Avenue is a multi-family home for sale in Burbank, CA 91501. This property was listed for sale on October 25, 2024 by Media West Realty,Inc., it's currently listed at $1,685,000. This listing's school district is Burbank Unified School District. Nearby schools include Ralph Emerson Elementary School, John Muir Middle School and Burbank High School. 529 East Orange Grove Avenue is a 5-bed, 5-bath, 3,235 sqft multi-family home built in 1926.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Media West Realty,Inc., Bryan Ochse, DRE #01451724

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.