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Listed by Kali Lamarine • LA Lux Property Management Inc
$4,695,000
Est. payment /mo
9,496 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 9,496 sqft
Price per Sqft $494
MLS Listing ID P1-29322
Year Built 1963
Lot Size 7,807 Sqft
Source California Regional Multiple Listing Service (CRMLS)
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.
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.
Location
State CA
County Los Angeles
Area 610 - Burbank
Zoning BUR4*
Interior
Interior Features Ceiling Fan(s), Balcony, Living Room Balcony, Stone Counters, Storage, Sump Pump, Tandem
Heating Wall Furnace
Flooring Tile, Vinyl
Fireplaces Type None
Laundry Community
Exterior
Parking Features Assigned, Carport
Pool None
Community Features Curbs, Sidewalks
View Y/N No
View None
Building
Lot Description Sprinklers
Sewer Public Sewer
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John R Thompson
Broker/Owner License ID: 01200900
Broker/Owner License ID: 01200900