615 E Orange Grove Avenue

Burbank, CA 91501
Property listed by LA Lux Property Management Inc, Kali Lamarine (310) 720-5393
$4,695,000
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… Read MoreRead Less
Listing Snapshot
Days Online
1
Last Updated
Lot Size
0.18 Acres
Year Built
1963
MLS Number
P1-29322
Property Location Map
Additional Details
Appliances & Equipment
Dishwasher, GasCooktop, GasOven, GasRange, GasWaterHeater, Microwave, Refrigerator, RangeHood
Basement
SumpPump
Building
Built in 1963, 1 building, 2 stories, Levels: One
Community
Curbs, Sidewalks
Cooling
WallWindowUnits
Expenses
Electric: $1,198.37, Fuel: $4,071.08, Gardener: $1,800, Insurance: $10,763.6, Maintenance: $9,655.44, Operating: $79,194.7, Trash: $3,027.36, Water/Sewer: $4,842.44, Other Expense: $960
Exterior Features
Patio/Porch Features: Balcony, Balcony
Fence
Masonry, StuccoWall
Fireplaces
None
Floors
Tile, Vinyl
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross Income: $5,970, Gross ScheduledIncome: $289,714, Net Operating Income: $210,519
Interior Features
Balcony, CeilingFans, StoneCounters, Storage, Tandem
Laundry
CommonArea
Lot
0.1792 acres
Parking
11 total parking spaces, Assigned, Carport
Pool
None
Security Features
CarbonMonoxideDetectors, SmokeDetectors
Sewer
PublicSewer
Taxes
Parcel Number: 2455026013, Tax Block: 23, Lot: 13, Zoning: BUR4*
Tenant Pays
Electricity, Gas
Utilities
Water Source: Public, 10 separate electric meters, 10 separate gas meters
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Charles Fisher
Realtor®
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.