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$1,495,000

Est. payment - /mo

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5 Beds

4 Baths

2,518 SqFt

New

727 E Palm Burbank, CA 91501

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Gina Biglione

gbiglione@gmail.com +1(619) 884-9555

UPDATED:

Key Details

Property Type Condo

Sub Type All Other Attached

Listing Status Active

Purchase Type For Sale

Square Footage 2,518 sqft

Price per Sqft $593

MLS Listing ID PF26085219

Style Traditional

Bedrooms 5

Full Baths 4

Year Built 1948

Lot Size 7,489 Sqft

Property Sub-Type All Other Attached

Property Description

First time on the market in over 60 years. All the perks of living in the great City of Burbank. Close to shopping, dining and entertainment. Close to adjacent cities of Glendale and Pasadena. Close to major freeways for ease of access. Great development opportunity or just remodel existing structures. Zoned for low density multifamily housing. Check with City of Burbank to see development and land usage opportunities. Currently a multifamily 4-unit property. Main structure is 2 bed 1 bath. Two units in back are 1 bed 1 bath. Third unit out back is studio with bath. Three income properties are tenant occupied. Monthly current total gross rent collected from 3 units is $4,500. Oversized two story garage. Driveway parking for up to 4 cars. Home is being sold as is condition. All sizes and dimensions are per city and county records. Newer roof is approximately 8 years old on main home only. All (4) units are separately metered for gas and electric. Main home is metered for water for all 4 units. Buyer is advised to have professional inspections and to verify all information with the City of Burbank. Trust sale DOES NOT require court confirmation. Property to convey with three tenants in place currently. One tenant month to month lease other two leases mature in September and December 2026. Renovate/Expand/Teardown and build new. Great location in Burbank!!

Location

State CA

County Los Angeles

Direction Drive North on Olive. Turn Left on Kenneth. Turn Left onto Palm Avenue.

Interior

Cooling Wall/Window

Flooring Carpet, Laminate, Linoleum/Vinyl

Fireplaces Type FP in Living Room

Fireplace No

Appliance Dryer, Washer

Laundry Gas, Washer Hookup

Exterior

Parking Features Gated, Garage

Garage Spaces 2.0

Fence Chain Link

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Public

View Mountains/Hills

Roof Type Asphalt

Total Parking Spaces 6

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 2455032008

Acceptable Financing Cash To New Loan

Listing Terms Cash To New Loan

Listed by Steven Jones, DRE#01836994 The One Luxury Properties

NEARBY SCHOOL & BUSINESS

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Gina Biglione

Agent | License ID: 02225190

+1(619) 884-9555

727 E Palm Burbank, CA 91501

Gina Biglione

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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727 E Palm