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615 E Orange Grove Ave, Burbank, CA 91501

$4,695,000
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  • —

    bed

  • —

    bath

Multi-family for sale 9 hours
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About 615 E Orange Grove Ave

Property type Multi-family
Neighborhood
Year built 1963
HOA fee $0/month
Lot size 7,807 Sqft
Movoto estimate
Rental estimate
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.
Listed by
Listing Agent - Kali Lamarine
Listing Agent Contact: (310) 720-5393
Listing Office - LA Lux Property Management Inc
Source: CRMLS mls logo
MLS#P1-29322 • last updated 12 hours ago
Movoto checked CRMLS for data 3 minutes ago
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Overview
Levels/Style One
Type Residential Income
Status Active
Lot Size (Acres) 0.1792
Lot Size (SqFt) 7807
Year Built 1963
Interior
Laundry Community
Appliances Gas Cooktop, Microwave, Refrigerator, Gas Water Heater, Range Hood, Gas Range, Gas Oven, Dishwasher
Interior Features Balcony, Living Room Balcony, Ceiling Fan(s), Sump Pump, Storage, Stone Counters, Tandem
Exterior
Building Area 9496
Parking Assigned, Carport
# Parking Spaces 11
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Spa None
Pool None
Location
View None
County Los Angeles
Community Features Curbs, Sidewalks
Subdivision Not Applicable, Not Applicable
Zoning BUR4*
Directions Cross Street: N Sixth St
APN 2455026013
Multifamily Details
Expense: Trash 3027.36
Operating Expense 79194.68
Cap Rate 4.48
Expense: Insurance 10763.64
Total Expenses 79194.68
Expense: Maintenance 9655.44
Expense: Water/ Sewer 4842.44
Gross Income 5970
Expense: Electric 1198.37
Gross Multiplier 16.21
Gross Scheduled Income 289713.6
Expense: Fuel 4071.08
Expense: Gardener 1800
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6/10
John Muir Middle School
public Grades 6-8
Burbank Unified School District
7/10
Burbank High School
public Grades 9-12
Burbank Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/21/2026. 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.
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