727 E Palm, Burbank, CA 91501
- $1,350,000
- 5
- BD
- 4
- BA
- 2,518
- SqFt
- Sold Price
- $1,350,000
- List Price
- $1,495,000
- Closing Date
- Jun 05, 2026
- Status
- CLOSED
- MLS#
- PF26085219
- Year Built
- 1948
- Bedrooms
- 5
- Bathrooms
- 4
- Living Sq. Ft
- 2,518
- Lot Size
- 7,489
- Acres
- 0.17
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 11
- Property Type
- Multifamily
- Style
- Traditional
- Property Sub Type
- Quadruplex
- Stories
- One Level
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!!
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Additional Information
- Appliances
- Dryer, Washer
- Pool Description
- None
- Fireplace Description
- Living Room
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- Mountain(s)
- Exterior Construction
- Stucco
- Roof
- Asphalt
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- School District
- Burbank Unified
- Interior Features
- Separate/Formal Dining Room, Eat-in Kitchen, All Bedrooms Down, Bedroom on Main Level
- Attached Structure
- Attached
- Number Of Units Total
- 4
Listing courtesy of Listing Agent: Steven Jones (steven_jonesca@yahoo.com) from Listing Office: The One Luxury Properties.
Listing sold by Sipan Movsesyan from JohnHart Real Estate
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.