NOT LISTED FOR SALE

529 E Orange Grove Ave Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,585,000 - $1,655,000

5 Beds
5 Baths
3,235 Sq Ft
$502/Sq Ft Est. Value

Last Sold January 16, 2025

Last sale price $1,600,000 $495 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $8,574/month

55 Days on Market

Highlights

  • No HOA
  • Ralph Emerson Elementary School Rated A-
  • Front Yard

About This Home

As of January 2025

Investors and Homeowners! Located in the hills of Burbank is this 4-unit income property with BUR4 zoning which allows for medium-density multi-family housing (i.e. it permits higher density development compared to single-family zones). An excellent opportunity for an investor or a homeowner who wants to live in the front house or one of the other units and rent out the rest! Living in the media capital of the world, Burbank residents take pride in top-rated schools, parks & recreation offerings, hiking trails, charming Chandler Bike Path, trendy shops, & restaurants. Do not miss this opportunity to own this wonderful property in this awesome city!

Last Agent to Sell the Property

Bryan Ochse

Media West Realty,Inc. Brokerage Phone: 818.468-2228 License #01451724 Listed on: 10/25/2024

Last Buyer's Agent

Levon Yengibaryan

Coldwell Banker Hallmark License #01887345

Coldwell Banker Hallmark

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 7,648 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 3,235 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 13 / 34
  • Assessor Parcel Number 2455027013
  • $475 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 4 Separate Water Meters
  • Electric Expense $5,940
  • Fuel Expense $2,215
  • Gardener Expense $1,200
  • Insurance Expense $3,635
  • Operating Expense $14,730
  • Gross Income $64,320
  • Net Operating Income $48,304

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Zoning: BUR4*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 2455027013
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 494.59

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7648.00
  • Lot Size Acres: 0.1756

Multi Family

  • Electric Expense: 5940.00
  • Fuel Expense: 2215.00
  • Gross Income: 64320.00
  • Gross Scheduled Income: 64320.00
  • Insurance Expense: 3635.00
  • Lot Size Area: 7648.0000 Square Feet
  • Net Operating Income: 48304.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 14730.00
  • Rent Control: No
  • Total Expenses: 14730.00

Tax Info

  • Tax Block: 34
  • Tax Census Tract: 3107.04
  • Tax Lot: 13
  • TaxOtherAnnualAssessmentAmount: 475.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2025
Sold by
Ohanian Saro and Megerdichian Seline
Bought by
Orange Grove Dream Llc
Current Estimated Value
$1,624,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,229,000
Outstanding Balance
$1,227,856
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$396,537

Purchase Details

Closed on
Sep 30, 2025
Sold by
Orange Grove Dream Llc
Bought by
Ohanian Saro and Megerdichian Seline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,229,000
Outstanding Balance
$1,227,856
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$396,537

Purchase Details

Listed on
Oct 25, 2024
Closed on
Jan 29, 2025
Sold by
Ohanian Saro and Megerdichian Seline
Bought by
Orange Grove Dream Llc
Seller's Agent
Bryan Ochse
Media West Realty,Inc.
Buyer's Agent
Levon Yengibaryan
Coldwell Banker Hallmark
List Price
$1,685,000
Sold Price
$1,600,000
Premium/Discount to List
-$85,000
-5.04%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.51%
Original Mortgage
$1,200,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 25, 2024
Closed on
Dec 20, 2024
Sold by
Pietrantonio Family Trust and Kramer Angela Maria
Bought by
Ohanian Saro and Megerdichian Seline
Seller's Agent
Bryan Ochse
Media West Realty,Inc.
Buyer's Agent
Levon Yengibaryan
Coldwell Banker Hallmark
List Price
$1,685,000
Sold Price
$1,600,000
Premium/Discount to List
-$85,000
-5.04%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2018
Sold by
Pietrantonio Rita N and Pietrantonio Family Trust
Bought by
Pietrantonio Rita N and Pietrantonio Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Orange Grove Dream Llc -- Atlas Title
Ohanian Saro -- Atlas Title
Orange Grove Dream Llc -- None Listed On Document
Ohanian Saro $1,600,000 Monarch Title
Ohanian Saro $1,600,000 Monarch Title
Pietrantonio Rita N -- None Available
Pietrantonio Rita N -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ohanian Saro $1,229,000
Previous Owner Ohanian Saro $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2025 01/16/25 Sold $1,600,000 -5.0% $495 / Sq Ft
10/25/2024 10/25/24 For Sale $1,685,000 -- $521 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,967 $1,558,560 $1,012,860 $545,700
2024 $1,967 $142,962 $46,597 $96,365
2023 $1,949 $140,160 $45,684 $94,476
2022 $1,872 $137,413 $44,789 $92,624
2021 $1,842 $134,719 $43,911 $90,808
2019 $1,777 $130,724 $42,609 $88,115
2018 $1,630 $128,162 $41,774 $86,388
2016 $1,511 $123,187 $40,152 $83,035
2015 $1,484 $121,337 $39,549 $81,788
2014 $1,508 $118,961 $38,775 $80,186
Source: Public Records

Agents Affiliated with this Home

  • Bryan Ochse

    Seller's Agent in 2025

    Bryan Ochse

    Media West Realty,Inc.

    (323) 431-9650

    15 in this area

    150 Total Sales

    Bryan Ochse
    Section Image
  • Levon Yengibaryan

    Buyer's Agent in 2025

    Levon Yengibaryan

    Coldwell Banker Hallmark

    (818) 415-0147

    7 in this area

    68 Total Sales

    Levon Yengibaryan
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB24220971

California Regional Multiple Listing Service (CRMLS)

APN: 2455-027-013

California Los Angeles County Burbank 91501 Hillside District

529 E Orange Grove Ave, Burbank, CA

Not Listed for Sale

MultiFamily

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