NOT LISTED FOR SALE

711 E Orange Grove Ave Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,339,243 - $1,563,000

1 Bed
1 Bath
2,082 Sq Ft
$689/Sq Ft Est. Value

Last Sold February 04, 2015

Last sale price $725,000 $348 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $8,327/month

2 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Lawn
  • Ralph Emerson Elementary School Rated A-
  • Spanish Architecture
  • No HOA

About This Home

As of February 2015

WOW!!! Three unit income property located just below Kenneth Road in the highly desirable Burbank Hillside area! Three 1BD, 1BA units all separately metered complete with two single garages & carport plus laundry/storage room. Front unit (711) is a spacious Spanish style unit (approx. 950 sq. ft.) featuring large kitchen with breakfast area, formal dining, unique barrel ceiling, peg n' groove hardwood floors, fireplace plus central air & heat. Attached is unit 711A, which is updated with newer carpeting & kitchen flooring and offers approx. 650 sq. ft. Unit 713 is a detached unit at the rear of the property (approx. 500 sq. ft.) and offers 1BD, 1BA along with an enclosed porch and cute enclosed exterior patio off the alley at the rear of the property. Property is zoned BUR3, with potential building upside.
Great opportunity for an owner/user with possible development potential! GREAT RENTAL AREA - Easy walk to Burbank Village, schools and transportation.

Last Agent to Sell the Property

Dan Soderstrom

Real Brokerage Technologies License #00969647 Listed on: 01/19/2015

Real Brokerage Technologies

Last Buyer's Agent

Thomas Masterani

Engel & Völkers Burbank License #00716502

Engel & Völkers Burbank

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 7,728 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Block Wall Fence
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Lawn
  • Front Yard

Parking

  • 2 Car Garage
  • 1 Carport Space
  • Parking Available
  • Assigned Parking

Home Design

  • Spanish Architecture
  • Cottage
  • Property Attached
  • Raised Foundation
  • Spanish Tile Roof
  • Composition Roof
  • Wood Siding
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 2,082 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Screens
  • Living Room with Fireplace
  • Mountain Views
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Mirrored Closets Doors
  • 1 Bathroom

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Cooling System Powered By Gas
  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Overhead Utilities
  • Gas Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 2455025015

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • Foothills

Building Details

  • 1 Leased Unit
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $1,170

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: Three (3) Stoves, Window/Wall AC units, Ceiling Fans & Fireplace equipment
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • View: Yes
  • Zoning: BUR3
  • Architectural Style: Cottage, Spanish
  • Property Type: Residential Income
  • Parcel Number: 2455025015
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Partial, Tile Counters
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Carpet, Vinyl, Wood
  • Appliances: Yes
  • Door Features: Mirror Closet Door(s)
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Price Per Square Foot: 348.22
  • Window Features: Screens

Exterior Features

  • Foundation: Raised
  • Other Structures: Storage
  • View: Mountain(s)
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition, Spanish Tile
  • Spa: No
  • Construction Materials: Block, Stucco, Wood Siding

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Cooktop, Gas Water Heater
  • Heating Type: Forced Air, Natural Gas, Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Cooling: Central Air, Electric, Gas, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Front Yard, Level, Lawn, Rectangular Lot, Lot 6500-9999, Paved, Utilities - Overhead
  • Lot Size Sq Ft: 7728.00
  • Lot Size Acres: 0.1770

Multi Family

  • Gross Income: 1170.00
  • Gross Scheduled Income: 1170.00
  • Lot Size Area: 7728.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 3
  • Number With Disposal: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2015
Sold by
Petrou Petros V and Petrou Helen
Bought by
711 Orange Grove Llc
Current Estimated Value
$1,434,811

Purchase Details

Closed on
Jan 22, 2014
Sold by
Stadler Randolph D and Stadler Family Trust
Bought by
Petrou Helen and Petrou Petros V

Purchase Details

Closed on
Jan 17, 2014
Sold by
Stadler Randolph D and E M Ballantyne Stadler C
Bought by
Stadler Randolph D and Ballantyne Stadler C E M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
711 Orange Grove Llc -- None Available
Petrou Helen $725,000 Orange Coast Title Company
Stadler Randolph D -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2015 02/04/15 Sold $725,000 -0.5% $348 / Sq Ft
01/21/2015 01/21/15 Pending -- -- --
01/19/2015 01/19/15 For Sale $729,000 -- $350 / 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 $9,725 $871,328 $522,798 $348,530
2024 $9,725 $854,245 $512,548 $341,697
2023 $9,623 $837,497 $502,499 $334,998
2022 $9,191 $821,077 $492,647 $328,430
2021 $9,152 $804,979 $482,988 $321,991
2020 $9,052 $796,726 $478,036 $318,690
2019 $8,785 $781,105 $468,663 $312,442
2018 $8,644 $765,790 $459,474 $306,316
2016 $8,153 $736,055 $441,633 $294,422
2015 $3,494 $310,575 $308,190 $2,385
2014 $3,504 $304,492 $302,153 $2,339
Source: Public Records

Agents Affiliated with this Home

  • Dan Soderstrom

    Seller's Agent in 2015

    Dan Soderstrom

    Real Brokerage Technologies

    (818) 437-0859

    1 in this area

    10 Total Sales

    Dan Soderstrom
    Section Image

  • T

    Buyer's Agent in 2015

    Thomas Masterani

    Engel & Völkers Burbank

    (818) 843-7100

    5 in this area

    21 Total Sales

    Thomas Masterani
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB15012139

California Regional Multiple Listing Service (CRMLS)

APN: 2455-025-015

California Los Angeles County Burbank 91501 Hillside District

711 E Orange Grove Ave, Burbank, CA

Not Listed for Sale

MultiFamily

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