727 E Palm Ave Burbank, CA 91501
Hillside District NeighborhoodEstimated payment $8,094/month
Highlights
- Gated Parking
- Mountain View
- Main Floor Bedroom
- Ralph Emerson Elementary School Rated A-
- Traditional Architecture
- No HOA
About This Home
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!!
Listing Agent
The One Luxury Properties Brokerage Phone: 3104889979 License #01836994 Listed on: 04/23/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Lot Details
- 7,489 Sq Ft Lot
- 1 Common Wall
- Chain Link Fence
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- 4 Open Parking Spaces
- Parking Available
- Driveway Level
- Gated Parking
- Parking Lot
- Off-Street Parking
Home Design
- Traditional Architecture
- Quadruplex
- Entry on the 1st floor
- Fixer Upper
- Raised Foundation
- Asphalt Roof
- Stucco
Interior Spaces
- 2,518 Sq Ft Home
- 1-Story Property
- Drapes & Rods
- Blinds
- Living Room with Fireplace
- Dining Room
- Mountain Views
- Eat-In Kitchen
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 5 Main Level Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Natural Gas Connected
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Legal Lot and Block 7 / 20
- Tax Tract Number 2279
- Assessor Parcel Number 2455032008
- $426 per year additional tax assessments
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,456 | $104,001 | $47,528 | $56,473 |
| 2024 | $1,456 | $101,963 | $46,597 | $55,366 |
| 2023 | $1,443 | $99,965 | $45,684 | $54,281 |
| 2022 | $1,387 | $98,006 | $44,789 | $53,217 |
| 2021 | $1,364 | $96,085 | $43,911 | $52,174 |
| 2020 | $1,348 | $95,101 | $43,461 | $51,640 |
| 2019 | $1,317 | $93,237 | $42,609 | $50,628 |
| 2018 | $1,184 | $91,410 | $41,774 | $49,636 |
| 2016 | $1,095 | $87,861 | $40,152 | $47,709 |
| 2015 | $1,076 | $86,542 | $39,549 | $46,993 |
| 2014 | $1,102 | $84,848 | $38,775 | $46,073 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/23/2026 04/23/26 | For Sale | $1,495,000 | -- | $594 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PF26085219
APN: 2455-032-008
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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Ask me questions while you tour the home.