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Sold for $1,350,000
    • Listed by: The One Luxury Properties • Steven Jones
    Bought with: JohnHart Real Estate
    $1,350,000

    727 E Palm Ave, Burbank, CA 91501

    5beds
    2,518sqft
    Quadruplex
    Built in 1948
    -- sqft lot
    $1,350,600 Zestimate®
    $536/sqft
    $6,372 Estimated rent

    Home value

    $1,350,600

    $1.23M - $1.49M

    $6,372/mo

    Zestimate® history
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    What's special

    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!!

    Zillow last checked:

    Listing updated:

    Listed by:

    Steven Jones DRE #01836994 3104889979,

    The One Luxury Properties

    Bought with:

    Sipan Movsesyan, DRE #02155003

    JohnHart Real Estate

    Source: CRMLS,MLS#: PF26085219MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    • Main level bathrooms: 4
    • Main level bedrooms: 5
    Rooms
    • Room types: Bedroom, Living Room, Dining Room
    Bedroom
    • Features: All Bedrooms Down
    Bedroom
    • Features: Bedroom on Main Level
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Dryer, Washer
    • Laundry: Washer Hookup, Gas Dryer Hookup
    Features
    • Separate/Formal Dining Room, Eat-in Kitchen, All Bedrooms Down, Bedroom on Main Level
    • Flooring: Carpet, Laminate, Vinyl
    • Windows: Blinds, Drapes
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total interior livable area: 2,518 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Concrete, Driveway Level, Garage, Gated, Off Street, One Space
    • Garage spaces: 2
    • Uncovered spaces: 4
    Features
    • Levels: One
    • Stories: 1
    • Entry location: front
    • Pool features: None
    • Fencing: Chain Link
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 7,489 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 2455032008
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Stucco
    • Foundation: Raised
    • Roof: Asphalt
    Condition
    • Fixer
    • New construction: No
    • Year built: 1948

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Street Lights, Sidewalks
    Location
    • Region: Burbank

    Financial & listing details

    • Price per square foot: $536/sqft
    • Tax assessed value: $104,001
    • Annual tax amount: $1,501
    • Date on market: 4/23/2026
    • Cumulative days on market: 11 days
    • Listing terms: Cash to New Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/5/2026Sold$1,350,000-9.7%$536/sqft
    Source: CRMLS #PF26085219 Report a problem
    6/3/2026Pending sale$1,495,000$594/sqft
    Source: CRMLS #PF26085219 Report a problem
    5/12/2026Contingent$1,495,000$594/sqft
    Source: CRMLS #PF26085219 Report a problem
    4/24/2026Listed for sale$1,495,000+1679.8%$594/sqft
    Source: CRMLS #PF26085219 Report a problem
    4/6/2017Listing removed$2,550$1/sqft
    Source: Zillow Rental Manager Report a problem
    4/4/2017Price change$2,550-3.8%$1/sqft
    Source: Zillow Rental Manager Report a problem
    3/23/2017Listed for rent$2,650$1/sqft
    Source: Zillow Rental Manager Report a problem
    3/1/2007Sold$84,000$33/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,501 +3.1%$104,001 +2%
    2024$1,456 +0.9%$101,963 +2%
    2023$1,443 +4%$99,965 +2%
    2022$1,387 +1.7%$98,006 +2%
    2021$1,364 +1.2%$96,085 +1%
    2020$1,348 $95,101 +2%
    2019$1,348 +13.8%$93,237 +2%
    2018$1,184 $91,410 +2%
    2017$1,184 +2.1%$89,618 +2%
    2016$1,160 +5.9%$87,861 +1.5%
    2015$1,095 -0.6%$86,542 +2%
    2014$1,102 $84,848 +4.5%
    2011-- $81,187 +0.5%
    2009-- $80,773 +2%
    2008-- $79,190 +4%
    2006-- $76,117
    2005-- $76,117 +8.1%
    2002-- $70,416 +4%
    2000-- $67,683
    Find assessor info on the county website

    Neighborhood: 91501

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    Estimated market value
    $1,350,600
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    Estimated market value
    $1,350,600

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