We are pleased to present 623 Orange Grove Ave., a 5-unit multifamily investment opportunity located in the heart of Glendale. This asset sits on a 6,882 square foot lot, it is the perfect opportunity for a passive investment in a high rental demand area. Constructed in 1964, 623 Orange Grove Ave. comprises of two two-bedroom/two-bathroom units and three two-bedroom/one-bathroom units. The 5,652 square feet of improvements boast each of the two-bedroom units around 1,050 square feet approximately. One of the units has been fully renovated and all units have separate meters for gas and electricity. The property offers ten parking spaces, five of which are covered spaces, complimentary storage cabinets for all tenants, and a private laundry room. Recent capital improvements to the property also include The property has new landscaping, new backyard outdoor space, new overall building improvements including exterior painting and lighting. All residents are on a Ratio Utility Billing lease. This property is mere moments away from the highly anticipated Erewhon, The Americana at Brand, Glendale Galleria, and other renowned landmarks. Enjoy seamless access to major highways, exquisite dining, and vibrant entertainment. The location of this building makes it an attractive asset to investors and prospective tenants looking to make this property their home.
Property Details
Price:
$2,450,000
MLS #:
GD25147184
Status:
Active
Baths:
0
Address:
623 Orange Grove Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
628glendalesouthof134fwy
City:
Glendale
Listed Date:
May 15, 2025
State:
CA
ZIP:
91205
Lot Size:
6,883 sqft / 0.16 acres (approx)
Year Built:
1964
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Schools
Interior
Exterior
Community Features
Street Lights
Garage Spaces
5.00
Lot Features
2-5 Units/ Acre
Parking Spots
5.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address623 Orange Grove Avenue Glendale CA
- Area628 – Glendale-South of 134 Fwy
- CityGlendale
- CountyLos Angeles
- Zip Code91205
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623 Orange Grove Avenue
Glendale, CA
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