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727 E Palm, Burbank, CA 91501

Fourplex

727 E Palm, Burbank, CA 91501 Sold June 2026 CRMLS
$1,350,000Sold June 2026

Listing Agent: Steven Jones (DRE #01836994) · Listing Office: The One Luxury Properties · Contact: 3104889979 · Bought with: Sipan Movsesyan · JohnHart Real Estate · MLS #PF26085219 · Source: CRMLS

5
Bedrooms
4
Bathrooms
2,518
Sq Ft
7,489 sqft
Lot Size
1948
Year Built
Fourplex
Type
1
Stories
2
Garage
WallWindowUnits
Cooling
Mountains
View

How this sale compares

727 E Palm sold for $1,350,000 in June 2026, 9.7% under its $1,495,000 list price, after 11 days on the market. That works out to $536 per square foot on 2,518 square feet. Across 57 closed sales in 91501 over the last 12 months, the median sold price is $1,307,777 and the median is $675 per square foot, 26% above this sale's $536.

$536
This sale, per sq ft
$675
91501 median per sq ft (12 mo)
$1,307,777
91501 median sold price (12 mo)
57
Closed sales in 91501 (12 mo)
11
Days on market
−9.7%
Sold vs. list price
QuarterClosed sales in 91501Median sold price
Q1 20264$1,357,474
Q2 202625$1,455,000
Q3 202623$1,030,000
Q4 20265$915,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Burbank · Homes for sale in 91501

Description

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 description from the June 2026 sale, as reported to CRMLS.

Sale history

$1,350,000
Sold June 2026 · listed $1,495,000, on market April 2026, 11 days on market · MLS #PF26085219 · Source: CRMLS
Listing Agent: Steven Jones · Listing Office: The One Luxury Properties · Contact: 3104889979 · Bought with: Sipan Movsesyan · JohnHart Real Estate

Recent sales near 727 E Palm

Closed sales reported in 91501, nearest first, last 12 months. All recent sales in Burbank →

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Sale history for this address is based on MLS-reported closed transactions provided through CRMLS. Information is deemed reliable but not guaranteed and should be independently verified. Nalren does not provide price estimates or valuations.

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