719 Orange Grove Avenue
Glendale, CA 91205

  • – beds
  • – baths
  • – sqft
  • 13,499 sqft lot
  • 1988 build
  • on site

719 Orange Grove is a courtyard-style complex located 0.7 miles from The Americana and features a majority of 2-bdrm. and 2 bath units. Located just north of Glendale Ave. and Colorado St, 719 Orange Grove is 0.5 miles from the Glendale Fashion Center, and 0.7 miles from The Americana and the Glendale Galleria. The property is near a vibrant downtown district that is the perfect destination for living, working, and playing. Built in 1988, the property features an enticing unit mix of (12) 2-bdrm. and 2-bath units, (2) 1-bdrm. units, and a non-conforming studio unit. Most units feature wood-laminate flooring, stainless-steel appliances, central air conditioning, and private balconies. Property amenities include controlled access, secured covered parking, and a community laundry room. Please note that the City of Glendale currently allows an 8.8% annual rental increase (5% + CPI). The property offers approx. 30% rental upside compared to renovated units in the area. The property will stabilize at a 6.26% CAP and 11.64 GRM at the list price. Located near notable employers (KABC-7, Adventist Health Glendale Hospital and Walt Disney Animation) and blocks from Downtown Glendale, 719 Orange Grove is an ideal value-add property in the heart of a family-focused community.

California Regional MLS logo Listed By CRMLS_CA / Kenny Stevens / Compass

Last checked: Checking… • Last updated Apr 30, 2024 •

MLS# 24383021 —

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Sale history

Date Event Source Price % Change
4/22/24
Listed / Active CRMLS_CA $5,600,000
12/19/22
Listed / Active CRMLS_CA

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Compass

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This multifamily located in Citrus Grove, Glendale, CA 91205 is currently for sale for $5,600,000. 719 Orange Grove Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 11 days. 719 Orange Grove Avenue is in the Citrus Grove neighborhood of Glendale and has a WalkScore® of 96, making it a walker’s paradise. This multifamily is in the attendance area of John Marshall Elementary School, Glendale Senior High School, and Woodrow Wilson Middle School.

California Regional MLS logo Listing Courtesy of: CRMLS_CA and Compass. Based on information from California Regional Multiple Listing Service, Inc. as of 13:59 on May 03.

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