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Nestled in a highly desirable Burbank neighborhood, this rare investment opportunity features a front single-family home plus 4 additional ADUs, ideal for generating steady income. The main home offers 3 bedrooms, 2 bathrooms, and 1,251 square feet of living space, recently upgraded with modern touches such as wood flooring, recessed lighting, central AC and heating, and generous storage. The ADUs, each ranging from 802 to 860 square feet, are thoughtfully designed with 2 bedrooms, 2 bathrooms, in-unit laundry, and new appliances. To ensure low maintenance costs, all units are equipped with separate meters, including water sub-meters. Solar panels have been installed for the ADUs, with two units also featuring carport parking. Fully rented and income-producing, the property offers a total of 4,575 square feet of living space on a 7,183-square-foot lot with plenty of room to potentially build a two-car carport in front of the house. Located just a short distance from Kenneth Road, this property is a prime investment opportunity for those seeking a lucrative asset in a top-tier location.
Last Updated | 9/17/2024 | Year Built | 1920 |
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Community | Burbank | County | Los Angeles |
Price History
Prior to Sep 17, '24 | $3,249,000 |
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Sep 17, '24 - Today | $3,199,000 |
Additional Details
AIR | Central Air |
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AIR CONDITIONING | Yes |
AREA | Burbank |
GARAGE | Tandem, Uncovered |
HEAT | Central |
LOT | 7185 sq ft |
LOT DESCRIPTION | 0-1 Unit/Acre |
PARKING | Tandem,Uncovered |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 1 |
WATER | Public |
ZONING | BUR4* |
Location
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