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Terri Fox

sold@terrifox.com +1(760) 585-8860

$ 3,199,000

Est. payment -/mo

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Active

706 E Verdugo AVE Burbank, CA 91501

11 Beds

10 Baths

7,183 Sqft Lot

UPDATED:

10/24/2024 09:47 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD24163946

Bedrooms 11

Full Baths 10

HOA Y/N No

Year Built 1920

Lot Size 7,183 Sqft

Acres 0.1649

Property Description

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.

Location

State CA

County Los Angeles

Area 610 - Burbank

Zoning BUR4*

Rooms

Main Level Bedrooms 3

Ensuite Laundry Inside

Interior

Interior Features Ceiling Fan(s), Recessed Lighting, Storage

Laundry Location Inside

Cooling Central Air

Flooring Wood

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, Free-Standing Range, Gas Oven, Gas Range, Microwave

Laundry Inside

Exterior

Garage Tandem, Uncovered

Pool None

Community Features Suburban

View Y/N No

View None

Porch Patio

Parking Type Tandem, Uncovered

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Front Yard, Lawn

Dwelling Type House

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Burbank Unified

Others

Senior Community No

Tax ID 2455008017

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

Listed by Albert Babayan • JohnHart Real Estate • 818-469-9388

Terri Fox

Agent | License ID: 01110385

+1(760) 585-8860

Terri Fox

706 E Verdugo AVE Burbank, CA 91501

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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706 E Verdugo AVE