Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

4

Building size

5,283 sqft

Lot size

7,650 sqft

Year built

1964

Stories

2

Garage spaces

5

Heating

Electric,Central

Cooling

Electric,Central Air,Wall/Window Unit(s)

Pool

Fenced

Status

Active

Days on market

0

MLS #

248965105

About this property

BURBANK'S OPPORTUNITY OF THE YEAR! FOUR RESIDENCES. ONE EXCEPTIONAL INVESTMENT. Discover a rare California gem featuring a distinctive, character-filled main residence (house) with exquisite woodwork, stonework, stained glass, and a private pool, plus three additional townhomes on one lot. The main residence is delivered vacant, while the three townhomes provide rental income, each with its own one-car garage and storage. The property also offers potential for future expansion or development, subject to zoning, permits, and approvals. Enjoy the best of Southern California living near the dining, shopping, boutiques, and entertainment of Downtown Burbank and Magnolia Park. Families will appreciate the great schools in the stellar Burbank Unified School District. LIVE IN YOUR OWN CALIFORNIA RETREAT WHILE YOUR INVESTMENT WORKS FOR YOU! Four residences, a gorgeous heated and filtered private pool, rental income, and exciting possibilities for future growth - all in one extraordinary property! CALL NOW TO SCHEDULE YOUR PRIVATE TOUR!

Location

707 E Palm Avenue

Burbank, Los Angeles, CA, 91501