Est. cap rate

3.6%

Assumed rent, all units

$6,260/mo

Units

2

Price per unit

$524,500

Est. annual NOI

$37,560

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

2

Building size

1,248 sqft

Lot size

5,818 sqft

Year built

1941

Stories

1

Garage spaces

2

Heating

Electric,Ductless,High Efficiency,ENERGY STAR Qualified Equipment

Cooling

Electric,Ductless,High Efficiency,SEER Rated 16+,ENERGY STAR Qualified Equipment

Pool

None

View

None

Status

Active

Days on market

16

MLS #

249219599

About this property

A rare opportunity in a highly desirable part of Burbank, this charming property offers the unique potential to restore it to its original legal duplex configuration, creating two approximately 625-square-foot, 1-bedroom, 1-bathroom units. Currently utilized as a single-family residence, the property retains many of the features that make the conversion particularly appealing, including separate utility submeters and existing kitchen plumbing that remains intact and can be readily reinstalled. The home retains the character and craftsmanship of a classic Burbank property, with beautiful hardwood floors, original bathroom tilework, and other thoughtfully preserved original elements complemented by modern updates. Each potential unit offers a comfortable and functional footprint, making this an attractive opportunity for an owner-user, multi-generational living arrangement, or investor seeking two separate units. Outside, a private backyard with a covered patio provides valuable outdoor space, while a detached garage and two additional storage units tucked neatly into the rear corners offer excellent storage and utility. The detached garage may also present an opportunity for an ADU, subject to applicable zoning and permitting requirements, potentially creating an additional source of rental income. With its desirable Burbank location, preserved original features, existing utility infrastructure, and potential to return to a two-unit configuration, this property presents a distinctive opportunity to create two charming 1-bedroom residences, with the added potential for an ADU and additional income.

Location

1320 N Kenwood

Burbank, Los Angeles, CA, 91505