Active
706 E Verdugo Avenue
Burbank CA, 91501
$3,249,000
$710.16 per sqft
Active
11 Beds
10 Baths
4,575 sqft
Residential
Built in 1920
Listed by Albert Babayan with JohnHart Real Estate 818-469-9388
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.
GD24163946
MLSⓇ ID
August 8, 2024
Listed
August 30, 2024
Updated
Map
706 E Verdugo Avenue
Burbank CA, 91501
Interior Features
Total Stories
1
Bedrooms
11
Total Bathrooms
10
Full Bathrooms
10
Interior Features
Ceiling Fan(s), Recessed Lighting, Storage
Appliances
Dishwasher, Free-Standing Range, Gas Oven, Gas Range, Microwave
Laundry Description
Inside
Floor Description
Wood
Fireplace
Yes
Fireplace Description
Living Room
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
0.16 Acres
Lot Features
0-1 Unit/Acre, Front Yard, Lawn
Sewer
Public Sewer
School Information
School District
Burbank Unified
Other Property Details
Area Name
610 - Burbank
Days on Market
7
Garage
No
Parking
Tandem, Uncovered
Parking Total
4
View
No
View Description
None
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
BUR4*
Listing Contact: 818-246-1099
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 8/30/2024 at 7:27 PM UTC