706 E Verdugo Avenue, Burbank, CA 91501

  • $3,249,000
  • $710
706 E Verdugo Avenue, Burbank, CA 91501
For Sale
706 E Verdugo Avenue, Burbank, CA 91501
  • $3,249,000
  • $710

Overview

Property ID: SGR-33731069
  • Residential Income
  • Property Type
  • 0.00
  • Garage
  • 1920
  • Year Built

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.

  • Address 706 E Verdugo Avenue
  • City Burbank
  • State/county CA
  • Zip/Postal Code 91501
  • Area 610 - Burbank
  • Country United States

Details

Updated on September 9, 2024 at 8:19 pm
  • Property ID: SGR-33731069
  • Price: $3,249,000
  • Land Area: 7185.00 m²
  • Garage: 0.00
  • Year Built: 1920
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 4575.00
  • MLS#: GD24164104
  • Office Name: JOHNHART REAL ESTATE
  • Agent Name: Albert Babayan
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Co-Office Name: JohnHart Real Estate
  • Co-Agent Name: Roubina Zargarian
  • Agent State License: 01012033
  • Co-Agent State License: 01235023
  • IDX Contact Info: 818-469-9388

Additional details

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Laminate
  • County: Los Angeles
  • Property SubType: Apartment
  • Parking: 0.00
  • Water Source: Public

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