706 E Verdugo Avenue, Burbank, CA 91501
- $3,249,000
- $710
- $3,249,000
- $710
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
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Address: 706 E Verdugo Avenue
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City: Burbank
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State/county: CA
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Zip/Postal Code: 91501
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Area: 610 - Burbank
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Country: United States
Details
Updated on September 9, 2024 at 8:19 pm-
Property ID SGR-33731069
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Price $3,249,000
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Land Area 7185.00 m²
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Garage 0.00
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Year Built 1920
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Property Type Residential Income
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Property Status For Sale
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Living Area 4575.00
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MLS# GD24164104
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Office Name JOHNHART REAL ESTATE
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Agent Name Albert Babayan
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MLS Status Active
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Living Area Prefix Sqft
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Co-Office Name JohnHart Real Estate
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Co-Agent Name Roubina Zargarian
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Agent State License 01012033
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Co-Agent State License 01235023
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IDX Contact Info 818-469-9388
Additional details
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Sewer Public Sewer
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Cooling Central Air
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Heating Central
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Flooring Laminate
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County Los Angeles
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Property SubType Apartment
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Parking 0.00
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Water Source Public
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