$3,199,000
Active
48 Days Online
0 Beds0 Baths4,575 SQFT
Active

706 E Verdugo Avenue Burbank, CA 91501

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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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site48 Days
  • MLS StatusActive
  • MLS ID NumberGD24164104
  • Home Size Source N/A
  • Year Built1920
  • Lot Size0.1649 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Tandem Uncovered
  • Parking Spaces 0
  • Sewer Public Sewer
  • Number of Stories 11
  • Acreage 0.1649
  • Water Public
  • Property Sub Type Apartment
  • Garage Spaces 0
  • Zoning BUR4*
  • Listing Conditions Standard

Interior Features

  • Cooling Central Air
  • Heating Central
  • Flooring Laminate
  • Fireplace Features None
  • Laundry Features Inside
  • Fireplace No

Exterior Features

  • Pool Features None
  • Lot 0-1 Unit/ Acre

Community Features

  • Community Features Suburban
  • Senior Community No
  • MLS Area 610 - Burbank

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Monthly Payment (Est.)

$15,542
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