18063 Burbank Boulevard, Encino, California 91316, Encino, 91316 - 4 bed, 3 bath

18063 Burbank Boulevard, Encino, California 91316 home-pic-0
ACTIVE$1,199,999
18063 Burbank Boulevard, Encino, California 91316
4Beds
3Baths
2,498Sqft
6,649Lot
Year Built
1949
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$480
HOA
-
Days on market
-
Sold On
-
MLS number
SR25165924
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.20M(33th), sqft - 2498(59th), beds - 4(50th), baths - 3(50th).

Welcome to a home that offers both comfort and possibility in the heart of Encino Park. This lovingly updated 4-bedroom, 2.5-bathroom residence features nearly 2,500 square feet of inviting living space on an oversized lot—over 1,000 sq ft larger than most in the neighborhood. From the moment you step inside, you’ll feel the warmth of its bright, open layout, complemented by brand-new flooring and thoughtful touches throughout. The main living area includes 3 generously sized bedrooms and 1.5 baths, along with a spacious, light-filled family room centered around a classic brick fireplace—perfect for cozy evenings. The kitchen, with its cheerful breakfast nook, is ideal for casual mornings or catching up over coffee. There’s even space to convert the powder room into a full second bath, offering flexibility to grow with your needs. Separate living quarters with its own exterior entrance provide the perfect retreat—whether you're looking for private guest accommodations, multigenerational living, or a peaceful work-from-home setup, this versatile space adapts to your lifestyle. Whether you’re seeking a spacious single-family home, a multigenerational layout, or an income-producing opportunity, this property is uniquely positioned to deliver. Plans have already been submitted to the city to reconfigure the layout into three separate units—with the potential to add a fourth by converting the existing carport—all without expanding the home’s current footprint. With the ability to easily divide the main residence from the additional units, you can begin generating rental income right away. With tasteful upgrades throughout, a brand-new roof installed in 2024, SB9, ADU potential and thoughtful planning for long-term value, this one-of-a-kind property is a must-see for anyone looking to live, invest, or both in the heart of Encino.

Condition Rating
Fair

The property was built in 1949 but has been updated with new flooring and a new roof in 2024. The kitchen appears functional but not recently renovated. The bathrooms are not clearly visible in the images, but the description suggests they may need updating. Overall, the property seems maintained but not fully renovated, placing it in the 'Fair' condition category.
Pros & Cons

Pros

SB9 and ADU Potential: The property has significant potential for development under SB9 and ADU regulations, offering opportunities to increase the property's value and income potential.
Large Lot Size: The oversized lot, larger than most in the neighborhood, provides ample outdoor space and potential for expansion or landscaping.
Separate Living Quarters: The separate living quarters with its own entrance offers versatility for guest accommodations, multigenerational living, or a home office.
New Roof: A brand-new roof installed in 2024 provides peace of mind and reduces immediate maintenance costs.
Development Plans Submitted: Plans have been submitted to the city to reconfigure the layout into multiple units, streamlining the process for potential investors.

Cons

Year Built: Built in 1949, the property may require updates to meet modern standards and preferences.
Potential Renovation Costs: While updated, potential buyers should be prepared for possible renovation costs associated with an older home.
Carport: The property only has a carport, which may not be as desirable as a fully enclosed garage for some buyers.

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