
Burbank, California 91505
This High-Potential Investment Opportunity is listed at $2,200,000, positioned slightly above the $2,143,356 Fair Market Value. Featuring a Mint Condition Rating, this rare three-unit property includes a fully renovated main house, a new 1,000 sq. ft. SB9 residence, and a 1,000 sq. ft. ADU. With modern finishes and high-end energy-efficient construction, the asset provides immediate rental income potential in a prime Burbank location. This versatile property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through multi-unit revenue.
Property is new construction or fully renovated.
The property consists of a fully renovated main house and two brand-new 1,000 sq. ft. residences (SB9 and ADU). All units feature modern kitchens with stainless steel appliances, updated bathrooms, recessed lighting, and new flooring. Given the recent construction of the additional units and the high-end, contemporary renovation of the original structure, the property is in mint condition with no maintenance required.
The property features a rare three-unit configuration, including a main house, a newly built 1,000 sq. ft. SB9 residence, and a 1,000 sq. ft. ADU, offering significant rental revenue or multi-generational flexibility.
The additional residences showcase contemporary architecture, quality craftsmanship, and energy-efficient features, providing high-end, move-in-ready living spaces that maximize the lot's utility.
Situated in a highly desirable neighborhood near major film studios, award-winning schools, and entertainment hubs, the property is positioned in a high-demand area for both owners and tenants.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3694, other record living area = 1694.
With three units totaling nearly 3,700 sq. ft. on a 6,364 sq. ft. lot, the building-to-land ratio is high, which significantly limits private outdoor yard space and may impact perceived privacy.
The property lacks any significant views, which may be a drawback for buyers seeking the aesthetic appeal or hillside vistas often associated with premium-priced Southern California real estate.
Exceptional opportunity to own a beautifully upgraded and thoughtfully designed property in one of Burbank's most desirable neighborhoods. This rare offering combines modern living, exceptional income potential, and future flexibility all on one lot. The front residence has been tastefully updated and offers an inviting open floor plan filled with natural light, spacious living areas, an upgraded kitchen with quality finishes, generous bedrooms, stylish bathrooms, and seamless indoor-outdoor living. Every detail has been carefully considered to provide both comfort and functionality. What truly sets this property apart is its incredible development potential that has already been realized. In addition to the main residence, the property features a newly constructed 1,000 sq. ft. SB9 residence and a 1,000 sq. ft. ADU, creating an outstanding three-unit property with tremendous versatility. Whether you're looking to live in one unit while generating rental income from the other two, accommodate extended family, or build long-term wealth through real estate, this property offers a unique opportunity rarely available in today's market. The newly built residences showcase contemporary architecture, quality craftsmanship, energy-efficient features, and thoughtfully designed floor plans that complement the original home while maximizing privacy. Located in the heart of Burbank, you'll enjoy close proximity to award-winning schools, major studios, shopping, dining, parks, entertainment, and convenient freeway access. Properties offering this combination of owner occupancy, strong income potential, and newly constructed additional residences are exceptionally rare. Live in one. Rent the other two. Build equity while your investment helps pay your mortgage. This is California real estate at its best.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 3,694 | 1,708 |
| Lot Size | 6,364 | 6,504 |
| Price | $2.20M | $1.31M |
| Price per sq ft | $596 | $856 |
| Built year | 1949 | 1947 |
| HOA | $0 | $0 |
| Days on market | 22 | 50 |
Jun 30, 2026
$2,200,000
Initial Listing
Sep 30, 2024
$1,250,000
Public Record
Apr 24, 2024
$1,000,000
Public Record