222 N Screenland Drive, Burbank, California 91505, Burbank, 91505 - bed, bath

222 N Screenland Drive, Burbank, California 91505 home-pic-0
ACTIVE$1,325,000
222 N Screenland Drive, Burbank, California 91505
0Bed
0Bath
2,120Sqft
6,325Lot
Year Built
1947
Close
-
List price
$1.32M
Original List price
$1.32M
Price/Sqft
$625
HOA
-
Days on market
-
Sold On
-
MLS number
GD25134828
Home ConditionFair
Features
Good View: Peek-A-Boo
ViewPeek-A-Boo

About this home

We found 3 Cons,5 Pros. Rank: price - $1.32M(60th), sqft - 2120(50th), beds - undefined(50th), baths - undefined(50th).

Welcome to 222 N Screenland Drive – A Trophy Triplex. Three Beautiful Burbank Bungalows nestled near Warner Bros. Ranch. This stunning triplex presents a unique opportunity for investors, owner-occupants, or multi-generational buyers seeking strong rental income, long-term upside, and an incredible location with high rental demand. Each of the three spacious 1-bedroom, 1-bathroom units features a thoughtfully designed layout, with large Living Areas, Full Eat-in Kitchens, Original Refinished Hardwood Floors, ample Storage, and spacious Closets. Each unit features a Built-in Vanity so that your residents are ready for their close-up, or TikTok. Additional highlights include dual entrances per unit and laundry rooms with washer & dryers in each bungalow. Other property features include: Strong Cash-Flow High Rental Demand Property Three Private Garages Potential for 1 and maybe 2 ADU additions (buyer to verify with the govt agencies and conduct their own investigations) Lush Outdoor Space Individual Gas and Electric meters Located in the Award-Winning Burbank School District Access to Burbank’s renowned City Services Two of the residences share only one wall, while the third is a detached, freestanding unit with serene Views. Two units feature original (non-functioning) Fireplaces that add a touch of home and hearth. A Walk Score of 87 Extra Storage rooms that could be monetized This triplex is conveniently located near Toluca Lake, Disney, Whole Foods, Warner Bros, and Universal. Close to the former Warner Bros. Ranch, which is now called Ranch Lot, featuring 16 soundstages fully leased by Warner Bros. and 326,000 square feet of Frank Gehry-designed office space. Ranch Lot, imagined by Gensler, is the largest studio development in the United States, which will further enhance the value of this triplex. With excellent long-term tenants in place, this high-performing triplex is priced to move and presents multiple strategies for growth, ROI, and value-added opportunity. Please do not walk the property or disturb occupants.

Condition Rating
Fair

The property was built in 1947. While the listing mentions refinished hardwood floors, the kitchens and bathrooms appear original and outdated. The appliances are older, and the overall style reflects the era of construction. The units seem maintained, but require updates to meet modern standards. The presence of window AC units also suggests an older cooling system.
Pros & Cons

Pros

Strong Rental Income: The property is a triplex with three 1-bedroom, 1-bathroom units, offering a strong cash flow and potential for high rental income.
High Rental Demand Location: Located in Burbank near Warner Bros. Ranch, Disney, Whole Foods, Warner Bros, and Universal, the property benefits from high rental demand.
Potential for ADU Addition: There is potential for adding one or two ADUs (buyer to verify), which could significantly increase rental income and property value.
Individual Utilities: Each unit has individual gas and electric meters, simplifying utility management and billing for tenants and owners.
Excellent School District & City Services: Located in the award-winning Burbank School District with access to Burbank's renowned city services, making it attractive to families and tenants.

Cons

Original Fireplaces Non-Functioning: Two units feature original fireplaces that are non-functioning, which may require repair or renovation to be usable.
Tenant Occupied: The property is currently tenant-occupied, which may limit immediate changes or renovations and requires respecting tenant rights during showings.
Age of Property: Built in 1947, the property may require ongoing maintenance and potential upgrades to meet modern standards and tenant expectations.

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