Rare opportunity for investors, developers or savvy home buyers awaits in Burbank! Situated near Magnolia Park, this home sits on a 10,000+ square foot lot, with R3 zoning, offering plenty of room for expansion. Whether you are looking to create your dream multi-family home or maximize rental income, this property is full of potential. The main home is a 2-bedroom 1.5 bath house. Features include original hardwood floors, a step-down living room, nest thermostat, newer roof, plus central air and heat. There is a pantry and half bathroom off of the kitchen, which leads to an enclosed utility room/service porch. The expansive backyard has a covered porch for outdoor dining and includes a separate 1 bedroom 1 bath structure that needs to be re-imagined. There is a 2-car attached garage, with an additional storage room. The massive backyard has numerous fruit trees including lemon, plum, cherry and white guava, all anchored by a beautiful large avocado tree. There are 2 additional sheds, offering plenty of storge. The home will require some repairs, sweat equity and TLC, but the possibilities are vast; renovate, build new, or add an ADU and/or Junior ADU addition. This prime location is in the top-rated Burbank Unified school district, and is just minutes from downtown Burbank, Warner Bros. Studios, Disney, Griffith Park and the Smoke House, plus easy access to the 5 Freeway and the Burbank Airport.
Listing courtesy of Listing Agent: Elsa Kim (kimgec@aol.com) from Listing Office: Arroyo Seco Realty Corp..
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.