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Open House Times
- Sat. Nov. 07 at 10:00am to 5:00pm
- Sun. Nov. 08 at 12:00am to 5:00pm
About the Listing X83386 - C144514
BURBANK'S OPPORTUNITY OF THE YEAR! FOUR RESIDENCES. ONE EXCEPTIONAL INVESTMENT. Discover a rare California gem featuring a distinctive, character-filled main residence with exquisite woodwork, stonework, and stained glass, a private pool, and three additional townhomes - all on one lot. The main residence is delivered vacant, while the three townhomes provide rental income, each with its own one-car garage and storage. The property also offers potential for future expansion or development, subject to zoning, permits, and approvals. Enjoy the best of Southern California living near the dining, shopping, boutiques, and entertainment of Downtown Burbank and Magnolia Park. Families will appreciate the great schools in the stellar Burbank Unified School District. LIVE IN YOUR OWN CALIFORNIA RETREAT WHILE YOUR INVESTMENT WORKS FOR YOU! Four residences, a gorgeous heated and filtered private pool, rental income, and exciting possibilities for future growth - all in one extraordinary property! Additional info to look into prior to viewing the property: the main residence was owner occupied, and it is delivered empty. The photos of the main residence show exactly what you see when you come in. The Airbnb market for this size and location is $1,500-$2,500 a night, while the current residential rental rate is $4,000-$4,500 a month. The three townhouses that are occupied have the same exact layout; that's why the listing has only photos of the main residence, and of one of the townhouses. To protect the privacy of the tenant, the pictures of the townhouse have all household items removed - yes, the space is that beautiful! The townhouses have skylight also. All 4 structures have newer dual pane windows, to maintain indoor stable temperatures for comfort and cost efficiency. The main residence is available for viewing at any time requested, as well as in open houses. The townhouses will be available for viewing for the accepted offer only. PLEASE NOTE: ALL CALCULATIONS, INFORMATION, AND CONTENT IN THIS LISTING SHOULD BE VERIFIED AND SHALL NOT BE DEEMED GUARANTEED.
Listing Highlights for 707 E Palm Ave
Interior Details
- Bedrooms: 8
- Bathrooms: 8 Full
- Appliances: Convection Oven, Gas/Electric Range, Microwave, Oven
- Air Cond: Wall/Window,Central,Electric
- Heating: Central,Electric
- Fireplaces: Gas and Wood
- Floor: Tile,Wood,Carpet
- Basement:
- Other: Tile,All Bedrooms Up,WalkInCloset,Detached/No Common Walls,Open Floor Plan,Storage Space,Quartz Counters,Counter Top,Stone Counters,Powder,Primary Bedroom,Walk-In Closet,Dining Area,Patio Open
- Water:
Exterior Details
- Lot Description: Fenced,Back Yard,Lawn,Alley Paved,Street Lighting,Street Paved,Lot-Level/Flat,Fenced Yard,Front Yard,Gutters,Yard,Sidewalks
- Garage Capacity: 5 car
- Parking Spaces: 5
- Lot Dimensions: 50 x 153
- Zoning: BUR3*
- Roof:
- Others:
- Sewer:
- Parking Features: Attached,Auto Driveway Gate,Garage - 4+ Car,Oversized,Driveway - Combination,Garage Is Attached,Private Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
707 E Palm Ave Burbank, CA 91501
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