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706 E Verdugo Ave
For Sale $3,199,000 ($699.23 per Sq Ft)
$3,199,000 ($699.23 per Sq Ft)
- 11 Bedrooms
- 10 Bathrooms
- 4,575 Sq Ft
- 7,185 Sq Ft
Description
Nestled in a highly desirable Burbank neighborhood, this rare investment opportunity features a front single-family home plus 4 additional ADUs, ideal for generating steady income. The main home offers 3 bedrooms, 2 bathrooms, and 1,251 square feet of living space, recently upgraded with modern touches such as wood flooring, recessed lighting, central AC and heating, and generous storage. The ADUs, each ranging from 802 to 860 square feet, are thoughtfully designed with 2 bedrooms, 2 bathrooms, in-unit laundry, and new appliances. To ensure low maintenance costs, all units are equipped with separate meters, including water sub-meters. Solar panels have been installed for the ADUs, with two units also featuring carport parking. Fully rented and income-producing, the property offers a total of 4,575 square feet of living space on a 7,183-square-foot lot with plenty of room to potentially build a two-car carport in front of the house. Located just a short distance from Kenneth Road, this property is a prime investment opportunity for those seeking a lucrative asset in a top-tier location.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $3,199,000 |
| Property Type | Single Family Homes |
| Usable Sqft | 4,575 |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1920 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 2455008017 |
| MLS # | GD24163946 |
| Property ID | 320747326 |
| Lot Sqft | 7,185 |
| Zoning | BUR4* |
| Total Units | 6 |
| Days on Market | 119 |
| Original List Price | $3,249,000 |
| Applicances | Dishwasher,Free-Standing Range,Gas Oven,Gas Range,Microwave% |
| Date Updated | October 24, 2024 |
| Date Created | July 26, 2024 |
Listing Provided By
Albert Babayan an agent of JohnHart Real Estate. Lic #01012033
© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of October 24, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT