$3,199,000
For Sale

706 E Verdugo Avenue

Burbank, CA 91501
4575 sqft | 11 beds | 10 baths | 0.16 acres | #GD24163946
Listing OfficeJohnHart Real Estate
Browse 74 photos
Type:Purchase
Structure:House
Zone:Residential

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.

  • Interior Details
      • InteriorCeilingFans, RecessedLighting, Storage
    • Beds & Baths
      • Bedrooms11
      • Bathrooms10
      • Full Baths10
  • Property Details
      • Lot DescriptionZeroToOneUnitAcre, FrontYard, Lawn
      • Stories1
    • Measurements
      • Acres0.1649
      • Square Feet4575
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1920
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • School DistrictBurbank Unified
      • CountyLos Angeles
  • Financial Details
      • Original List Price$3,249,000
  • Other
      • MLS #GD24163946

Location

Joshua HenryBerkshire Hathaway Home Services California Properties
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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