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Listed by Joyce Starleaf • Equity Union
$ 2,449,000
Est. payment | /mo
7 Beds
7 Baths
3,607 SqFt
$ 2,449,000
Est. payment | /mo
7 Beds
7 Baths
3,607 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,607 sqft
Price per Sqft $678
MLS Listing ID BB-25135858
Bedrooms 7
Full Baths 7
Year Built 1925
Lot Size 6,658 Sqft
Property Sub-Type Single Family Residence
Property Description
In the heart of Burbank's ever so popular Magnolia Park, the unveiling of this brand new SB9 building marks a monumental leap forward in urban development. Designed with a blend of innovative architecture, sustainability and efficient use of space, this structure exemplifies the evolving needs of the community. Where traditional homes meet contemporary style, a once dated front house has been redesigned and paired with three newly constructed units. The redesigned house with its charming covered front porch, features 3 bedrooms and 1 3/4 bathrooms, an open living space with pitched ceilings and custom kitchen with stainless steel appliances. The one-bedroom unit features ten-foot ceilings and is attached to the back of the front house but has a separate entrance. It features a full bathroom and custom two-toned kitchen cabinetry with quartz stone cabinetry. The back two story structure are two brand new identical 2 bedroom, 2 bath units. The ten-foot ceilings are featured throughout with an abundance of kitchen cabinetry and quartz counters. The upstairs unit offer outdoor living with a generous sized balcony. The downstairs unit has a private patio which would be ideal for entertaining and a BBQ. These two units are newly built and therefore have completely paid for solar panels. All units feature tankless water heaters, and the generous sized driveway has rooms for 6 cars. This new development provides an ideal combination of classic charm, advanced design, and multi-generational living potential making it a perfect addition to any real estate portfolio. Projected rental income on these vacant structures could potentially be $14,000 a month.
Location
State CA
County Los Angeles
Area 610 - Burbank
Zoning BUR1YY
Interior
Cooling Central Air
Fireplaces Type None
Laundry Dryer Included, In Closet, Inside, Washer Included
Exterior
Pool None
Community Features Curbs, Gutters, Sidewalks, Street Lights
View Y/N Yes
Building
Lot Description Front Yard, Level, Lot 6500-9999, Rectangular Lot
Sewer Public Sewer
Others
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Marissa Buss & Danny Lampert
Lic# 01770909 | 01834114