707 E Palm Avenue, Burbank, CA 91501
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
707 E Palm Avenue,Burbank, CA 91501
$1,982,000
- 8 Beds
- - Baths
- 5,283 sq. ft.
- Multi-family
- Active
Listed by: zana zefi
Office: exp realty of greater los angeles
MLS#:CL26104648
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$1,982,000
- Price per sq. ft.:$375.17
About this home
BURBANK'S OPPORTUNITY OF THE YEAR! FOUR RESIDENCES. ONE EXCEPTIONAL INVESTMENT. Discover a rare California gem featuring a distinctive, character-filled main residence (house) with exquisite woodwork, stonework, stained glass, and a private pool, plus three additional townhomes 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! As a bonus to you, here some very helpful info for you to look into, and expand your knowledge of, prior to viewing the property: The main residence, which is a house, 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 the house of 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 only photos of the main residence, and of one of the townhouses are provided. To protect the privacy of the tenant, the pictures of the townhouse have all household items removed - yes, the space is that beautiful! All townhouses have skylight also. All the townhouses, as well as the main residence, have newer dual pane windows, to maintain indoor stable temperatures. 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....
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Home facts
- Year built:1964
- Listing ID #:CL26104648
- Added:4 day(s) ago
- Updated:October 31, 2026 at 07:50 PM
Rooms and interior
- Bedrooms:8
- Flooring:Carpet, Tile, Wood
- Living area:5,283 sq. ft.
Heating and cooling
- Cooling:Central Air, Wall/Window Unit(s)
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Year built:1964
- Building area:5,283 sq. ft.
- Lot area:0.18 Acres
- Lot Features:Back Yard, Front Yard
- Construction Materials:Brick, Glass, Stone, Wood Siding
- Exterior Features:Back Yard, Front Yard
Finances and disclosures
- Price:$1,982,000
- Price per sq. ft.:$375.17
Features and amenities
- Laundry features:Dryer, Laundry Room, Washer
Parking
- Parking description:Private
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