See all 54 photos
$1,199,000
Est. payment /mo
5 Beds
4 Baths
New
18063 Burbank Boulevard Encino, CA 91316
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25167331
Bedrooms 5
Property Sub-Type Res Income 2-4 Units
Property Description
Incredible SB9 Investment Opportunity in Encino Park! Plans have already been submitted to the city to transform this remodeled property into a 3-unit income-producing assetall within the existing square footage, so no new construction is needed to get started. Located on a prime corner lot, this spacious 4-bedroom, 2.5-bathroom home offers approximately 2,500 square feet of living space and exceptional privacy, making it perfect for a multi-unit setup or multigenerational household. The submitted plans propose creating a 2-bedroom ADU on the back left side of the home and a studio unit on the right, while configuring the main residence as a 3-bedroom, 1-bathroom unit with plans to add a second bathroom and in-unit laundry. Whether youre looking for a spacious home with incredible value or an investment property with built-in income potential, this opportunity offers both. Even more exciting, once the two units are established, an additional unit can be added in place of the existing carport, allowing for the creation of a rare 4-unit property in the heart of desirable Encino Park. Ample parking with 3 off street spaces behind the home and 1 on the side in addition to street parking.
Location
State CA
County Los Angeles
Zoning Assessor
Direction On Burbank, East of Lindley
Interior
Cooling Central Forced Air
Fireplace No
Exterior
Utilities Available Sewer Connected
View Y/N No
Roof Type Composition
Building
Story 1
Level or Stories 1
Others
Tax ID 2159007016

Listed by Tamara Tambe Pinnacle Estate Properties, Inc.