OPEN HOUSE
Sun Jun 22, 2:00pm - 5:00pm
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Key Details
Property Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 3,607 sqft
Price per Sqft $678
MLS Listing ID BB25135858
Style All Other Attached
Bedrooms 7
Full Baths 7
HOA Y/N No
Year Built 1925
Lot Size 6,658 Sqft
Acres 0.1528
Type of Financing Cash To New Loan
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 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 Burbank (91506)
Zoning BUR1YY
Interior
Cooling Central Forced Air
Equipment Dryer, Washer
Appliance Dryer, Washer
Laundry Closet Full Sized, Inside
Air Conditioning Central Forced Air
Exterior
View Neighborhood
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Sewer Public Sewer
Water Public
Level or Stories 2 Story
Others
Monthly Total Fees $448
Miscellaneous Gutters
Acceptable Financing Cash To New Loan
Listing Terms Cash To New Loan
Special Listing Condition Standard
Virtual Tour https://www.542nkeystonest.com/unbranded
CFD/Mello-Roos Fee $5, 380

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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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