638 E San Jose Ave, Burbank, CA 91501

$1,199,000
5
BD
3
BA
1,949
SqFt

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List Price
$1,199,000
MLS#
26859529
Status
ACTIVE UNDER CONTRACT
Type
Multifamily
Bedrooms
5
Bathrooms
3
Living Area
1,949

Property Description

Rare Burbank Investment Opportunity: Two Detached Homes on a Street-to-Alley Lot Unlock tremendous potential with this unique value-add property located in the foothills of Burbank. Situated on a highly desirable street-to-alley lot, this duplex-style property features two detached legal buildings, separate gas and electric meters, and highly coveted R-4 High Density Residential Zoning. Whether you are looking to develop high-density housing, build a custom compound, or renovate and cash-flow, this fixer-upper is the blank canvas you have been waiting for. Property Highlights: Front Building: Spacious 3-bedroom, 2-bathroom layout built in 1927, brimming with character and ready for a modern revival. Rear Building: Separate 2-bedroom, 1-bathroom unit built between 19351949, offering excellent privacy and independent alley access. Delivered Vacant: No tenant complications. Ready for immediate construction, renovation, or development upon closing. Zoning Advantage: R-4 High Density Residential Zone opens the door for significant future development or expansion in a premium Burbank pocket. Utilities: Separate gas and electric meters are already in place, keeping utility management simple and straightforward. Disclosures Ready: Many inspections and reports are completed and available for review, allowing you to buy with clarity and confidence. Bring your contractors and your imagination. Properties with this level of versatility, zoning upside, and vacant possession rarely hit the Burbank market.

Additional Information

Year Built
1927
View
None
Garage
Detached, Garage - 2 Car, Driveway

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Calculator source: Real Geeks

Courtesy of Re/Max Tri-City, Cherryl Weaver.

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