First time on the market in 40 years! An exceptional opportunity in one of Burbanks most desirable hillside neighborhoods, just above Glenoaks Blvd. Situated on a quiet, pride-of-ownership street, this property offers a rare combination of immediate income potential and long-term upside. The property features a 3 bed, 1 bath main home plus a fully separate, move-in ready 1 bed, 1 bath guest house, remodeled in 2022. The guest house is thoughtfully updated with vinyl flooring, porcelain countertops, a kitchenette with ample cabinet space and a refrigerator, a comfortable living area, walk-in closet, and dinette space. This guest house is ideal for rental income, extended family, or living on-site while enhancing the main residence. The main home is fully livable and offers solid fundamentals, including a remodeled bathroom (2022), plantation like shutters, a fireplace, and real hardwood flooring in the kitchen. There is also believed to be hardwood flooring beneath the existing carpet, offering additional potential. A dedicated laundry room includes an additional toilet and sink, and a bonus enclosed room with slate flooring and several large windows. This room has tons of light and provides flexible space for a variety of uses. The third bedroom can easily function as a den or home office. While the home could benefit from updates, it presents a great opportunity to personalize over time. Outdoor features include covered patios in both the front and backyard, a detached two-car garage w a work bench and ample cabinetry, low-maintenance front and rear yards with turf, comple
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
3
County Or Parish:
Los Angeles
Total Building Area:
0 sq. ft.0 m2
Total Floor Area:
0 sq. ft.0 m2
Total Bedrooms:
3
Bathrooms:
2
Half Bathrooms:
0
Stories:
1 Story
Total Stories:
1
Year Built:
0
Age (in years):
2,026 year(s)2,026 year(s)
Home Owner Fees:
$0
Mello Roos Fee:
$291
Mello Roos Fee Frequency:
Year
Monthly Total Fees:
$24
Terms:
Cash, Conventional, FHA
Cap Rate.:
5.91
Gross scheduled income:
90000.0
Operating expense:
22620.0
Number of Units:
1
Number of Units with Cooling:
1
Tenant pays:
Cable TV
Unit Number for Unit 1:
1
Glenoaks Blvd to Lamer St. Cross streets are Tulare and Kenneth Rd.
Data was last updated May 4, 2026 at 07:10 AM (UTC)
Area Statistics
Listings on market:
26
Avg list price:
$1,250,000
Min list price:
$1,050,000
Max list price:
$2,750,000
Avg days on market:
44
Min days on market:
1
Max days on market:
313
These statistics are generated based on the current listing's property type
and located in
Burbank. Average values are
derived using median calculations. This data is not produced by
the MLS® system.