4001 W Clark Avenue, Burbank, CA 91505

• Listed Price : $1,698,000
• Beds : N/A
  
• Baths : N/A
  
• Property Size : N/A sqft
  
• Year Built : 1947
  

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Property Description

Turnkey Burbank Duplex (R2 Zoning)! Prime residential investment property just blocks from film studios in Burbank. Single-story attached duplex with separate front porch entrances and separate utilities services. This meticulously maintained property was leveraged as a partial investment for the seller. All work major work was permitted. The addition was built in 2003 with a new roof added in 2021. The primary unit is a spacious 2-bed / 2-Bath home with spa-inspired master bath and private outdoor yard/living space. The secondary unit is an extremely functional 1-bed / 1-bath unit with a private outdoor patio. Both units have separate street-front porches. There is an attached 2-car garage. This special property is perfect for growing families looking for extra rental income, long-term investors (including 1031), or aging families needing on-site caretakers. The main unit features a cozy living room with gas/wood burning fireplace, custom built-in cabinets and natural hardwood floors. Entertain friends and family in the nicely updated kitchen with granite counters, stainless appliances, gas stove, and quality cabinets. Adjacent to the kitchen is the office nook and interior laundry closet that will accommodate side-by-side or stackable units. The dining room features french doors that lead into the private and spacious outdoor space with covered seating/dining area and yard. Relax and unwind in the spacious master suite with huge walk-in closet and spa-inspired bathroom. The bathroom features a massive walk-in shower with shower systems, clawfoot tub, custom tilework, and dual vanity. The secondary guest unit is fully updated and move-in ready. The front porch welcomes you into the living room that flows nicely through the breakfast nook and into the kitchen. This kitchen features fresh white cabinets, granite counters, and stainless appliances (gas stove). There is an in-unit stackable laundry closet and a massive walk-in bedroom closet. Both living units have separate tankless water heaters, separate heating/ac units, and separate electrical meters. Windows are dual pane Milgard brand. Estimated monthly rent value for the 1bedroom unit ranges $2,400-$2,600 per month. Estimated monthly rent value for the larger main unit ranges $4,600-$4,800.

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Interior Features

Listing Information

Listing information courtesy of: Matt Whitcomb, Coldwell Banker Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 28th, 2024 at 9:27 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.