18063 Burbank Boulevard new

Encino,CA 91316

$ 1199000

5 Beds

4 Baths

0 SqFt


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

View More
Favorite Go Tour