Listing Agent:      Broker/Office:
1023 Elmwood Avenue E Burbank CA 91501
$ 1,375,000
  2   |    1   |    1027 Sq Feet

Listing ID

#P1-25581

Status

Active

Property Type

Single Family Residence

County

Los Angeles

Year Built

1936

Days on website

3

Description
An extraordinary opportunity begins with the land. Set on a rare and expansive 9,445 sq. ft. completely flat and fully usable lot in the coveted Burbank Hills, this property is a rare find in such a stunning location, offering exceptional space, privacy, and endless potential.The existing 2-bedroom, 1-bathroom home features a functional floor plan, a spacious living room, and good sized bedrooms, providing a comfortable foundation to enjoy now or enhance over time. However, the true value lies in the possibilities: this is an ideal canvas for those ready to put their vision into action and create a multi-story, custom dream home that fully capitalizes on the generous lot size and prime hillside setting.The property also includes a detached recreational structure, offering endless flexibility for a guest retreat, studio, gym, office space or a great opportunity to build an Accessory Dwelling Unit (ADU) - an additional source of rental income.Situated in a great neighborhood and surrounded by a peaceful, picturesque atmosphere, the property feels far away from the city's busy streets, yet remains just minutes from Burbank's finest restaurants, cafes, movie theaters, bars, shopping, malls, and top-rated schools.This is more than a home; it is a rare land opportunity, a blank canvas, with a chance to build something truly remarkable, or a lifestyle with a potential rental income in one of Burbank's most desirable neighborhoods.
Location
Financial Information
List Price:  $ 1375000
Property Features
Appliances:  Dishwasher, Microwave, Refrigerator
Community Features:  Biking, Curbs
Fencing:  Block, Wire
Heating:  Central
Laundry Features:  Inside
Levels:  One
Parking Features:  Driveway
Patio And Porch Features:  Porch
Senior Community YN:  false
Structure Type:  House
Water Source:  Public
Senior Community YN:  false
City:  Burbank