316 N Kenwood ST, Burbank, CA 91505
$1,400,000
$1,399,000
0.1%
Est.Price: ?

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3 BD
2 BA
1,401 SqFt

316 N Kenwood ST Burbank, CA 91505

Est. payment /mo
SOLD DATE : 09/08/2023

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Key Details

Sold Price $1,400,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,401 sqft

Price per Sqft $999

MLS Listing ID SR23131770

Sold Date 09/08/23

Bedrooms 3

Full Baths 2

Construction Status Building Permit,Repairs Cosmetic

HOA Y/N No

Year Built 1949

Lot Size 6,507 Sqft

Lot Dimensions Public Records

Property Sub-Type Duplex

Property Description

Welcome to this fantastic investment opportunity in the highly sought-after area of Burbank, adjacent to Toluca Lake. Situated in the prime area of Burbank, the property benefits from its great location, its picturesque views and serene atmosphere. The neighborhood offers an array of dining, shopping, and entertainment options, creating a vibrant and convenient lifestyle. This beautifully updated duplex, is situated on a generous 6,506 square feet R3-zoned lot, offers versatility and potential for the savvy investor or owner user. The property consists of two separate units, providing the perfect setup for either living in one unit, and renting out the other or generating rental income from both. Front unit has 1 bedroom, 1-bathroom unit. Back unit has a larger unit boasting 2 bedrooms, 1 bathroom, and an additional den, offering flexibility for various living arrangements or potential use as a home office or entertainment space. The detached 2-car garage provides convenient parking and storage options. There is a dedicated laundry room, adding to the property's desirability for prospective tenants. Both units have undergone recent updates, featuring contemporary finishes, upgraded fixtures, and a fresh, inviting ambiance. There's potential for expansion with its BUR3 zoning and ample lot size. There's an exciting opportunity to explore value-added options, such as expanding the property to accommodate more units for increased rental income or future development. Whether you're a smart investor seeking passive income or an end-user looking for a strategic living arrangement, this Burbank duplex presents a compelling opportunity. Don't miss out on this chance to secure a piece of prime real estate in one of Burbank's most desirable locations.

Location

State CA

County Los Angeles

Area 610 - Burbank

Zoning BUR3*

Rooms

Main Level Bedrooms 3

Interior

Interior Features Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Unfurnished, All Bedrooms Down

Cooling Electric, Gas, Wall/Window Unit(s)

Flooring Laminate

Fireplaces Type None

Fireplace No

Appliance 6 Burner Stove, Gas Oven, Gas Range

Laundry Laundry Room

Exterior

Exterior Feature Rain Gutters

Parking Features Detached Carport, Driveway, Garage Faces Front, Private

Garage Spaces 2.0

Garage Description 2.0

Fence None

Pool None

Community Features Suburban

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Available, Water Connected

View Y/N No

View None

Roof Type Shingle

Accessibility Parking

Porch Concrete

Total Parking Spaces 2

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Bungalow, Cottage

Level or Stories One

New Construction No

Construction Status Building Permit,Repairs Cosmetic

Schools

School District Burbank Unified

Others

Senior Community No

Tax ID 2482010007

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash to Second Loan

Special Listing Condition Standard

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Listed by Fatima Abraham De Polo Landon Realty Group #02113126
Bought with Aram Shadanyan American Realty Centre Inc.
Jessica Lam

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