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316 N Kenwood ST Burbank, CA 91505
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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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Bought with Aram Shadanyan American Realty Centre Inc.

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