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Listed by Tamara Tambe • Pinnacle Estate Properties, Inc.
$1,199,000
Est. payment /mo
6,649 Sqft Lot
New
18063 Burbank BLD Encino, CA 91316
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Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25167331
Year Built 1949
Lot Size 6,649 Sqft
Source California Regional MLS
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 asset-all 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 you're 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
Area Enc - Encino
Rooms
Kitchen Microwave, Other
Interior
Heating Central Forced Air
Cooling Central AC
Laundry In Laundry Room
Exterior
Parking Features Gate / Door Opener, Other
Garage Spaces 4.0
Pool 31, None
View None
Roof Type Composition
Building
Story One Story
Foundation Combination
Sewer Sewer Available
Water District - Public
Others
Tax ID 2159007016
Special Listing Condition Not Applicable
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