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4003 W Clark Ave - Burbank Single Story Duplex Near Studios

2 Unit Apartment Building Offered at $1,698,000 in Burbank, CA 91505

Investment Highlights

  • Single Story Duplex on R2 Lot Close to Film Studios
  • 2 Car Garage, All Major Work Permitted, New Roof, Move-In Ready
  • Separate Utilities (Electrical, Gas, HVAC, Tankless Water Heaters)
  • Fully Updated with Meticulous Quality & Noteworthy Style!
  • Private Yard and Sitting area on Main Unit and Private Rear Patio on Smaller Unit
  • Highly Desirable Family Friendly Neighborhood With Small Town Feel

Executive Summary

Hallmark-Inspired Single-Story Duplex in Burbank California (Magnolia Park Community) – Meticulous Quality & Noteworthy Style! Located South of Magnolia just 2 blocks from the NEW Warner Brothers Ranch which is said to be the largest production soundstage development underway in the U.S.! R2 Zoning. No current leases in place. All work was permitted. New roof (2021). Separate heating/AC systems. Separate electrical meters and tankless water heaters. With so many recent upgrades (done correctly), this special property is perfect for growing families looking for extra rental income, long-term rental investors, or aging families needing on-site caretakers. Key property spaces include: 1) Impressive main unit with 2 spacious bedrooms, 2 Bathrooms (spa-inspired master bath), and a private outdoor yard/living space. 2) Nicely updated 1 bed/1 bath secondary unit with private outdoor patio, and 3) Large 2 car garage. Both units feature separate street-front porches (charming curb appeal). The main unit features a cozy living room with gas/wood burning fireplace, custom built-in cabinets and natural hardwood floors. Entertain friends and family in the nicely updated kitchen with granite counters, stainless appliances, gas stove, and quality cabinets. Adjacent to the kitchen is the office nook and interior laundry closet that will accommodate side-by-side or stackable units. The dining room features french doors that lead into the private and spacious outdoor space with covered seating/dining area and yard. Relax and unwind in the spacious master suite with huge walk-in closet and spa-inspired bathroom. The bathroom features a massive walk-in shower with shower systems, clawfoot tub, custom tilework, and dual vanity. The secondary guest unit is fully updated and move-in ready. The front porch welcomes you into the living room that flows nicely through the breakfast nook and into the kitchen. This kitchen features fresh white cabinets, granite counters, and stainless appliances (gas stove). There is an in-unit stackable laundry closet and a massive walk-in bedroom closet. Dual pane Milgard windows throughout. The attached secondary unit was constructed in 2003. All upgrade work including construction and roof replacement were permitted. The property is close to the studios, has views of the Wisdom Tree, and is walking distance to endless shopping and dining. No need to build an ADU as this property is ready to go! Property will be delivered without tenants.

Property Facts

Price $1,698,000
Price Per Unit $849,000
Sale Type Investment
No. Units 2
Property Type Multifamily
Apartment Style Low Rise
Lot Size 0.11 AC
Building Size 1,848 SF
No. Stories 1
Year Built/Renovated 1947/2021
Parking Ratio 1.08/1,000 SF

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Fireplace
  • Ceiling Fans
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Tub/Shower
  • Walk-In Closets
  • Yard
  • Built-In Bookshelves
  • Dining Room
  • Double Pane Windows
  • Family Room
  • Lawn
  • Patio
  • Porch

Site Amenities

  • Fenced Lot
  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 1 - 1,200
1+1 1 - 700
Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code R2 (Zoned R2. Duplex)
R2 (Zoned R2. Duplex)
  • Listing ID: 33949765

  • Date on Market: 11/21/2024

  • Last Updated:

  • Address: 4003 W Clark Ave, Burbank, CA 91505

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