Burbank Homes with Mixed Use Subtype

Burbank Homes with Mixed Use Subtype

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Newest Burbank Homes with Mixed Use Subtype

$1,499,000
P1-28652 MLS Active Status
Offered for the First Time in 37 Years - Vacant Burbank Mixed-Use Owner/User Opportunity.Unique mixed-use owner/user or investment opportunity in Burbank. Approx. 3,700 SF building situated on a 5,094 SF street-to-alley lot, offering a versatile combination of commercial and residential space.The property includes approx. 2,550 SF of ground-floor commercial/office space and an approx. 1,150 SF two-bedroom residential unit upstairs. The commercial portion features multiple office/work areas, three restrooms, workshop/storage space and a roll-up loading door. Previously occupied by a printing business, the flexible configuration may accommodate a variety of professional, creative, production, design or service-oriented uses. Potential may also exist to divide the commercial area into two or three separate spaces, subject to buyer investigation and City approvals.The lot extends from W. Olive Avenue to the rear alley, providing convenient access from both ends. Five striped on-site parking spaces plus potential tandem parking provide added flexibility for an owner/user, employees, clients or residents.The upstairs two-bedroom unit includes a living room, dining area, kitchen and full bath, creating an opportunity to operate a business below while occupying the residence above or potentially leasing it for additional income.Both commercial and residential portions are vacant and ready for renovation and updating, allowing a buyer to configure the property to suit their business, residential or investment objectives. Excellent visibility along W. Olive Avenue with convenient access to Burbank's major employment, studio and entertainment centers.Trust/inheritance sale. Property is being sold in its present AS-IS condition. Seller has limited knowledge of the property and will make no repairs, improvements or updates. Offers containing loan and/or appraisal contingencies may not be considered.Buyer to independently investigate and verify square footage, lot size, zoning, permitted uses, parking, potential division of commercial space and all other aspects of the property.

915 W Olive W, Burbank

$2,600,000
SB26157944 MLS Active Status
Exceptional opportunity to acquire a five-unit bungalow-style multifamily complex, thoroughly remodeled in 2022, consisting of three separate buildings in one of Burbank's most desirable neighborhoods. The property features four beautifully updated one-bedroom, one-bathroom units, plus a permitted one-bedroom, one-bathroom ADU, creating an attractive, low-maintenance investment with strong tenant appeal. Each unit was thoughtfully renovated a few years ago with forced-air heating and air conditioning, dual-pane windows, stylish kitchens with stainless steel appliances, modern laminate flooring, updated bathrooms, recessed lighting, and in-unit laundry hookups. The property offers four dedicated parking spaces, four storage spaces, and separately metered gas and electricity for each unit, providing convenient utility management. It has also has a brand new 75 gallon water heater and a new irrigation system. Ideally positioned in the heart of Burbank, the property offers convenient access to Downtown Burbank's vibrant dining, shopping, and entertainment scene, as well as major employers including Warner Bros. Studios, Walt Disney Studios, and other renowned entertainment companies. Residents also enjoy easy access to the Burbank Metrolink station, the 5 and 134 Freeways, Hollywood Burbank Airport, Toluca Lake, parks, schools, and countless everyday conveniences. Combining extensive renovations, charming bungalow-style architecture, a permitted ADU, and an exceptional central location, 1004 W. Clark Ave presents a rare opportunity to own a turnkey, easy-to-manage multifamily asset in one of Southern California's most sought-after rental markets.

1004 W Clark, Burbank

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.