Rare top-floor, 3 bed, 2.5 bath condo in the heart of Downtown Burbank, with 1,710 sq ft and only one shared wall. Entrance is gated and secured by intercom and you enter through a peaceful courtyard. The single level unit has a bright, open floor plan with rich wood floors, crown molding, and recessed lighting throughout. The spacious living room is anchored by a granite fireplace and flows into a large formal dining room. The kitchen has maple cabinetry, granite counters, a tile backsplash, stainless appliances, a gas cooktop, double wall ovens, and a breakfast bar. All three bedrooms are filled with natural light. The primary suite has its own en suite bath, and the third bedroom works well as a home office. Other features include central A/C and heat, an in-unit laundry closet with washer and dryer, and two tandem parking spaces in the secured garage. The Mediterranean-style elevator building sits on lush, landscaped grounds. Trash and water are included, and pets are considered. You’re minutes from the 5 Freeway and Downtown Burbank’s shops, restaurants, and parks.

We are proud to represent this 4 unit property in Burbank. The building was constructed in 1952. Its unit mix consists of (2) 1+1 units and (2) 2+1 units. With a lot size of 4,544 square feet, the property has a total of 2,794 rentable square feet. The property is located in Burbank, which is a highly desirable rental market and is known as the media capital of the world. It is home to Disney Studios, Warner Brothers, and NBC. The city has over 80 restaurants, 30 movie screens, and 200 stores; its residents enjoy top ranked schools, easy access to the 5 and 134 freeways, and close proximity to the Burbank Metro Link.

Welcome to 1640–1642 Avon Street, a beautifully maintained and thoughtfully updated two-home property offering a combined 2,186 SF of living space. The front residence features 3 bedrooms, 2 bathrooms, and approximately 1,186 SF, currently generating $4,250 per month in rental income. The rear residence is a newer-construction (circa 2023), approximately 1,000 SF ADU featuring 2 bedrooms and 2.5 bathrooms, currently vacant and ready for immediate occupancy or rental at market rates. The property showcases attractive paver improvements throughout, creating a clean, well-maintained, and inviting setting. Ideal for investors seeking rental income, owner-users looking to offset their mortgage with rental revenue, or multigenerational living arrangements. A rare opportunity to acquire two updated residences on one property in the highly desirable Burbank market!

Tucked away in a quiet, desirable location, this home offers a wonderful blend of comfort, convenience, and future potential. Ideally situated near the popular Chandler Bikeway, major entertainment studios, shopping, and local dining, you'll enjoy easy access to the many amenities that make Burbank such a sought-after place to call home. Inside, you'll find hardwood floors, recessed lighting, and ceiling fans for added comfort. The front bedroom features a charming bay window that brings in natural light and adds character. The kitchen offers the convenience of a pantry for additional storage. Enjoy outdoor living on the Trex deck, which offers inviting spaces to relax or entertain. Energy efficiency is another highlight of this home. Improvements include dual-pane windows (excluding the kitchen and bathroom), a high-efficiency 26 SEER-rated HVAC system, insulated recessed ceiling lights to help reduce heat transfer from the attic, a tankless water heater, and upgraded attic insulation. The roof features ENERGY STAR-rated cool-roof shingles, along with a radiant barrier installed between the wood and shingles to help reduce heat absorption. Adding exceptional value, the property comes with architectural plans for a proposed approximately 460-square-foot ADU, creating an exciting opportunity for additional living space, rental income, extended family, or a private home office. The proposed ADU features one bedroom, one bathroom, a living room, and a kitchen. Approximately $8,000 has been invested in preparing the plans. Previously submitted permits have expired and will need renewal. The garage also features a Level 2 EV charger, adding convenience for today's electric vehicle owners. A wonderful opportunity to enjoy the Burbank lifestyle while taking advantage of energy-conscious improvements and the potential to expand, generate rental income, and make this property your own!

Due to the fact that the property is subject only to Burbank's local rent ordinance, a new owner may be able to recapture the rent upside and keep pace with improving rent growth via higher allowable rent increases, when compared with other assets subject to Los Angeles rent control. The property features copper plumbing throughout most of the building, while the majority of units have been upgraded with new granite countertops, dual-pane windows, wood laminate flooring, and new AC units. The on-site laundry facilities are owned by the landlord, allowing for a more substantial supplemental revenue stream. Situated within a mile of both the Burbank Town Center and the Empire Center, this property grants tenants convenient access to numerous major national retailers and an extensive slate of entertainment and dining options. Stores such as Costco, Target, Walmart, Nordstrom Rack, Macy's, Cost Plus World Market, and Best Buy provide local residents a wide array of local shopping choices. Dubbed the "Media Capital of the World," the city of Burbank is home to a vast contingent of entertainment employers, which allows tenants convenient commutes to studios. Notable media production campuses in and around Burbank include Disney Studios, Walt Disney Imagineering, Warner Bros. Studios, Universal Studios, Nickelodeon Studios, Cartoon Network, and Dreamworks Animation.