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707 E Palm Avenue Burbank, CA 91501
$1,982,000 8 beds, 9 baths
5, 283 sqft
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BURBANK'S OPPORTUNITY OF THE YEAR! FOUR RESIDENCES. ONE EXCEPTIONAL INVESTMENT. Discover a rare California gem featuring a distinctive, character-filled main residence with exquisite woodwork, stonework, and stained glass, a private pool, and three additional townhomes - all on one lot. The main residence is delivered vacant, while the three townhomes provide rental income, each with its own one-car garage and storage. The property also offers potential for future expansion or development, subject to zoning, permits, and approvals. Enjoy the best of Southern California living near the dining, shopping, boutiques, and entertainment of Downtown Burbank and Magnolia Park. Families will appreciate the great schools in the stellar Burbank Unified School District. LIVE IN YOUR OWN CALIFORNIA RETREAT WHILE YOUR INVESTMENT WORKS FOR YOU! Four residences, a gorgeous heated and filtered private pool, rental income, and exciting possibilities for future growth - all in one extraordinary property! Additional info to look into prior to viewing the property: the main residence was owner occupied, and it is delivered empty. The photos of the main residence show exactly what you see when you come in. The Airbnb market for this size and location is $1,500-$2,500 a night, while the current residential rental rate is $4,000-$4,500 a month. The three townhouses that are occupied have the same exact layout; that's why the listing has only photos of the main residence, and of one of the townhouses. To protect the privacy of the tenant, the pictures of the townhouse have all household items removed - yes, the space is that beautiful! The townhouses have skylight also. All 4 structures have newer dual pane windows, to maintain indoor stable temperatures for comfort and cost efficiency. The main residence is available for viewing at any time requested, as well as in open houses. The townhouses will be available for viewing for the accepted offer only. PLEASE NOTE: ALL CALCULATIONS, INFORMATION, AND CONTENT IN THIS LISTING SHOULD BE VERIFIED AND SHALL NOT BE DEEMED GUARANTEED.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26104648
List price is $1,982,000
Beds: 8
Baths: 9
Built in 1964
5,283 sqft
2 stories
0.18 acres
Lot size: 0.1756
County: Los Angeles
Zoning: BUR3*
Construction: Brick,Glass,Stone,Wood Siding
Interior features: Ceiling Fan(s),Open Floorplan,Storage,Walk-In Closet(s)
Appliances: Convection Oven,Dishwasher,Gas Range,Microwave,Oven,Refrigerator,Dryer,Washer
Parking description: Driveway,Electric Gate,Oversized,Private
Lot description: Back Yard,Front Yard,Lawn,Yard
Heating/cooling: Central Air,Electric,Wall/Window Unit(s)
Heating description: Central,Electric
MLS area: 610 - Burbank

Last Updated: 11/10/2026

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This listing belongs to the 610 - Burbank MLS area

Lat/Long: 34.188560, -118.304573.
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Listing Agent: Zana Zefi
Lic#: 01276603
Office Name: Tustin

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

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