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$1,199,000
5 Beds 3 Baths 26859529 MLS Active Under Contract Status
Rare Burbank Investment Opportunity: Two Detached Homes on a Street-to-Alley Lot Unlock tremendous potential with this unique value-add property located in the foothills of Burbank. Situated on a highly desirable street-to-alley lot, this duplex-style property features two detached legal buildings, separate gas and electric meters, and highly coveted R-4 High Density Residential Zoning. Whether you are looking to develop high-density housing, build a custom compound, or renovate and cash-flow, this fixer-upper is the blank canvas you have been waiting for. Property Highlights: Front Building: Spacious 3-bedroom, 2-bathroom layout built in 1927, brimming with character and ready for a modern revival. Rear Building: Separate 2-bedroom, 1-bathroom unit built between 19351949, offering excellent privacy and independent alley access. Delivered Vacant: No tenant complications. Ready for immediate construction, renovation, or development upon closing. Zoning Advantage: R-4 High Density Residential Zone opens the door for significant future development or expansion in a premium Burbank pocket. Utilities: Separate gas and electric meters are already in place, keeping utility management simple and straightforward. Disclosures Ready: Many inspections and reports are completed and available for review, allowing you to buy with clarity and confidence. Bring your contractors and your imagination. Properties with this level of versatility, zoning upside, and vacant possession rarely hit the Burbank market.

638 E San Jose Avenue, Burbank

$1,250,000
TR26067199 MLS Active Status
Don’t miss this rare opportunity to own a well-located triplex in one of Burbank’s most desirable and central neighborhoods. Perfect for investors or owner-occupants. This triplex is not only centrally located but also offers the charm and character Burbank is known for. This property offers flexibility, functionality, and great potential. This versatile property features a front single-family home and two attached units in the rear with a total of 1,658 square feet of living space situated on a generous 6,275 square foot lot. Plenty of parking spaces off street - room for 4 cars. Detached Single Family Home in Front has 2 bedrooms, 1 bath and approx 874 square feet. Rear duplex contains two 1 bedroom, 1 bath units. Property is currently fully rented with solid tenants. The street has several other similar units and same Zoning BUR4* R4 (Check with the City of Burbank). Unit B was recently remodeled with new kitchen cabinets, new shower, new windows, tankless water heater, updated electrical and mini-split for heating and a/c. Unit A has newer windows and tankless water heater. Good tenants - all want to remain. Last rent increase was October 2025. Actual Rents now $1800, $1600, and $1800 - totalling $5200 / mo. Whether you're an experienced investor or just starting out, this property is a fantastic opportunity to own a piece of prime Burbank real estate. Explore the full potential that this triplex has to offer!

167 W Ash, Burbank

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.