1504 N California, Burbank, CA 91505

Property Description

This a brand new construction with 3 new ADU's and a completely remodeled front house. Designed with a blend of innovative architecture, sustainability and efficient use of space, this is an ideal income property in which the new owner is able to set the rents as all units are vacant. The redesigned front house with its charming front porch, features 3 bedrooms and 1 3/4 baths, an open living space with high ceilings and a custom kitchen with stainless steel appliances and an eating area on the quartz topped island. There is also a laundry closet with a stackable washer and dryer. The one bedroom unit features 10 ft. ceilings and is attached to the back of the front house but has a separate entrance. It features a full bath, a laundry closet and custom kitchen cabinetry with quartz stone counters. The back two story structure consists of two new identical 2 bedroom, 1 bath units. The ten foot ceilings are featured throughout with an abundance of kitchen cabinetry and quartz counters. The downstairs units has a private patio off of the kitchen. The upstairs unit offers lots of natural light and view from several of the windows. There is also outdoor living on a generous sized balcony. These two units are newly built and therefore have completely paid for solar panels. All units feature tankless water heaters. There is also an attached single car garage. This new development provides an ideal combination of classic charm, advanced design and great income potential for all 4 units or an owner user for the front house. This makes it a perfect addition to a real estate portfolio. Projected income on these iunits could potentially be just over $14,000 a month