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18063 Burbank Boulevard, Encino, CA 91316

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For Sale

$1,199,000

5 beds • 4 baths • 2,498 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $479.98
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Incredible SB9 Investment Opportunity in Encino Park! Plans have already been submitted to the city to transform this remodeled property into a 3-unit income-producing asset all within the existing square footage, so no new construction is needed to get started. Located on a prime corner lot, this spacious 4-bedroom, 2.5-bathroom home offers approximately 2,500 square feet of living space and exceptional privacy, making it perfect for a multi-unit setup or multigenerational household. The submitted plans propose creating a 2-bedroom ADU on the back left side of the home and a studio unit on the right, while configuring the main residence as a 3-bedroom, 1-bathroom unit with plans to add a second bathroom and in-unit laundry. Whether you re looking for a spacious home with incredible value or an investment property with built-in income potential, this opportunity offers both. Even more exciting, once the two units are established, an additional unit can be added in place of the existing carport, allowing for the creation of a rare 4-unit property in the heart of desirable Encino Park. Ample parking with 3 off street spaces behind the home and 1 on the side in addition to street parking.
MLS# SR25167331

Courtesy Of Pinnacle Estate Properties, Inc.

(818) 933-3100

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Cooktop, Cooktop - Gas, Microwave
  • Architecture Style
    Other
  • Floor Covering
    Tile, Vinyl
  • Rooms
    Family Room, Kitchen

Map and Directions

Directions to 18063 Burbank Boulevard, Encino, CA 91316

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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