$2,449,000

In the heart of Burbank's ever so popular Magnolia Park, the unveiling of this brand new SB9 building marks a monumental leap forward in urban development. Designed with a blend of innovative architecture, sustainability and efficient use of space, this structure exemplifies the evolving needs of the community. Where traditional homes meet contemporary style, a once dated front house has been redesigned and paired with three newly constructed units. The redesigned house with its charming covered front porch, features 3 bedrooms and 1¾ bathrooms, an open living space with pitched ceilings and custom kitchen with stainless steel appliances. The one-bedroom unit features ten-foot ceilings and is attached to the back of the front house but has a separate entrance. It features a full bathroom and custom two-toned kitchen cabinetry with quartz stone cabinetry. The back two story structure are two brand new identical 2 bedroom, 2 bath units. The ten-foot ceilings are featured throughout with an abundance of kitchen cabinetry and quartz counters. The upstairs unit offer outdoor living with a generous sized balcony. The downstairs unit has a private patio which would be ideal for entertaining and a BBQ. These two units are newly built and therefore have completely paid for solar panels. All units feature tankless water heaters, and the generous sized driveway has rooms for 6 cars. This new development provides an ideal combination of classic charm, advanced design, and multi-generational living potential making it a perfect addition to any real estate portfolio. Projected rental income on these vacant structures could potentially be $14,000 a month.