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8 Beds
8 Baths
5,283 sqft

$1,982,000

707 E Palm Avenue, Burbank CA, 91501

Price per sqft$375.17
Built in1964
Property size5,283 sqft
Property typeResidential
Listed by Zana Zefi CA DRE# 02251852 with eXp Realty of Greater Los Angeles 213-359-0767

Overview

Active

Listed Oct 26, 2026

Updated 2h ago

BURBANK'S OPPORTUNITY OF THE YEAR! FOUR RESIDENCES. ONE EXCEPTIONAL INVESTMENT. Discover a rare California gem featuring a distinctive, character-filled main residence (house) with exquisite woodwork, stonework, stained glass, and a private pool, plus three additional townhomes 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! As a bonus to you, here some very helpful info for you to look into, and expand your knowledge of, prior to viewing the property: The main residence, which is a house, 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 the house of 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 only photos of the main residence, and of one of the townhouses are provided. To protect the privacy of the tenant, the pictures of the townhouse have all household items removed - yes, the space is that beautiful! All townhouses have skylight also. All the townhouses, as well as the main residence, have newer dual pane windows, to maintain indoor stable temperatures. 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.

$13,186/mo

Est. mortgage payment based on a $1,982,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26104648

Interior Features

Bedrooms
8
Bathrooms
8
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.18 Acres

Other Property Details

Garage
Yes
55+/Senior Community
No
MLS provider logo

Listed by Zana Zefi CA DRE# 02251852 with eXp Realty of Greater Los Angeles 213-359-0767

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/29/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/29/2026 at 4:11 PM UTC Last Checked: 4:11 PM UTC

 

 

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