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8 Beds
8 Baths
5,283 sqft

$1,982,000

707 E Palm Ave, Burbank CA, 91501

Price per sqft$375.17
Built in1964
Property size5,283 sqft
Property typeMulti-family

Overview

Active

Listed Oct 26, 2026

Updated 20h 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! CALL NOW TO SCHEDULE YOUR PRIVATE TOUR! 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. CALL NOW TO SCHEDULE YOUR PRIVATE TOUR! The townhouses will be available for viewing for the accepted offer only. https://www.themls.com/showing/request/26104648 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
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.18 Acres

Other Property Details

Garage
Yes

Listed by Zana Zefi with eXp Realty of Greater Los Angeles
Listing Contact: 213-359-0767 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Benjamin Melendez shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Combined L.A./Westside MLS. All rights reserved.

Data last updated 10/28/2026

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