824 N Lima Street, Burbank, CA 91505

Welcome to 824 826 N Lima Street a rare and beautifully upgraded dualresidence property in the heart of Burbanks coveted Magnolia Park This gorgeous home includes a charming main house with 3 bedrooms 2 bathrooms with 1584 sq ft of thoughtfully designed living space as well as a brand new ADU featuring 2 bedrooms 2 bathrooms dramatic vaulted ceilings and 980 sq ft of bright modern living The main house boasts an openconcept layout perfect for entertaining with a master bedroom retreat complete with soaring vaulted ceilings and ample natural light The newly constructed ADU is equally impressive offering a spacious and airy ambiance thanks to its high ceilings and contemporary finishesideal for guests extended family or potential rental income Located on one of the most desirable streets in Magnolia Park youre just a short stroll away from local coffee shops banks EV charging stations and some of Burbanks best restaurants Enjoy a strong sense of community with access to toprated Burbank schools treelined streets and a nearby walkable community parkBurbank is known for its smalltown charm with bigcity convenienceshome to major studios like Warner Bros and Disney a vibrant downtown and an unbeatable blend of suburban comfort and urban accessThis is a perfect opportunity to own a moveinready home with added versatility and investment potential in one of LAs most soughtafter neighborhoods

Are you looking for an investment property? Wondering what a property like this might rent for in this market? Here is an estimate of what this property will rent for per month.

It is important to conduct thorough market research, property inspection, and evaluation of potential expenses and risks before investing in any property. Real estate investments carry inherent risks, and it is essential to consult with professionals such as real estate agents, property managers, and financial advisors to make informed decisions. This estimate is a starting point in determining the monthly rental price for a specific property. Rental restrictions may apply for this home. It is the buyer's obligation to verify rental availability and details.

The rental real estate market outlook for 91505 appears to be promising. Located in Burbank, California, this area is known for its thriving entertainment industry and proximity to major studios like Warner Bros. and Disney. This makes it a highly desirable location for renters, particularly those working in the entertainment industry. Additionally, Burbank boasts a range of amenities, including shopping centers, restaurants, and parks, which further contribute to its appeal. As a result, rental demand in 91505 is expected to remain strong, attracting both local residents and newcomers looking for convenient and vibrant living options. It is anticipated that rental prices may continue to rise as a result of this demand, presenting a potentially profitable investment opportunity for landlords and property owners in the area. Overall, the rental real estate market outlook for 91505 is optimistic and offers a favorable landscape for individuals involved in this sector.

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