2414 N Lamer

Burbank, CA 91504

About this property

First time on the market in 40 years! An exceptional opportunity in one of Burbank’s most desirable hillside neighborhoods, just above Glenoaks Blvd. Situated on a quiet, pride-of-ownership street, this property offers a rare combination of immediate income potential and long-term upside. The property features a 3 bed, 1 bath main home plus a fully separate, move-in ready 1 bed, 1 bath permitted guest house, remodeled in 2022. The guest house is thoughtfully updated with vinyl flooring, porcelain countertops, a kitchenette with ample cabinet space and a refrigerator, a comfortable living area, walk-in closet, and dinette space. This guest house is ideal for rental income, extended family, or living on-site while enhancing the main residence. The main home is fully livable and offers solid fundamentals, including a remodeled bathroom (2022), plantation like shutters, a fireplace, and real hardwood flooring in the kitchen. There is also believed to be hardwood flooring beneath the existing carpet, offering additional potential. A dedicated laundry room includes an additional toilet and sink, and a bonus enclosed room with slate flooring and several large windows. This room has tons of light and provides flexible space for a variety of uses. The third bedroom can easily function as a den or home office. While the home could benefit from updates, it presents a great opportunity to personalize over time. Outdoor features include covered patios in both the front and backyard, a detached two-car garage w a work bench and ample cabinetry, low-maintenance front and rear yards with turf, complemented by mature rose bushes and camellia trees. Behind the garage and guest house there is space for a small garden or shed/workspace, along with a large outdoor sinkperfect for gardening, creative projects, or hobbies such as pottery. Whether you’re an investor seeking immediate income, or a homeowner looking for flexibility and future potential, this is a rare find in a highly sought-after Burbank location.

About this property

First time on the market in 40 years! An exceptional opportunity in one of Burbank’s most desirable hillside neighborhoods, just above Glenoaks Blvd. Situated on a quiet, pride-of-ownership street, this property offers a rare combination of immediate income potential and long-term upside. The property features a 3 bed, 1 bath main home plus a fully separate, move-in ready 1 bed, 1 bath permitted guest house, remodeled in 2022. The guest house is thoughtfully updated with vinyl flooring, porcelain countertops, a kitchenette with ample cabinet space and a refrigerator, a comfortable living area, walk-in closet, and dinette space. This guest house is ideal for rental income, extended family, or living on-site while enhancing the main residence. The main home is fully livable and offers solid fundamentals, including a remodeled bathroom (2022), plantation like shutters, a fireplace, and real hardwood flooring in the kitchen. There is also believed to be hardwood flooring beneath the existing carpet, offering additional potential. A dedicated laundry room includes an additional toilet and sink, and a bonus enclosed room with slate flooring and several large windows. This room has tons of light and provides flexible space for a variety of uses. The third bedroom can easily function as a den or home office. While the home could benefit from updates, it presents a great opportunity to personalize over time. Outdoor features include covered patios in both the front and backyard, a detached two-car garage w a work bench and ample cabinetry, low-maintenance front and rear yards with turf, complemented by mature rose bushes and camellia trees. Behind the garage and guest house there is space for a small garden or shed/workspace, along with a large outdoor sinkperfect for gardening, creative projects, or hobbies such as pottery. Whether you’re an investor seeking immediate income, or a homeowner looking for flexibility and future potential, this is a rare find in a highly sought-after Burbank location.

Features and Additional Information

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$1,250,000 Active
0 Bed(s)
0
Baths
1,456 sqft

Presented By Coldwell Banker Home Source

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Get in touch today! Phone: 1-760-684-8100
License #01902736
Brokerage
eXp Realty of California Inc.
1-818-338-8787
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Area Information

610 Burbank | Los Angeles County |

$ 1,250,000
This listing is play_arrow 69.1% higher than the average in the area
$ 739,000 in the area
1,456 SqFt
This listing is play_arrow 1.5% smaller than the average in the area
1,478 SqFt in the area
$ 859 $/SqFt
This listing is play_arrow 71.7% more than the average in the area
$ 500 $/SqFt in the area
106 days on site
This listing is play_arrow 35.9% above the average in the area
78 days on site in the area

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Listed By Sean Poliseno
Brokerage: eXp Realty of California Inc.

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