603 S 6th Street
Burbank, CA 91501
- – beds
- – baths
- – sqft
- 7,181 sqft lot
- 1948 build
- – on site
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603 S 6th Street is a remarkably rare Burbank property located North of Glenoaks in the hills, less than a mile to the heart of Downtown Burbank! There isn’t a single duplex on the market in the Burbank Hills right now, so you’ll want to act fast! 603 S 6th St is made up a gorgeously renovated 2 bedroom, 1 bathroom single family residence, a brand new attached non-conforming studio apartment, and a detached garage converted into a sleek office space/studio. We project these units will pull approximately $5,150 in monthly rent, making for a sky-high pro forma cap rate ot 4.52%. In addition to the existing structures, the property will be delivered with preliminary plans for 1) a 2-story ADU made up of two 2 bed, 2 bath units that would replace the existing garage and 2) a 1,000 SF addition to the main home. We project 2 new construction ADU’s would add approximately $6,000 a month in income to the property and up to $1,000,000 in value! Situated on a 7,181 square foot BUR4* zoned corner lot, this property provides buyers unlimited growth potential. Whether you are looking to purchase this property as a charming family compound, an investment property, or a development opportunity, the options are truly endless. You can’t go wrong! 603 S 6th St defines “pride-of-ownership”, featuring spacious and open floorplans, 2 brand new kitchens with trendy backsplashes, quartz countertops, and cheerful white cabinetry, a huge pantry in the main house, lovely Mediterranean-style bathrooms, quality wood flooring, washer/dryer hookups for both the house and studio, an enormous closet containing built-in cabinetry in the studio apartment, high quality sound proofing between the SFR and studio, and a converted, heated/cooled garage with laminate flooring. From the premium location to the high-quality finishes on this property, 603 S 6th truly fires on all cylinders! For those of you looking to fully lease this property, a rental of this quality (top-notch!) in such a phenomenal area of Burbank will without question attract premium tenants at premium rents!
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Last updated Apr 13, 2024
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MLS# BB21112649 —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/7/21
Jul 7, 2021
|
CRMLS_CA | $1,200,000 | 20.1% | |
|
6/8/21
Jun 8, 2021
|
CRMLS_CA | $999,000 | ||
|
5/28/21
May 28, 2021
|
CRMLS_CA | $999,000 |