This is not a list price. This is an estimate price for the property provided by FirstAmerican. Please note that this is only an estimate and should not be taken as fact or advice. When a list price becomes available we will publish it and along with changes to the contact information.Estimated Value: $1,254,364
918 north screenland drive in burbank is a unique opportunity to acquire two houses on a large lot with adu potential. it is well-located rght around the corner from the popular portos bakery, and it boasts an 87 walk score. this means tenants can accomplish most errands by foot. this is the first time the asset has been offered for sale in over five decades. this generational asset is offered with attractive seller financing: 20% downpayment, 5.75% interest only for 10 years.rrnrrnthe front unit is a 2bdr 1bath house totaling 792 sf. it has its own front yard, back patio, and detached one-car garage. the back unit is a 4bdr 2bath house totaling 1,541 sf. it has its own patio and an attached one-car garage. there is a boundary wall with gated entrance separating the two units for privacy. there is space to fit two additional cars in the driveway.rrnrrnthe city has already approved plans for two additional 1bdr 1bath adu units (374 sf and 383 sf) that may be built atop the detached garage. please see plans included in this offering memorandum. the property may present additional value through adu conversion of the back houses attached garage. buyer to verify.rrnrrnthe asset sits o...
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n a 6,604 sf lot zoned r-3. each house is individually metered for gas, electricity, and water. tenants pay for all utilities including trash, water, sewer, gas, and electricity. units have washer/dryer hookups and wall-mounted heating/cooling units. although there have not been major recent capital improvements to the roof, electrical, or plumbing, the site is well maintained and well-positioned with stable, in-place cash flow and additional upside potential via adu development.rrnrrn918 n screenland is ideal for a buyer seeking strong in-place rental income, value-add potential via approved adu plans, and long-term value in a well-located burbank submarket with seller-financing.This owner financing home is a townhouse or condo located in BURBANK. It offers 0.1516 acres in size, 6 beds and 3 baths. Review its detailed information and determine if this BURBANK owner financing has the qualities you are looking for.
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This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.