707 E Palm Avenue
Burbank, CA 91501
Listing broker / agent: eXp Realty of Greater Los Angeles · Zana Zefi · CRMLS
MLS # 26104648 · Last checked Nov 14, 2026 18:45 UTC
About this property
BURBANK'S OPPORTUNITY OF THE YEAR! FOUR RESIDENCES. ONE EXCEPTIONAL INVESTMENT. Discover a rare California gem featuring a distinctive, character-filled main residence with exquisite woodwork, stonework, and stained glass, a private pool, and three additional townhomes - all 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! Additional info to look into prior to viewing the property: the main residence 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 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 the listing has only photos of the main residence, and of one of the townhouses. To protect the privacy of the tenant, the pictures of the townhouse have all household items removed - yes, the space is that beautiful! The townhouses have skylight also. All 4 structures have newer dual pane windows, to maintain indoor stable temperatures for comfort and cost efficiency. The main residence is available for viewing at any time requested, as well as in open houses. The townhouses will be available for viewing for the accepted offer only. PLEASE NOTE: ALL CALCULATIONS, INFORMATION, AND CONTENT IN THIS LISTING SHOULD BE VERIFIED AND SHALL NOT BE DEEMED GUARANTEED.
Property details
- MLS number
- 26104648
- Status
- Active
- Type
- Residential Income
- Beds / baths
- 8 Beds • 9 Baths
- Living area
- 5,283 (area; units unconfirmed)
- Lot size
- 0.1756 acres
- County
- Los Angeles
- Year built
- 1964
- Stories
- 2
More property detailsCollapse
Listing
- Days on market
- 19
Building
- Year built
- 1964
- Year built source
- Assessor
- Stories
- 2
- Building stories
- 2
- Levels
- Two
- Entry level
- 1
- Construction
- Brick, Glass, Stone, Wood Siding
- Foundation
- Raised
- Living area source
- Assessor
Bathrooms
- Full bathrooms
- 0
- Half bathrooms
- 0
- Three-quarter bathrooms
- 0
- Quarter bathrooms
- 0
Rooms & interior
- Rooms
- Other
- Appliances
- Convection Oven, Dishwasher, Gas Range, Microwave, Oven, Refrigerator, Dryer, Washer
- Interior features
- Ceiling Fans, Open Floorplan, Storage, Walk In Closets
- Flooring
- Carpet, Tile, Wood
- Heating
- Central, Electric
- Cooling
- Central Air, Electric, Wall Window Units
- Laundry
- Laundry Room
Exterior & parking
- Total parking spaces
- 5
- Garage spaces
- 5
- Parking
- Driveway, Electric Gate, Oversized, Private
- Attached garage
- Yes
- Pool
- Fenced
- Patio / porch
- Porch
- Lot features
- Back Yard, Front Yard, Lawn, Yard
- Lot size source
- Assessor
Fees & lease terms
- Association
- No
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Ralph Emerson Elementary Burbank Unified · Burbank | K–5 | 0.2 mi |
| Burbank High Burbank Unified · Burbank | 9–12 | 0.5 mi |
| Joaquin Miller Elementary Burbank Unified · Burbank | K–5 | 0.6 mi |
| John Muir Middle Burbank Unified · Burbank | 6–8 | 0.6 mi |
| Thomas Jefferson Elementary Burbank Unified · Burbank | K–5 | 1.2 mi |
| Balboa Elementary Glendale Unified · Glendale | K–6 | 1.2 mi |
| Walt Disney Elementary Burbank Unified · Burbank | K–5 | 1.4 mi |
| William McKinley Elementary Burbank Unified · Burbank | K–5 | 1.6 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $1,982,000
- MLS-reported original asking price
- $1,982,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 27, 2026 05:56 | $1,982,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Burbank
Active residential homes for sale in Burbank, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
28 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-11-14 20:28 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗