2414 N Lamer St, Burbank, CA, 91504

About This Home

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 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. The backyard also offers space for a small garden or shed/workspace, along with a large outdoor sink—perfect 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.