Charming 1940s Traditional Home with Exceptional ADU PotentialNestled in the heart of Burbank’s sought-after Magnolia Park neighborhood, this pristine 1940s traditional residence offers a unique blend of classic charm and modern versatility. Boasting two separate living areas across its upper and lower levels, each with private entrances, this property presents an unparalleled opportunity for homeowners and investors alike.Key Features:* Dual Living Spaces: The upper level features two spacious bedrooms, a full bathroom, a sunlit living room with a cozy fireplace, a formal dining room leading to a shaded outdoor patio, and a bright kitchen. The lower level, remodeled and expanded in 2009, functions as a separate unit with its own entrance, encompassing a living area with kitchenette, a generous bedroom, and a remodeled 3/4 bathroom with a curbless shower.* ADU Potential: The property’s configuration is ideal for creating an Accessory Dwelling Unit (ADU). The City of Burbank’s Preapproved Accessory Dwelling Unit Program (BPAP) facilitates a streamlined process for ADU development, enhancing the property’s value and income-generating potential. * Outdoor Oasis: Enjoy the expansive rear garden with picturesque mountain views, perfect for relaxation or entertaining. The detached two-car garage offers additional storage or conversion possibilities.* Modern Upgrades: Recent enhancements include a new roof (2019), updated windows throughout, two separate heating and A/C systems, a newer hot water heater, and newly refinished floors on the upper level. Prime Location: Situated in a highly desirable Burbank neighborhood, this home is in close proximity to Magnolia Park’s vibrant shops and eateries, top-rated schools, major studios, Griffith Park, and convenient freeway access. Don’t miss this rare opportunity to own a versatile property with superb ADU potential in one of Burbank’s most coveted neighborhoods.