Opportunity Knocks at this prime location off Magnolia in the heart of Burbank. Home to three generations, this special home, noted to be formerly combined with an adjacent lot to create a pool club, is perfect for your imagination to create something fantastic. Nestled under a large shady tree the Two bedroom, Two bath home has some charming features you may want to retain, like bullnose ceilings, massive two-sided brick fireplace, wood floors and those adorable crystal door knobs so quintessential of this time period. Across the small courtyard is a former game room turned partial ADU. The features included a bar with sink, as well as a kitchen area in the opposite corner. Just outside this space is an in ground spa with a deck that could be restored as a hidden treasure. Attached to the main house is a third bathroom only accessible from the exterior, formerly to serve the pool guests, sorry the pool went with the lot division to the adjacent neighbor, but the bathroom and the cute little water fountain remain. This home has suffered some foundation damage from an overgrown tree root and many years of someone not able to care the home better. With its great bones, opportunity to complete a proper ADU and more, it's just waiting for you to come love on it. Buyers - this home likely does not qualify for conventional financing. **Safety note - No trespassing. There are beehives on property. Drive by only prior to the open houses **