Burbank, CA 91501,615 E Magnolia Blvd
Burbank, CA 91501,615 E Magnolia Blvd
Burbank, CA 91501,615 E Magnolia Blvd
45
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$3,750,000
Est. payment /mo
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16 Beds
12 Baths
7,874 SqFt
New

615 E Magnolia Blvd Burbank, CA 91501

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,874 sqft

Price per Sqft $476

MLS Listing ID 25626665

Bedrooms 16

Year Built 1962

Lot Size 8,692 Sqft

Acres 0.1996

Property Sub-Type Multi-Family

Property Description

615 E. Magnolia Blvd. is an 11 unit multifamily property in a desirable Burbank location with steady rental demand, strong occupancy, and convenient access to nearby amenities. The building offers about 7,874 square feet of living space on a centrally located parcel near dining, parks, schools, and major entertainment employers. The property has street and alley access with gated entry and parking. There are 10 covered parking spaces and two uncovered. The roof was replaced in 2025. The unit mix includes five 2 bedroom units and six 1 bedroom units, several with balconies. The building has been family owned and maintained for more than 50 years and shows a long history of care and consistent performance. Laundry income provides an additional revenue source. The neighborhood offers a residential feel with close proximity to shopping, cafes, major roadways, and the Media District. Burbank continues to show reliable occupancy, strong tenant demand, and resilient rental trends. This 11 unit building is a strong opportunity for buyers seeking income stability, a well cared for asset, and long term positioning in one of the most durable markets in the San Fernando Valley.

Location

State CA

County Los Angeles

Area Burbank

Zoning BUR4*

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window

Equipment Other

Exterior

Parking Features Controlled Entrance, Covered Parking, Uncovered, Gated

Garage Spaces 12.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Berkshire Hathaway HomeServices California Propert

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Megan Vernia

Megan Vernia

Agent | RE.s.0191820

+1(425) 350-2089

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615 E Magnolia Blvd