$3,750,000

615 E Magnolia Boulevard, Burbank, CA 91501

  • 16 beds |
  • 12 baths |
  • 7,874 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1962
  • Property Lot Size Icon8,690sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $476/sqft
  • Property List Date Icon Listed 8 days ago

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.

Listing Status:
Active
Date Added:
December 9, 2025 at 06:00AM
Listing Office:
Berkshire Hathaway HomeServices California Properties : 310-777-7800
Listing Agent:
Nancy Sanborn : 310-777-2858
MLS ID:
25626665
  • A/C: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Parking: Controlled EntranceCoveredGatedUncoveredParking spaces: 12
  • General: 2
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: BUR4*2455034013
  • Source: CRMLS_CL

This listing courtesy of Nancy Sanborn, Berkshire Hathaway HomeServices California Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Ralph Emerson Elementary

720 E Cypress Ave, Burbank, CA, 91501

Grades KG-5

0.15 miles away

J

John Muir Middle School

1111 N Kenneth Rd, Burbank, CA, 91504

Grades 6-8

0.54 miles away

B

Burbank High School

902 N 3rd St, Burbank, CA, 91502

Grades 9-12

0.39 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.