Why Live in Magnolia Park
Magnolia Park, located in Burbank at the foothills of the Verdugo Mountains, is a neighborhood known for its vintage Hollywood charm and proximity to major production studios. The area features a mix of 1940s storybook homes and a variety of architectural styles, including Tudor Revival, Craftsman, Mediterranean, Mission Revival, and ranch-style houses. Magnolia Boulevard is a hub of activity with its eclectic shops, such as Bearded Lady Vintage & Oddities and Blast from the Past, and popular eateries like Porto's Bakery and Café and Tally Rand. The neighborhood hosts events like Magnolia Park Food Truck Fridays and Holiday in the Park, providing ample opportunities for socializing and enjoying local attractions. Residents can also explore nearby venues like Flapper's Comedy Club and The Hollywood Bowl. The area is well-connected with bike lanes and sidewalks, and Hollywood Burbank Airport is less than 3 miles away. Schools in the area are highly rated, including Theodore Roosevelt Elementary, Thomas Edison Elementary, Dolores Huerta Middle School, and John Burroughs High School, which is known for its award-winning arts programs. For recreation, locals can visit the Mary Alvord Recreation Center, Verdugo Park, and Whitnall Highway Park South, or venture to Griffith Park for hiking, horseback riding, and golfing. The neighborhood is safer than the national average, making it a practical choice for families and professionals alike.
Frequently Asked Questions
Is Magnolia Park a good place to live?
Magnolia Park is a good place to live. Magnolia Park is considered fairly walkable and very bikeable with some transit options. Magnolia Park has 6 parks for recreational activities. It is somewhat dense in population with 7.3 people per acre and a median age of 44. The average household income is $142,847 which is above the national average. College graduates make up 49.9% of residents. A majority of residents in Magnolia Park are home owners, with 44.3% of residents renting and 55.7% of residents owning their home. A
local real estate agent serving Magnolia Park can help you decide if this neighborhood is the right one for you. Learn more on our
Magnolia Park neighborhood guide.
Is Magnolia Park, CA a safe neighborhood?
Magnolia Park, CA is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Magnolia Park?
The median home price in Magnolia Park is $480,000. If you put a 20% down payment of $96,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,490 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $107K a year to afford the median home price in Magnolia Park. The average household income in Magnolia Park is $143K.
What are the best public schools in Magnolia Park?
The best public schools that serve Magnolia Park are:
What are the best private schools in Magnolia Park?
The best private schools that serve Magnolia Park are:
What are the most popular zip codes in Magnolia Park, Burbank, CA?
What are the most popular neighborhoods near Magnolia Park, Burbank, CA?
Are home prices dropping in Magnolia Park?
Yes, home prices in Magnolia Park are down 13% in the last 12 months.
Home Trends in Magnolia Park, CA
On average, homes in Magnolia Park, Burbank sell after 47 days on the market compared to the national average of 70 days. The median sale price for homes in Magnolia Park, Burbank over the last 12 months is $467,000, up 30% from the median home sale price over the previous 12 months.
Median Sale Price
$467,000
Median Single Family Sale Price
$467,000
Median 2 Bedroom Sale Price
$330,000
Median 1 Bedroom Sale Price
$210,000
Average Price Per Sq Ft
$272
Number of Homes for Sale
7
Last 12 months Home Sales
45
Median List Price
$480,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
30%