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.
Home Trends in Magnolia Park, CA
On average, homes in Magnolia Park, Burbank sell after 34 days on the market compared to the national average of 51 days. The median sale price for homes in Magnolia Park, Burbank over the last 12 months is $1,325,000, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$1,325,000
Median Single Family Sale Price
$1,325,000
Median Townhouse Sale Price
$1,435,000
Median 2 Bedroom Sale Price
$745,000
Average Price Per Sq Ft
$930
Number of Homes for Sale
13
Last 12 months Home Sales
122
Median List Price
$1,310,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-1%