$2,090,000
SOLD JUN 17, 2026
10 Beds
9 Baths
5,856 Sq Ft
6,484 Sq Ft Lot

Sale Details

Date Sold: June 17, 2026

$357 Per Sq Ft

3% Below List Price

7 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Neighborhood Views
  • Central Heating and Cooling System
  • No HOA
  • Landscaped
  • 2 Car Garage

About This Home

As of June 2026

Discover an exceptional investment opportunity in the heart of Magnolia Park, one of Burbank’s most sought-after neighborhoods - close to Whitnall Highway Park and 1 block away from highly rated Roosevelt Elemtary School. This well-maintained 5-unit building offers spacious, oversized units in a desirable all-electric property, ideal for modern, efficient living. Tenants enjoy the convenience of off-street parking along with close proximity to major studios, making this location especially appealing to entertainment professionals. Just moments away, Magnolia Park’s vibrant mix of popular restaurants, charming cafés, and unique boutique shops creates a lively, walkable community atmosphere. Renowned local favorites like Porto’s Bakery are nearby, adding to the area’s strong tenant appeal. With easy access to public transportation and major commuter routes, this property combines comfort, convenience, and long-term rental demand. Whether you’re expanding your portfolio or securing a stable income-producing asset, this Magnolia Park gem delivers on location, lifestyle, and value.

Last Agent to Sell the Property

Bill Toth

First Class Real Estate Brokerage Phone: 818-434-2110 License #01023622 Listed on: 04/22/2026

Last Buyer's Agent

Bill Toth

First Class Real Estate Brokerage Phone: 818-434-2110 License #01023622 Listed on: 04/22/2026

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 6,484 Sq Ft Lot
  • Two or More Common Walls
  • Northeast Facing Home
  • Landscaped
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 3 Carport Spaces
  • Parking Available

Home Design

  • Midcentury Modern Architecture
  • Apartment
  • Entry on the 1st floor
  • Turnkey
  • Flat Roof Shape

Interior Spaces

  • 5,856 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 9 Bathrooms

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 166
  • Tax Tract Number 9666
  • Assessor Parcel Number 2480017027
  • $1,031 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • Electric Expense $1,476
  • Gardener Expense $1,440
  • Insurance Expense $7,968
  • Pest Control $600
  • Trash Expense $3,468
  • Water Sewer Expense $1,488
  • New Taxes Expense $27,000
  • Operating Expense $43,440
  • Gross Income $1,800
  • Net Operating Income $109,272

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

6,484 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 1488.00
  • Architectural Style: Mid Century Modern
  • Property Condition: Turnkey
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 2480017027
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 356.90

Exterior Features

  • Direction Faces: Northeast
  • View: Neighborhood
  • Pool Private: No
  • Roof: Flat
  • Spa: No

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Carport
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Electric Oven
  • Heating Type: Central
  • Laundry Features: Community
  • Pest Control Expense: 600.00
  • Sewer: Public Sewer
  • Trash Expense: 3468.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Storm Drains, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, 0-1 Unit/Acre
  • Lot Size Sq Ft: 6484.00
  • Lot Size Acres: 0.1489

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Electric Expense: 1476.00
  • Gross Income: 1800.00
  • Gross Multiplier: 14.00
  • Gross Scheduled Income: 153600.00
  • Insurance Expense: 7968.00
  • Lot Size Area: 6484.0000 Square Feet
  • Net Operating Income: 109272.00
  • Number Of Separate Electric Meters: 5
  • Number Of Units Total: 5
  • Operating Expense: 44328.00
  • Rent Control: Yes
  • Total Expenses: 43440.00

Tax Info

  • New Taxes Expense: 27000.00
  • Tax Lot: 166
  • Tax Tract Number: 9666
  • TaxOtherAnnualAssessmentAmount: 1031.00

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/17/2026 06/17/26 Sold $2,090,000 -2.7% $357 / Sq Ft
04/29/2026 04/29/26 Pending -- -- --
04/22/2026 04/22/26 For Sale $2,149,000 -- $367 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR26086739

California Regional Multiple Listing Service (CRMLS)
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