3650 W Clark Ave Burbank, CA 91505
Magnolia Park NeighborhoodEstimated payment $13,542/month
Highlights
- Traditional Architecture
- No HOA
- Laundry Room
- Dolores Huerta Middle School Rated A-
- Neighborhood Views
- Landscaped
About This Home
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.
Listing Agent
First Class Real Estate Brokerage Phone: 818-434-2110 License #01023622 Listed on: 04/22/2026
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
- Traditional Architecture
- Apartment
- Entry on the 1st floor
- Turnkey
- Flat Roof Shape
Interior Spaces
- 5,856 Sq Ft Home
- 2-Story Property
- Neighborhood Views
- Laundry Room
Kitchen
- Electric Oven
- Electric Range
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Bathrooms
Additional Features
- Exterior Lighting
- Central Heating and Cooling System
Listing and Financial Details
- 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
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/22/2026 04/22/26 | For Sale | $2,149,000 | -- | $367 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR26086739
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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