615 E Magnolia Blvd Burbank, CA 91501
Hillside District NeighborhoodEstimated payment $23,021/month
Highlights
- Gated Parking
- Ralph Emerson Elementary School Rated A-
- Controlled Entrance
About This Home
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 Agent
Berkshire Hathaway HomeServices California Properties License #00771096 Listed on: 01/05/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 8,692 Sq Ft Lot
Interior Spaces
- 7,874 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 16 Bedrooms
- 12 Bathrooms
Parking
- 2 Open Parking Spaces
- 12 Parking Spaces
- 10 Covered Spaces
- Covered Parking
- Gated Parking
- Controlled Entrance
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
Community Details
- 11 Units
Listing and Financial Details
- Assessor Parcel Number 2455-034-013
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/28/2026 01/28/26 | Price Changed | $3,650,000 | -2.7% | $464 / Sq Ft |
| 01/05/2026 01/05/26 | For Sale | $3,750,000 | 0.0% | $476 / Sq Ft |
| 12/30/2025 12/30/25 | Off Market | $3,750,000 | -- | -- |
| 12/09/2025 12/09/25 | For Sale | $3,750,000 | -- | $476 / Sq Ft |
Source: The MLS
MLS Number: 25626665
- 635 E Magnolia Blvd Unit B
- 645 E Magnolia Blvd Unit F
- 645 E Magnolia Blvd Unit C
- 330 N 5th St
- 456 E San Jose Ave Unit L
- 610 E Harvard Rd Unit 7
- 437 E Palm Ave Unit 308
- 621 E Olive Ave Unit 106
- 815 E Magnolia Blvd
- 900 E Palm Ave
- 470 E Angeleno Ave
- 638 E Tujunga Ave
- 718 E Walnut Ave
- 311 S Fifth St Unit D
- 201 E Angeleno Ave Unit 326
- 201 E Angeleno Ave Unit 426
- 201 E Angeleno Ave Unit 206
- 1025 E San Jose Ave
- 150 S San Fernando Blvd Unit 401
- 250 N First St Unit 415
- 620 E San Jose Ave
- 625 E Palm Ave Unit 204
- 525 E Magnolia Blvd
- 622 E Palm Ave Unit D
- 501 E Magnolia Blvd Unit 203
- 521 E Palm Ave
- 524 E Palm Ave Unit 8
- 733 E Palm Ave
- 634 E Harvard Rd
- 445 E Magnolia Blvd
- 530 E Harvard Rd
- 630 E Orange Grove Ave Unit A
- 430 E San Jose Ave Unit F
- 719 E Harvard Rd
- 600 E Olive Ave
- 842 E Cypress Ave
- 711 E Angeleno Ave Unit 102
- 450 E Olive Ave
- 220 S 7th St Unit A
- 430 N Bel Aire Dr