Arthur Ambarchyan
Responds Quickly
Keller Williams R. E. Services
(747) 271-1402
79 Total Sales
4 in Hillside District
$1.4M - $3.8M Price Range
615 E Magnolia Blvd Burbank, CA 91501
Hillside District Neighborhood
16
Beds
12
Baths
7,874
Sq Ft
8,692
Sq Ft Lot
About This Home
As of May 2026615 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.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices California Properties License #00771096 Listed on: 01/05/2026
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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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hillside District, CA
-
Arthur Ambarchyan
-
'Vic' Vartan Markarian
'Vic' Vartan Markarian
Markarian Realty
(626) 240-5877
116 Total Sales
4 in Hillside District
$900K - $1.5M Price Range
-
David Nalbandyan
David Nalbandyan
LA Premier Realty
(747) 277-0134
83 Total Sales
4 in Hillside District
$525K - $1.6M Price Range
-
Tigran Ghazaryan
Tigran Ghazaryan
Groves Capital, Inc.
(424) 283-8862
10 Total Sales
2 in Hillside District
$1M - $1.2M Price Range
-
Mayra Santana
Mayra Santana
Sunrise Dream Realty, Inc.
(747) 294-4051
63 Total Sales
1 in Hillside District
$1,525,000 Price
-
Max Gonzalez
Max Gonzalez
Buena Vista Realty
(323) 694-2948
63 Total Sales
1 in Hillside District
$905,000 Price
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 |
|---|---|---|---|---|
| 05/12/2026 05/12/26 | Sold | $3,000,000 | -14.2% | $381 / Sq Ft |
| 03/11/2026 03/11/26 | Pending | -- | -- | -- |
| 02/10/2026 02/10/26 | Price Changed | $3,495,000 | -4.2% | $444 / 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 | +25.0% | $476 / Sq Ft |
| 12/30/2025 12/30/25 | Off Market | $3,000,000 | -- | -- |
| 12/09/2025 12/09/25 | For Sale | $3,750,000 | -- | $476 / Sq Ft |
Source: The MLS
Agents Affiliated with this Home
-
Nancy Sanborn
Seller's Agent in 2026
Nancy Sanborn
Berkshire Hathaway HomeServices California Properties
(310) 777-7800
1 in this area
217 Total Sales
-
Brian Joy
Seller Co-Listing Agent in 2026
Brian Joy
Berkshire Hathaway HomeServices California Properties
(818) 590-7303
1 in this area
197 Total Sales
-
Koko Polosajian
Buyer's Agent in 2026
Koko Polosajian
Standard Home Realty
(310) 350-0306
1 in this area
10 Total Sales
Map
Source: The MLS
MLS Number: 25626665
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.
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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