615 E Magnolia Blvd Burbank, CA 91501
Hillside District NeighborhoodEstimated payment $22,024/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 |
|---|---|---|---|---|
| 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 | 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
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© 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.
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