615 Magnolia

Burbank, CA, 91501
For Sale $3,750,000
  • 16beds
  • 7,874sqft
  • 0.20acre
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.

Get in touch

Interested in this property or one like it? Reach out today to talk with advertising agent Shen Schulz.

Listed by:
Nancy Sanborn with Berkshire Hathaway HomeServices California Properties
(310) 777-7800
Brian Joy with Berkshire Hathaway HomeServices California Properties
(310) 777-7800
615 Magnolia is a Residential Income property located in Burbank, California, featuring a 0.200 acre lot, 7,874 sqft, 16 bedrooms, MLS #25626665.

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Data last modified: 2025-12-17 08:18:56