615 E Magnolia BL
Burbank, CA, 91501
$3,495,000
16 Beds
12 Baths
7,874 SqFt
0.2 Acres
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MLS #25626665 image #0
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.

Property Details

Price:
$3,495,000
MLS #:
25626665
Status:
Active
Beds:
16
Baths:
12
Type:
Single Family
Neighborhood:
610burbank
Listed Date:
Dec 9, 2025
Finished Sq Ft:
7,874
Total Sq Ft:
7,874
Lot Size:
8,692 sqft / 0.20 acres (approx)
Year Built:
1962
610 – Burbank610burbank

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Schools

Interior

Cooling
WW
Heating
WL

Exterior

Parking Spots
12

Financial

Gross Operating Income
$278,056
Net Operating Income
$202,650

Map

Community

Market Summary

Current real estate data for Single Family in Burbank as of Feb 23, 2026
192
Single Family Listed
67
Avg DOM
442
Avg $ / SqFt
$950,799
Avg List Price

Property Summary

    615 E Magnolia BL Burbank CA is a Single Family for sale in Burbank, CA, 91501. It is listed for $3,495,000 and features 16 beds, 12 baths, and has approximately 7,874 square feet of living space, and was originally constructed in 1962. The current price per square foot is $444. The average price per square foot for Single Family listings in Burbank is $442. The average listing price for Single Family in Burbank is $950,799.

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615 E Magnolia BL
Burbank, CA