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$2,149,000
Est. payment /mo
7 Beds
7 Baths
6,484 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26086739
Bedrooms 7
Lot Size 6,484 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Discover an exceptional investment opportunity in the heart of Magnolia Park, one of Burbanks most sought-after neighborhoods - close to Whitnall Highway Park and 1 block away from highly rated Roosevelt Elemtary School. This well-maintained 5-unit building offers spacious, oversized units in a desirable all-electric property, ideal for modern, efficient living. Tenants enjoy the convenience of off-street parking along with close proximity to major studios, making this location especially appealing to entertainment professionals. Just moments away, Magnolia Parks vibrant mix of popular restaurants, charming cafs, and unique boutique shops creates a lively, walkable community atmosphere. Renowned local favorites like Portos Bakery are nearby, adding to the areas strong tenant appeal. With easy access to public transportation and major commuter routes, this property combines comfort, convenience, and long-term rental demand. Whether youre expanding your portfolio or securing a stable income-producing asset, this Magnolia Park gem delivers on location, lifestyle, and value.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Hollywood Way and Clark
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 2480017027
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Bill Toth, DRE#01023622 First Class Real Estate
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