$2,149,000
Discover an exceptional investment opportunity in the heart of Magnolia Park, one of Burbank’s most sought-after neighborhoods. 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 Park’s vibrant mix of popular restaurants, charming cafés, and unique boutique shops creates a lively, walkable community atmosphere. Renowned local favorites like Porto’s Bakery are nearby, adding to the area’s strong tenant appeal. With easy access to public transportation and major commuter routes, this property combines comfort, convenience, and long-term rental demand. Whether you’re expanding your portfolio or securing a stable income-producing asset, this Magnolia Park gem delivers on location, lifestyle, and value.
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Listed by Bill Toth with First Class Real Estate (818) 569-0210
Property Type
Apartment
Status
Active
MLS Number
SR26086739
Year Built
1964
Lot Size
6,486 sq ft