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615 E Magnolia BoulevardBurbank, CA 91501

For Sale

$3,750,000

Smart Buyer Rebate $37,500

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.

Listed by Nancy Sanborn

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License #00771096

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Berkshire Hathaway HomeServices California Properties

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310-777-2858

Listed by Brian Joy

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License #01324371

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Berkshire Hathaway HomeServices California Properties

Last updated December 10, 2025

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Source: CRMLS #25626665

Listing Facts

  • TypeMulti-family
  • NeighborhoodHillside District
  • Bedrooms16
  • Days on Prevu2
  • Size7,874 sqft
  • Price per sqft$476

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

12/09/2025
Listed by Berkshire Hathaway HomeServices California Properties
$3,750,000

Property Details for 615 E Magnolia Boulevard

Exterior

Construction

  • Number Of Units Total: 11
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1962

Measurements

  • Building Area Total: 7,874
  • Lot Size Acres: 0.19
  • Lot Size Area: 8,692
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 8,692
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.4
  • Gross Income: $278,056.00

Taxes

  • Parcel Number: 2455034013

Interior

Measurements

  • Living Area: 7,874
  • Living Area Source: Assessor

Rooms

  • Bathrooms Total Integer: 12
  • Bedrooms Total: 16

Parking

Parking

  • Open Parking Spaces: 2
  • Parking Features: Controlled Entrance, Covered, Gated, Uncovered
  • Parking Total: 12

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Wall Furnace
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 16 bedrooms in this multi-family home at 615 E Magnolia Boulevard.

Does this multi-family home have parking?

Yes, there are 12 parking spaces available for 615 E Magnolia Boulevard.

How does 615 E Magnolia Boulevard compare to other multi-family homes in Hillside District?

This multi-family home is listed 10% below the average price for multi-family homes in Hillside District and has been on the market for 58 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 7,874 sqft.

615 E Magnolia Boulevard is a 16-bedroom multi-family home for sale in Burbank CA 91501. On Prevu for 2 days at $3,750,000. This property features 7,874 square feet of living space, located in Hillside District. The median listing price for multi-family homes in this area is $1,595,000. Additional amenities include parking. Explore more multi-family home listings in Burbank.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.