This unique investment property is located on a desirable street in Burbank's Magnolia Park! It is located close to Verdugo Park and within walking distance to all the quaint shops, restaurants, and coffee shops on Magnolia Blvd. You won't want to miss it! The building features (4) two bed / one bath units, (2) two-car shared garages, cute patio areas for several units, plus a large backyard area for the rear unit. Each unit has washer /dryer hookups. All units are tenant-occupied with strong rental income, so this is a perfect opportunity for an Investor who is looking for great tenants and a great property to invest in! This is a prime real estate opportunity!
Listed by Bill Toth
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License #01023622
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First Class Real Estate
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818-434-2110
Last updated February 12, 2025
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Source: CRMLS #SR24132670
Listing Facts
TypeMulti-family
NeighborhoodMagnolia Park
Days on Prevu436
Amenities
Parking
Location
Mortgage Calculator
Listing History
01/14/2025
Price Decreased
$1,979,000
12/19/2024
Price Increased
$1,999,000
12/19/2024
Price Decreased
$1,199,000
11/22/2024
Price Decreased
$2,029,000
09/13/2024
Price Decreased
$2,049,000
09/07/2024
Price Decreased
$2,079,000
08/16/2024
Price Decreased
$2,099,000
07/29/2024
Price Decreased
$2,129,000
06/28/2024
Listed by First Class Real Estate
$2,179,000
Property Details for 633 N Rosemary Lane
Association
Amenities
Community Features: Curbs, Storm Drain(s), Street Lights, Sidewalks
Exterior
Construction
Number Of Units Total: 4
Property Attached: Yes
Property Condition: Turnkey
Roof: Composition, Shingle
Stories: 1
Stories Total: 1
Year Built: 1944
Architectural Style: Traditional
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1
Features
Road Frontage Type: City Street
View: Neighborhood
Measurements
Building Area Total: 3,224
Building Area Units: Square Feet
Lot Features: Front Yard
Lot Size Acres: 0.26
Lot Size Area: 11,717
Lot Size Source: Assessor
Lot Size Square Feet: 11,717
Lot Size Units: Square Feet
Financial
Residential Income
Gross Income: $115,800.00
Taxes
Parcel Number: 2480022006
Interior
Features
Flooring: Wood
Other
General
Exclusions: any and all tenant-owned appliances
Location
Tax Lot: 27
Parking
Parking
Garage Spaces: 4
Garage: Yes
Parking Features: Garage, Garage Door Opener, Garage Faces Side
Parking Total: 4
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Has Cooling: Yes
Heating: Wall Furnace
Has Heating: Yes
Laundry Features: Inside
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Source: Public
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.
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.