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$3,750,000

  • For Sale
  • Active
  • Multi-Family
  • 16 Total Beds
  • Updated 1 day ago
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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.

Full Property Details for 615 E Magnolia Blvd

General

  • Price: $3,750,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 25626665
  • Updated: 1/14/2026
  • Added to Site: 37 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 12

Bedrooms

  • Total Bedrooms: 16

Additional Information

  • Other Features: None

Parking

  • Covered Spaces: 10
  • Garage Description: Controlled Entrance, Covered Parking, Uncovered, Gated

Location

  • Area: Burbank
  • County: Los Angeles
  • Driving Directions: North of Olive Ave, West of Kenneth Ave

Heating & Cooling

  • Cooling Type: Wall/Window
  • Heating Type: Wall

Structural Information

  • # Buildings: 1
  • Stories/Levels: 2
  • Square Feet: 7,874
  • Sq. Ft. Source: Assessor
  • Year Built: 1962
  • Year Built Source: Assessor

Unit Information

  • Units in Complex: 11
  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 21

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 5

  • Total Bathrooms: 1.5
  • Bedrooms: 2

Unit 6

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 7

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 8

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 9

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 10

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 11

  • Total Bathrooms: 1
  • Bedrooms: 2

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.1996
  • Lot Size: 8692
  • Lot Size Source: Assessor
  • Zoning: BUR4*

Financial Considerations

  • Price Per Sq. Ft.: $476.25
  • Assessment Year: 1962

Disclosures and Reports

  • Disclosures/Reports: As Is
  • APN: 2455-034-013

Listed by Berkshire Hathaway HomeServices California Propert, Nancy Sanborn and Berkshire Hathaway HomeServices California Propert, Brian Joy

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Listing agents

— 615 E Magnolia Blvd —

  • Nancy Sanborn

    Berkshire Hathaway HomeServices California Propert

  • Brian Joy

    Berkshire Hathaway HomeServices California Propert

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 615 E Magnolia Blvd

School District:Burbank Unified School District
NameGradesDistance
Ralph Emerson Elementary School
720 East Cypress Avenue, Burbank, CA 91501
K-50.1 mi
John Muir Middle School, Burbank, CA
1111 North Kenneth Road, Burbank, CA 91504
6-80.5 mi
Burbank High School
902 North 3rd Street, Burbank, CA 91502
9-120.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 615 E Magnolia Blvd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/09/2025
Listed
$3,750,000
167.86%
MLS
4/27/2006
Sold
$1,400,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 615 E Magnolia Blvd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,473
6%
$375,286
4%
2023
$5,139
4%
$360,928
2%
2022
$4,944
1%
$353,960
2%
2021
$4,875
1%
$347,129
1%
2020
$4,825
2%
$343,627
4%
2019
$4,711
3%
$331,498
2%
2018
$4,596
3%
$324,999
2%
2017
$4,472
5%
$318,628
2%
2016
$4,257
2%
$312,381
2%
2015
$4,186
-2%
$307,690
2%
2014
$4,254
1%
$301,663
—
2013
$4,225
—
$300,301
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

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NMLS#: 1598647

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Listed by Berkshire Hathaway HomeServices California Propert, Nancy Sanborn and Berkshire Hathaway HomeServices California Propert, Brian Joy

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615 E Magnolia Blvd, Burbank, CA 91501 (MLS# 25626665) is a Multi-Family property with units containing 16 bedrooms and 0 full bathrooms. 615 E Magnolia Blvd is currently listed for $3,750,000 and was received on December 09, 2025. Want to learn more about 615 E Magnolia Blvd? Do you have questions about finding other Multi-Family real estate for sale in Burbank? You can browse all Burbank real estate or contact a Coldwell Banker agent to request more information.

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