
Burbank, California 91506
This Character-Rich Burbank Duplex is a Strong Value Opportunity listed at $1,279,000—positioned well below the $1,369,150 Fair Market Value by 6%. This valuation gap provides $90,150 in Instant Equity for savvy buyers. While maintaining a Fair Condition Rating with vintage 1960s finishes, the dual-unit layout offers immense upside through cosmetic modernization. Located near Magnolia Park and major studios within the Burbank Unified district, this property is a premier asset for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors targeting high-demand rentals.
Property is moderate renovation needed.
The property is a well-maintained 1965 duplex that retains its original character, including 'vintage' kitchens with colorful tile counters and original hardwood floors. While functional and move-in ready, the interior finishes, appliances, and fixtures are dated and have not undergone a major renovation in over 20 years, fitting the criteria for fair condition.
This duplex configuration offers exceptional flexibility for owner-occupants seeking rental income to offset a mortgage or for investors looking for a high-demand multi-generational setup.
Situated in a highly sought-after neighborhood near Magnolia Park and major film studios, the property benefits from strong long-term appreciation and consistent tenant demand.
The separation between the front house and the rear unit above the garages, combined with individual laundry facilities for both, provides a level of privacy rarely found in standard duplexes.
The 'vintage' kitchen and original 1960s character, while charming, likely require significant capital investment for modern upgrades to achieve top-tier market rents.
With two full residences and a garage structure on a 6,075 sqft lot, the available yard space may feel constrained or require shared usage between tenants.
121-123 Myers Street presents a rare opportunity to own a charming Burbank duplex with flexibility for an owner-user, investor, or multigenerational setup. The front residence at 121 Myers is a 2-bedroom, 1-bath home filled with warmth, character, and timeless appeal. From the moment you arrive, the property welcomes you with classic curb appeal and a setting that feels distinctly residential and inviting. Inside, the main house unfolds with original hardwood floors, abundant natural light, and character-rich spaces that feel both comfortable and enduring. The living room is anchored by a handsome fireplace and opens into a dedicated dining room, where tray ceilings and soft natural light create a space that feels intimate and refined. Just beyond, the vintage kitchen is full of personality with colorful tile counters, generous cabinetry, and an easy connection to the separate laundry room for everyday convenience. Two well-proportioned bedrooms and one bath complete the main home, offering a layout that feels practical, bright, and full of classic Burbank charm. Adding to the appeal, the rear residence at 123 Myers is a 2-bedroom, 1-bath upper-level unit situated above the garages, creating an ideal setup for income, extended family, guests, or added flexibility. This separate unit includes its own family room, dining area, kitchen, and laundry area, making it feel complete and highly functional as an independent living space. The overall property offers the kind of versatility that is increasingly hard to find, whether you are looking to live in one unit and offset expenses, accommodate multiple households, or add a strong asset to your portfolio. The lot layout, garage structure, and separation between living spaces all contribute to the property’s unique appeal. Set on a quiet residential street in one of Burbank’s most beloved neighborhoods, 121-123 Myers enjoys close proximity to Magnolia Park, downtown Burbank, studios, shopping, dining, parks, and major commuter routes, while still offering the neighborhood feel that makes this area so consistently sought after. Altogether, this is a special opportunity to own a character-filled duplex with flexibility, income potential, and long-term upside in a prime Burbank location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,060 | 2,096 | 50% |
| Lot Size | 6,075 | 6,444.5 | 38% |
| Price | $1.28M | $1.28M | 50% |
| Price per sq ft | $621 | $671 | 50% |
| Built year | 1965 | 1946 | 88% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 217 | 13% |
Mar 13, 2026
$1,279,000
Initial Listing