
Burbank, California 91505
This duplex presents a High-Potential Investment Opportunity with a List Price of $899,998—positioned above the $847,689 Fair Market Value. While the property requires a full rehab due to its Fair Condition Rating, the Magnolia Park location ensures consistent rental demand. The 1,120 sqft duplex configuration offers a versatile value-add asset for those looking to modernize dated interiors. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage a prime Burbank address through strategic renovation and long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1218 N Hollywood Way Subject | $899,998* List Price | 0 | 0 | 1,120 | $757 | - |
A 815 N Kenwood Street Active | $1,100,000 List Price | 4 | 2 | 1,562 | $704 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1948 and shows no evidence of recent renovations. The kitchen is significantly dated with worn, painted cabinetry and old tile work, likely exceeding 30 years in age. The presence of window AC units indicates a lack of modern central HVAC systems, and the interior finishes (flooring and walls) show substantial wear, necessitating a full rehab.
Situated in one of Burbank's most desirable and walkable neighborhoods, the property offers immediate proximity to popular boutiques, studios, and dining, ensuring high tenant demand and long-term value appreciation.
The duplex configuration with separate units (1BR/1BA and 2BR/1BA) provides flexible options for owner-occupants seeking rental income to offset a mortgage or investors looking for a turnkey multi-unit asset.
Family-owned for over 36 years, this well-maintained property reflects a history of consistent care and stability, offering a more reliable foundation compared to typical high-turnover investment properties.
At only 2,750 square feet, the lot is relatively small for a multi-unit property, which restricts private outdoor living space and limits future expansion or ADU potential.
With only 1,120 total square feet split between two residences, the individual units are quite small, which may limit appeal for tenants or owners seeking more spacious interior layouts.
Rare investment opportunity in the highly sought-after Magnolia Park neighborhood! Proudly family-owned for more than 36 years, this well-maintained duplex offers exceptional versatility for investors, owner-occupants, or multi-generational living. Situated on a 2,750 square foot lot with 1,120 square feet of living space, the property features two separate residences, each offering privacy and functionality. The front unit features 1 bedroom, 1 bathroom, and a private yard, creating an ideal outdoor retreat for relaxing, entertaining, or gardening. The rear unit offers 2 bedrooms and 1 bathroom with a comfortable and efficient floor plan designed for everyday living. A detached 2-car garage provides valuable off-street parking, additional storage, or potential future possibilities. Located in the heart of Magnolia Park, this property is just minutes from the neighborhood's popular boutiques, restaurants, coffee shops, parks, studios, and convenient transportation options. Whether you're looking to live in one unit while generating rental income from the other, accommodate extended family, or add a quality asset to your investment portfolio, this is a rare opportunity to own a property in one of the area's most desirable and established neighborhoods. With long-term ownership, an outstanding location, and flexible living arrangements, this duplex offers endless potential for its next owner.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,120 | 2,060 |
| Lot Size | 2,750 | 7,096 |
| Price | $900.0K | $1.35M |
| Price per sq ft | $804 | $599 |
| Built year | 1948 | 1956 |
| HOA | $0 | $0 |
| Days on market | 5 | 79 |
Jul 17, 2026
$899,998
Initial Listing