
Burbank, California 91505
Analysis of 1218 N Hollywood Way, Burbank, California 91505 is currently available with a list price of $839,938. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Burbank Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1948 and under the same family ownership for 36 years, the property shows significant signs of deferred maintenance and age. The kitchens and living areas are heavily dated with finishes likely exceeding 30 years old, including worn cabinetry and old tile. The presence of window AC units indicates a lack of modern central HVAC systems, and the overall interior condition suggests a need for a comprehensive rehab to meet current market standards.
Situated in one of Burbank's most desirable neighborhoods, this property offers high walkability to popular boutiques, studios, and dining, ensuring strong tenant demand and long-term appreciation.
The duplex configuration, featuring a 1BR/1BA front unit and a 2BR/1BA rear unit, provides flexible options for owner-occupants to 'house-hack' or for investors to maximize rental yields.
Family-owned for over 36 years, this well-maintained property reflects a level of care and stability that is rare in the investment market, potentially reducing immediate deferred maintenance costs.
At only 2,750 square feet, the lot is relatively small for a multi-unit property, which restricts outdoor living space and limits future expansion or ADU potential.
With a total of 1,120 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 | 1,991.667 |
| Lot Size | 2,750 | 6,647.667 |
| Price | $839.9K | $1.27M |
| Price per sq ft | $750 | $591 |
| Built year | 1948 | 1951 |
| HOA | $0 | $0 |
| Days on market | 27 | 62 |
Aug 13, 2026
$839,938
Initial Listing