815 E Magnolia, Burbank, California 91501, Burbank, 91501 - 4 bed, 2 bath
815 E Magnolia
Burbank, California 91501
Property Price
SUMMARY
Analysis of 815 E Magnolia, Burbank, California 91501 reveals a Fairly Priced Property with a current list price of $1,450,000 aligned with the estimated $1,450,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 815 E Magnolia Subject | $1,450,000* List Price | 4 | 2 | 1,473 | $984 | - |
A 900 E Santa Anita Sold | $1,570,000 | 3 | 2 | 1,739 | $903 | 0.6 mi |
B 1018 E Verdugo Avenue Sold | $1,365,000 | 2 | 1 | 1,128 | $1,210 | 0.5 mi |
C 938 E Palm Avenue Sold | $1,495,000 | 3 | 3 | 1,657 | $902 | 0.2 mi |
D 310 S Bel Aire Drive Sold | $1,225,000 | 2 | 1 | 1,002 | $1,223 | 0.5 mi |
E 900 E Palm Avenue Active Under Contract | $1,699,000 List Price | 3 | 2 | 1,830 | $928 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation, featuring a modern kitchen with quartz countertops, stainless steel appliances, and soft-close cabinetry. The interior boasts updated flooring, recessed lighting, and remodeled bathrooms, presenting a move-in ready condition that meets current quality standards despite the original 1923 construction.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7616, living area = 1473.
- Prime Location
Situated in the highly coveted Burbank neighborhood 'above Kenneth,' this property offers a prestigious address with mountain views and proximity to top-rated schools.
- Dual-Living & Income Potential
The configuration of a 3-bedroom main house plus a separate 1-bedroom guest house provides immediate flexibility for multi-generational living or rental income.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1473, other record living area = 978. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
- Low Bathroom-to-Bedroom Ratio
The main residence contains three bedrooms but only one bathroom, which may be a significant drawback for modern families and high-end buyers.
- Century-Old Infrastructure
Built in 1923, the property may possess aging structural or mechanical systems that require costly updates beyond the visible cosmetic kitchen remodel.
About 815 E Magnolia
Location! Location! Location! Combined 4-bedroom, 2-bath single story home located in highly desirable Burbank neighborhood above Kenneth. Classic style with modern flexibility offers significant income potential. Front house boasts 3 bedrooms and 1 bathroom including a living room with cozy fireplace, spacious bedrooms and an absolutely gorgeous remodeled kitchen featuring quartz countertops, soft close cabinetry and self contained Island. Guest house has a spacious 1 bedroom,1 bathroom, living room, dining area and kitchen. Spacious Rear patio for entertaining. Lengthy driveway allows for multi-use including RV parking accompanied by a deep 20' x 40' 2-car garage or potential ADU? Do Not Wait! Demand is High and Property is sure to sell QUICK!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1923
- Lot Size
- 7,616 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,473 | 1,952 | 24% |
| Lot Size | 7,616 | 8,357 | 33% |
| Price | $1.45M | $1.50M | 43% |
| Price per sq ft | $984 | $857 | 71% |
| Built year | 1923 | 1938 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 98 | 185 | 10% |
Pricing History
Listed for Sale
Dec 27, 2025
$1,450,000
$1,399,000
+4% Price Increase
Initial Listing
Price Change
Nov 28, 2025
$1,399,000
Initial Listing