815 N Kenwood Street, Burbank, California 91505, Burbank, 91505 - 4 bed, 2 bath
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Burbank, California 91505
This Magnolia Park Duplex represents a High-Potential Investment Opportunity, listed at $1,100,000—positioned well above the $1,018,999 Fair Market Value. While the property requires modernization given its Condition Rating of 4, the New Roof (2025) and Dual-Unit Versatility provide a solid foundation for value-add strategies. Located in the Burbank Unified School District, this asset offers significant rental demand or multigenerational living potential. This is a compelling acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage a prime Burbank location for long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 815 N Kenwood Street Subject | $1,100,000* List Price | 4 | 2 | 1,562 | $652 | - |
A 1329 -1331 N Screenland Drive 1329-1331 Sold | $980,000 | 4 | 2 | 1,577 | $621 | 0.7 mi |
B 1238 N Kenwood Sold | $1,275,000 | 0 | 0 | 1,540 | $828 | 0.6 mi |
C 1329 -1331 N Screenland Drive 1329-1331 Sold | $980,000 | 0 | 0 | 1,577 | $621 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1940, this property is significantly dated and requires modernization. While it benefits from a new roof (2025), the kitchen and laundry areas show signs of wear and aging cabinetry, and the presence of window AC units suggests the lack of a modern central HVAC system.
Situated in one of Burbank's most desirable neighborhoods, the property offers high walkability to local boutiques and cafes, proximity to major studios, and access to the prestigious Burbank Unified School District.
Featuring two detached homes on a single lot, this duplex provides exceptional flexibility for owner-occupants to generate rental income or for investors seeking a high-demand multi-generational living setup.
The property features a brand-new roof installed in 2025, significantly reducing immediate maintenance costs and providing long-term structural protection for both residences.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
With a total of 1,562 square feet split between two homes, the individual units are relatively small, which may limit their appeal to tenants or buyers requiring more spacious interior living environments.
While the property boasts original character, the 'endless potential' and 'personal touch' phrasing suggests that significant interior modernization and cosmetic renovations are likely required to maximize market value.
Character, Charm & Opportunity - A Unique Duplex with Endless Potential!Rare Magnolia Park duplex featuring two separate homes on one lot (approx.. 6,750 sq. ft). Ideal for owner-users, investor, or multigenerational living arrangements. This is a great opportunity that offers flexibility to renovate, reimagine, or potentially occupy one home while generating rental income from the other in one of Burbank's most sought-after neighborhoods, the property benefits from the charm and convenience that define Magnolia Park known for its character homes, local boutiques, popular cafes, and close proximity to major studios and everyday amenities. The tree-lined street further enhance the property's appeal.Whether you are looking for a project with upside, a long-term income property, or a unique chance to own in a prime Burbank location, this is a compelling property in the Burbank Unified School District. Buyer to verify all property details, zoning, unit configuration, and development potential.Property-Wide Highlights: New Roof (2025) Two detached homes on one lot Approximately 6,750 sq. ft. lot Magnolia Park location Burbank Unified School District Separate outdoor spaces for each unit Garage Mature fruit trees813 N. Kenwood: (Front House)2 Bedrooms, 1 Bathroom, backyard, washer/dryer hook-ups and side carport. This home filled with timeless character features a welcoming front yard and a private backyard with endless possibilities.Inside, you'll find original hardwood floors, natural light and distinctive architectural details. The living room offers a cozy gathering space with decorative fireplace and large windows.The home features comfortable bedrooms, an efficient kitchen with generous storage, an indoor laundry area, and flexible living spaces ready for your personal touch. The side carport/driveway provides additional storage, workshop space, or future potential.Features; Spacious front yard Original hardwood flooring Decorative fireplace Indoor laundry area Character details throughout815 N. Kenwood: (Back House)2 Bedrooms plus a versatile bonus room 1 Bathroom, Backyard all around, Washer/dryer hook-ups and Garage.Tucked away at the rear of the property, this charming and private home offers the perfect blend of comfort, functionality, and character. Set behind the front residence, this detached unit enjoys a peaceful setting with its own outdoor space, mature landscaping, and a garage.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.5 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,562 | 2,060 |
| Lot Size | 6,750 | 7,096 |
| Price | $1.10M | $1.35M |
| Price per sq ft | $704 | $599 |
| Built year | 1940 | 1956 |
| HOA | $0 | $0 |
| Days on market | 35 | 79 |
Jun 17, 2026
$1,100,000
Initial Listing