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Listed by Seda Stepanyan • JohnHart Real Estate
$ 2,200,000
Est. payment /mo
Active
1341 North Keystone Street Burbank, CA 91506
3,700 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 3,700 sqft
Price per Sqft $594
MLS Listing ID GD-25114572
Year Built 1947
Lot Size 5,376 Sqft
Property Sub-Type Apartment
Property Description
Roof replaced in 2024 with four years of prepaid maintenance included, plus brand-new flooring installed in all units -- this turn-key Burbank multi-family property is ready for your portfolio. This well-maintained five-unit building blends long-term stability with real upside. Featuring two updated 2-bedroom units (one with 1 bath, one with 1.5) and three 1-bedroom, 1-bath units, the property offers a strong income stream from fully occupied units -- four on flexible month-to-month terms and one under lease. Recent capital improvements and steady tenant demand make this a low-maintenance, high-potential investment in a prime Burbank location. Each unit includes garage parking (one rented separately for added income), with window A/C, double security doors, and professionally managed laundry services on-site. Located in the heart of Magnolia Park, tenants enjoy walking access to Warner Bros., Disney, local shops, top-rated schools, and the Chandler Bike Path -- a major draw for renters seeking convenience, charm, and community. Whether you're looking to hold, improve rents, or explore future redevelopment, this is a rare chance to own a cash-flowing asset in one of Burbank's most sought-after neighborhoods.
Location
State CA
County Los Angeles
Area 610 - Burbank
Zoning BUR4*
Interior
Heating Central
Flooring Laminate
Laundry Common Area, In Garage, Inside
Exterior
Parking Features Garage
Garage Spaces 6.0
Pool None
Community Features Sidewalks, Street Lights, Suburban
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944