1218 N Hollywood Way Burbank, CA $ 899,998
1218 N Hollywood Way
$ 899,998
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1218 N Hollywood Way

Burbank, CA, 91505
$ 899,998
Baths1.0 Sq 1,120

Monthly Estimate*

$ 5,683

Listed by Brad Korb Real Estate Group
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Studio

Multi-Family Home for sale in Burbank, CA

for $899,998 with 1 full bath. This 1,120 square foot home was built in 1948 on a lot size of 0.0631.

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.

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Multi-Family Active

Price

$ 899,998

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0631

Year Built

1948

Town/City

Burbank

County/Region

Los Angeles

MLS | Web ID

BB26148335

Days on Market

3

Features
General
Sewer Public Sewer
Garage Spaces 2
Pool Features None
Year Built 1948
Property Subtype Duplex
Gross Income 44400
Community Features Curbs Street Lights Sidewalks
County Los Angeles
Net Operating Income 31647
Operating Expense 12753
Insurance Expense 771
New Construction false
Property Type Residential Income
Garage Y/N true
Special Listing Conditions Standard Trust
Status Active
Directions Cordova / Chandler
City Burbank
Entry Location living room
Senior Community Y/N false
Number Of Units Total 2
MLS Area 610 - Burbank
Lot Size Units Square Feet
Lot Size Square Feet 2750
Listing Terms Cash to New Loan
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 732
Additional Parcels Y/N false
Rent Control Y/N true
Virtual Tour https://www.tourfactory.com/idxr3248041
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 42
Property Sub Type Additional Duplex
Taxes 11250
Cap Rate 3.6
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Interior
Total Stories 1
Common Walls 1 Common Wall No One Above No One Below
Laundry Features None
Entry Level 1
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Exterior
Lot Features Front Yard
Water Source Public
Total Parking 2
Lot Size Area 2750
Number of Buildings 1
Building Area Total 1120
Lot Size Acres 0.0631
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded Features
List By
Brad Korb Real Estate Group

Broker

brad@bradkorb.com

Email

Affordability Calculator

$5,683
Per Month
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Monthly Principal & Interest
$5,683
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/18/2026$899,998 Listed Price

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1218 N Hollywood Way, Burbank, CA, 91505 is a Multi-Family Home for sale at $899,998 with 1,120 sqft and a lot size of 0.0631. 1218 N Hollywood Way is a studio with 1.0 baths and was built in 1948. The property's zip code is 91505 which is in Burbank, CA