632 E Magnolia Blvd
Burbank, CA 91501
Multifamily Property For Sale
·
5 Units
Property Facts
| No. Units | 5 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 3,650 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1924 |
| Building Class | C | Parking Ratio | 1.92/1,000 SF |
| Zoning | R4 | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 3,650 SF |
| No. Stories | 2 |
| Year Built | 1924 |
| Parking Ratio | 1.92/1,000 SF |
| Zoning | R4 |
Amenities
Unit Amenities
- Refrigerator
Site Amenities
- Recycling
About 632 E MAGNOLIA BLVD , BURBANK, CA 91501
KW Commercial is proud to represent this 5-unit apartment building in Burbank. The building was constructed in 1924. Its unit mix consists of (2) one-bedroom, one-bathroom units, (1) two-bedroom, one-bathroom units, (1) two-bedroom, two-bathroom, and a den units, and (1) single unit. With a lot size of 7,604 square feet, the property has a total of 3,650 rentable square feet. The property is located in Burbank, which is a highly desirable rental market and is known as the media capital of the world. It is home to Disney Studios, Warner Brothers, and NBC. The city has over 80 restaurants, 30 movie screens, and 200 stores; its residents enjoy top ranked schools, easy access to the 5 and 134 freeways, and close proximity to the Burbank Metro Link. The property is within walking distance to Glenoaks Blvd, which is lined with many restaurants and shops. The property has undergone several upgrades, including hardwood floors and central heat and air in the front house; all kitchens have been updated. The complex has copper plumbing and has upside in rents. The property is separately metered for gas and electricity.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 2 | - | - |
| 2+1 | 1 | - | - |
| 2+2 | 1 | - | - |
Property Taxes
| Parcel Number | 2455-031-004 | Improvements Assessment | $557,756 |
| Land Assessment | $1,338,620 | Total Assessment | $1,896,376 |
Property Taxes
