6
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$2,200,000
Est. payment /mo
3,700 SqFt
New
1341 N Keystone Street Burbank, CA 91506
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,700 sqft
Price per Sqft $594
MLS Listing ID CRGD25114572
HOA Y/N No
Year Built 1947
Lot Size 5,376 Sqft
Acres 0.12
Property Sub-Type Other
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
Zoning BUR4
Interior
Heating Other
Cooling Wall/Window Unit(s)
Flooring Laminate
Fireplace No
Laundry In Garage, Other, Inside
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 2438018028
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Listed by Seda Stepanyan • JohnHart Real Estate