1238 N Kenwood St, Burbank, CA, 91505

USD 1,399,000
For Sale MLS: DW26041441

Property Details

Bathrooms

2

Property Type

multi family

Description

Multi Family in Burbank, CA - Bedrooms: 0 - Bathrooms: 2 - Area: N/A - Year Built: 1944 - Lot: 5950 sqft

Listing Agent: Mazen Nabulsi Brokerage: 24 HOUR REAL ESTATE

Located in the heart of Magnolia Park, this exceptional duplex offers a rare opportunity to own an upgraded income property in one of Burbank's most desirable neighborhoods. Each unit spans approximately 800 square feet and features hardwood floors, open-concept living and dining areas, and generously sized bedrooms. Thoughtful upgrades throughout enhance both comfort and long-term value, making this property attractive to both owner-users and investors seeking stable rental income in a high-demand market. The exterior spaces are equally impressive. Professionally landscaped with drought-tolerant, water-wise plantings, the grounds are designed for sustainability and low maintenance. Tenants (or an owner-occupant) will appreciate the outdoor patio with fireplace-ideal for entertaining or relaxing evenings at home. A standout feature is the detached garage with ADU potential (buyer to verify). The structure is already complemented by an outdoor bathroom, laundry room, sauna, and abundant storage, including a separate outdoor shed. This flexible configuration creates multiple value-add possibilities-additional rental income, guest quarters, or creative workspace. For artists and content creators, the property includes a dedicated recording studio-an uncommon amenity that aligns perfectly with Burbank's creative culture. Location is a major driver of value. Situated near the charming boutiques and cafes of Magnolia Park, the property is also close to Verdugo Park and Verdugo Aquatic Facility, Theodore Roosevelt Elementary School, and major production hubs including Warner Bros. Studios and The Walt Disney Studios. This proximity to the entertainment industry supports strong tenant demand and long-term appreciation potential. Burbank itself offers a rare blend of small-town charm and economic strength. With its own police and fire departments, highly regarded schools, walkable neighborhoods, and vibrant local business community, it consistently ranks among the most sought-after cities in Los Angeles County. Residents enjoy a strong sense of community, convenient freeway access, and a dynamic employment base driven by media, technology, and creative industries. This Magnolia Park duplex combines upgraded interiors, flexible outdoor amenities, income potential, and prime location-an exceptional investment in one of Southern California's most stable and desirable rental markets. First Showing Starting on Friday, March 13th. Open Houses TBA.

Location

Address

1238 N Kenwood St, Burbank, CA, 91505

City

Burbank

Features and Finishes

Copper Plumbing Partial, Ceiling Fan(s), Pantry, Recessed Lighting, Copper Plumbing Full, Vacuum Central, Flooring: Carpet, Wood, Water Heater, Gas Range, Laundry Features: In Garage, Outside, Sauna, Walk-In Closet, Laundry, Workshop, All Bedrooms Down, Kitchen, Living Room, Family Room, Cooling Features: Whole House Fan, Heating Features: Floor Furnace, Heating: Yes, Full Bathrooms: 2, Sump Pump, Rain Gutters, Lighting, Fencing: Wood, Other Structures: Storage, Shed(s), Additional Parcels: No, Land Lease: No, Lot Description: Landscaped, 2-5 Units/Acre, Front Yard, Garden, Sprinkler System, Lot Size Acres: 0.1366, Lot Size Source: Assessor, Lot Size Square Feet: 5949, Garage Spaces: 2, Parking Features: Garage, Concrete, RV Access/Parking, Driveway Level, Driveway, Detached Carport, Garage - Two Door, Parking Total: 2, View: City Lights, Neighborhood, Association: No, Calculated Total Monthly Association Fees: 0, Gross Income: 7000, Gross Scheduled Income: 7000, Tenant Pays: Gas, Wate

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