1341 N Keystone ST new

Burbank,CA 91506

$ 2200000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRGD25114572

Year Built 1947

Lot Size 5,376 Sqft

Source California Regional MLS

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

Interior

Heating Central Forced Air

Cooling Window / Wall Unit

Flooring Laminate

Laundry In Garage,Laundry Area,Other,Washer/Dryer - Leased

Exterior

Parking Features Garage

Garage Spaces 6.0

Pool None

Building

Water District - Public

Others

Tax ID 2438018028

Special Listing Condition Not Applicable

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