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.
For sale
Listing Provided by:
Seda Stepanyan DRE #02222453 8189009121,
JohnHart Real Estate
$2,200,000
1341 N Keystone St, Burbank, CA 91506
7beds
6baths
3,700sqft
Est.:
Multi Family
Built in 1947
-- sqft lot
$2,098,600 Zestimate®
$595/sqft
$-- HOA
What's special
Double security doorsGarage parking
- 35 days
- on Zillow |
- 298 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: June 16, 2025 at 11:00am
Listing Provided by:
Seda Stepanyan DRE #02222453 8189009121,
JohnHart Real Estate
Source: CRMLS,MLS#: GD25114572
Originating MLS: California Regional MLS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
Heating
- Central
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Common Area, Inside, In Garage
Features
- Flooring: Laminate
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,700
- Total interior livable area: 3,700 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage
- Garage spaces: 6
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 5,376 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 2438018028
- Zoning: BUR4*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights, Suburban, Sidewalks
Location
- Region: Burbank
Financial & listing details
- Price per square foot: $595/sqft
- Date on market: 5/23/2025
- Listing terms: 1031 Exchange
- Total actual rent: 11265
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