1341 N Keystone ST new Save Request In-Person Tour Request Virtual Tour
Burbank,CA 91506
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD25114572
HOA Y/N No
Year Built 1947
Lot Size 5,375 Sqft
Property Sub-Type Apartment
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
Zoning BUR4*
Interior
Heating Central
Cooling Wall/Window Unit(s)
Flooring Laminate
Fireplace No
Laundry Common Area,Inside,In Garage
Exterior
Parking Features Garage
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Street Lights,Suburban,Sidewalks
Total Parking Spaces 6
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 2438018028
Energy Description 576.0
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard