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603 N Kenneth, Burbank, California 91501, Burbank, 91501 - bed, bath

603 N Kenneth, Burbank, California 91501 home-pic-0
ACTIVE$2,100,000
603 N Kenneth, Burbank, California 91501
0Bed
0Bath
5,488Sqft
7,881Lot
Year Built
1963
Close
-
List price
$2.1M
Original List price
$2.1M
Price/Sqft
$383
HOA
-
Days on market
-
Sold On
-
MLS number
BB25260237
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros.

Well-maintained two-story multifamily property in the highly desirable Burbank market. Spacious building offering multiple residential units, ideal for investors seeking stable rental income. Large 7,878 sq. ft. lot with potential for landscaping, amenities, or future expansion. Excellent location with convenient access to shopping, dining, entertainment, and major transportation routes. Strong rental market in Burbank with consistent demand for multifamily housing. Situated in the heart of Burbank, this property offers easy access to top-rated schools, local parks, and entertainment hubs. Close proximity to major freeways provides effortless connectivity to Los Angeles and surrounding areas. The neighborhood is highly sought after for its residential charm and stable rental demand. Ideal for investors seeking stable rental income and long-term appreciation. Opportunity to add value through upgrades, renovations, or repositioning. Attractive pricing in a competitive Burbank multifamily market. Full detailed OM with financials and rent roll available upon request.

Price History

Date
Event
Price
11/13/25
Listing
$2,100,000
Condition Rating
Fair
The property was built in 1963, making it over 60 years old. While the description states it is 'well-maintained,' it also explicitly mentions 'opportunity to add value through upgrades, renovations, or repositioning' and highlights 'aging infrastructure' as a weakness that 'could require significant capital expenditures.' The complete absence of interior images, particularly of kitchens and bathrooms, strongly suggests these areas are original or have received only minor, dated updates. The exterior appears maintained for its age, but the overall condition points to a property that is functional but outdated, requiring substantial renovation to meet modern standards and maximize rental income, aligning with a 'Fair' condition.
Pros & Cons

Pros

Premier Burbank Location: Situated in a highly desirable Burbank market, offering excellent access to amenities, top-rated schools, entertainment, and major transportation routes, ensuring strong tenant demand.
Robust Investment Opportunity: A multifamily property in a strong rental market with consistent demand, ideal for investors seeking stable income and long-term appreciation.
Significant Value-Add Potential: Explicitly offers opportunities for upgrades, renovations, or repositioning to enhance property value and maximize returns.
Generous Lot Size: Features a large 7,878 sq. ft. lot, providing potential for landscaping improvements, additional amenities, or future expansion.
Well-Maintained Condition: Described as a 'well-maintained' property, suggesting a good current state of repair and potentially lower immediate maintenance costs for an investor.

Cons

Property Age (1963 Build): Built in 1963, the property is over 60 years old, which may indicate aging infrastructure (plumbing, electrical, HVAC) that could require significant capital expenditures in the near future.
Limited Initial Financial Transparency: Key investment details such as the number of units, current rental income, and detailed financials are not provided in the initial listing, requiring a specific request for the Offering Memorandum.
Implied Renovation Investment: While offering value-add potential, this also implies that substantial capital investment for upgrades and renovations will likely be necessary to fully realize the property's income and appreciation potential.

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