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815 E Magnolia, Burbank, California 91501, Burbank, 91501 - 4 bed, 2 bath

815 E Magnolia, Burbank, California 91501 home-pic-0
ACTIVE$1,399,000
815 E Magnolia, Burbank, California 91501
4Beds
2Baths
1,473Sqft
7,616Lot
Year Built
1923
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$950
HOA
-
Days on market
-
Sold On
-
MLS number
CV25255968
Home ConditionFair
Features
Good View: City Lights, Mountain(s)
Patio
ViewCity Lights,Mountain(s)

About this home

Great Deal:The estimated price is 9% above the list price. We found 4 Cons,6 Pros. Rank: price - $1.40M(42th), sqft - 1473(32th), beds - 4(65th), baths - 2(50th).

Location! Location! Location! Charming 4-bedroom, 2-bath single story home located in highly desirable Burbank neighborhood above Kenneth. Classic style with modern flexibility offers significant income potential. Living room with cozy fireplace, spacious rooms and an absolutely gorgeous remodeled kitchen featuring quartz countertops, soft close cabinetry and self contained Island. Rear patio for entertaining. Lengthy driveway allows for multi-usage including RV parking accompanied by a deep 20'x40' 2-car garage. Endless potential. Do Not Wait! Demand is High and Property is sure to sell QUICK!

Price History

Date
Event
Price
11/28/25
Listing
$1,399,000
Condition Rating
Fair
While the kitchen has been gorgeously remodeled with modern features like quartz countertops, soft-close cabinetry, and a self-contained island, the property was built in 1923. Other areas, such as the bedrooms, show older light fixtures and wood paneling, and a window AC unit confirms the absence of central air conditioning, which is a significant drawback. The overall condition suggests an aged home with some recent updates, but major systems and other areas likely require further modernization to meet current standards.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7616, living area = 1473.
Prime Location: Situated in a highly desirable Burbank neighborhood above Kenneth, offering excellent access and community appeal.
Remodeled Kitchen: Features an absolutely gorgeous remodeled kitchen with quartz countertops, soft-close cabinetry, and a self-contained island, providing a modern and functional heart to the home.
Income Potential: The property's classic style combined with modern flexibility offers significant income potential, appealing to investors or homeowners seeking supplemental revenue.
Extensive Parking & Garage: A lengthy driveway accommodates multi-usage, including RV parking, complemented by a deep 20'x40' 2-car garage, offering ample storage and vehicle space.
Scenic Views: Boasts desirable City Lights and Mountain views, enhancing the property's aesthetic appeal and value.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1473, other record living area = 978. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Age of Property & Unspecified System Updates: Built in 1923, the property's age suggests that while charming, major systems (e.g., plumbing, electrical, HVAC) beyond the kitchen may be original or require significant future investment, which is not detailed.
Absence of Central Air Conditioning: The description highlights a fireplace but makes no mention of a cooling system, which could be a significant drawback in California's climate.
Modest Square Footage per Bedroom: With 4 bedrooms in 1473 sqft, individual room sizes may be smaller than what some buyers expect, potentially impacting the perception of spaciousness for a larger family.

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