508 N Rosemary Lane, Burbank, CA 91505
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
508 N Rosemary Lane,Burbank, CA 91505
$1,499,000
- - Beds
- - Baths
- 2,392 sq. ft.
- Multi-family
- Pending
Listed by: mario acosta
Office: berkshire hathaway homeservices california properties818-528-3200
MLS#:SR26148082
Source:CRMLS
Price summary
- Price:$1,499,000
- Price per sq. ft.:$626.67
About this home
A remarkable investment opportunity awaits at 508 N. Rosemary Lane in the highly sought-after Magnolia Park neighborhood of Burbank. This well-maintained triplex offers an exceptional combination of prime location, desirable unit mix, and strong income-generating potential, making it an ideal long-term hold or owner-user opportunity with meaningful rental income. Each of the three units features 2 Bedrooms and 1 Bathroom, along with separate utility meters and convenient in-unit laundry—highly desirable features for today’s rental market. The units have been tastefully remodeled over the past 10 years and thoughtfully maintained, providing attractive living spaces with solid cash flow. Additional property highlights include a shared 2-car garage plus a separate 1-car garage, all with alley access, along with important system upgrades including a newer roof, upgraded electrical panel, and re-lined sewer. The location further strengthens the investment profile, situated directly across from Verdugo Park and Aquatic Facility, offering tennis courts, playgrounds, picnic areas, and the Mary Alvord Recreation Center. Just a short stroll away, The Ranch at Hollywood & Verdugo provides convenient dining and shopping options, while nearby Burbank schools and major entertainment studios add to the area’s lasting tenant appeal. With a proven history of rental demand, strong neighborhood fundamentals, and versatile income potential, this is a rare opportunity to own a highly rentable multi-residential asset in one of Burbank’s most desirable locations....
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Home facts
- Year built:1944
- Listing ID #:SR26148082
- Added:91 day(s) ago
- Updated:October 08, 2026 at 08:47 AM
Rooms and interior
- Living area:2,392 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnance
Structure and exterior
- Year built:1944
- Building area:2,392 sq. ft.
- Lot area:0.25 Acres
- Lot Features:Back Yard, Near Park
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,499,000
- Price per sq. ft.:$626.67
Features and amenities
- Laundry features:Inside
Parking
- Total parking spaces:3
- Garage:Yes
- Garage spaces:3
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