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508 N Rosemary Lane

Burbank, CA 91505
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Bed 6

Bed

Bath 3

Bath

SqFt10,870

Sqft(Lot)

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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,499,000

AD Id : 87764764

MLS Id : SR26148082

Beds : 6

Lot Size : 10,870 Sqft

Year Built : 1944

Garage : 3

County : Los Angeles

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1944
    Building Area Total: 2392
    Pool Features: None
    Private Pool: No
    View: ParkGreenbelt, Neighborhood

  • Lot Information

    Main Square Feet: 10870 Lot Size Acres: 0.2495 Lot Size Source: Assessor Lot Size Square Feet: 10,870 Lot Description: BackYard,NearPark

  • Listing Price Information

    Listing Price: $1499000
    CashToNewLoan

  • Tax Information

    Parcel Number: 2480025003 Tax Lot: 3

  • Parking Information

    Parking Total: 3

    Garage Information

    Has Garage: Yes Garage Space: 3

  • Location Information

    Direction: Verdugo & Buena Vista WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3007 W Victory Boulevard, Burbank, CA, 91505 $1,000,000 4 2 1,660 1,660 SqFt
3009 W Victory Boulevard, Burbank, CA, 91505 $1,000,000 4 2 1,600 1,600 SqFt
3013 W Victory, Burbank, CA, 91505 $1,000,000 4 2 1,600 1,600 SqFt
1820 N Hollywood, Burbank, CA, 91505 $1,275,000 1 1 2,482 2,482 SqFt
1757 N Hollywood, Burbank, CA, 91505 $1,800,000 4 4 2,080 2,080 SqFt
1749 N Hollywood, Burbank, CA, 91505 $1,800,000 4 4 2,080 2,080 SqFt
815 N Kenwood Street, Burbank, CA, 91505 $1,100,000 4 2 1,562 1,562 SqFt

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ByOwner last updated this listing 07/22/2026 @ 22:46

MLS: SR26148082 LISTED BY: Mario Acosta, Berkshire Hathaway HomeServices California Properties 818-528-3200 SOURCE: CRMLS

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