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Executive Summary

Discover an exceptional investment opportunity in the heart of Magnolia Park, one of Burbank’s most sought-after neighborhoods - close to Whitnall Highway Park and 1 block away from highly rated Roosevelt Elemtary School. This well-maintained 5-unit building offers spacious, oversized units in a desirable all-electric property, ideal for modern, efficient living.
Tenants enjoy the convenience of off-street parking along with close proximity to major studios, making this location especially appealing to entertainment professionals. Just moments away, Magnolia Park’s vibrant mix of popular restaurants, charming cafés, and unique boutique shops creates a lively, walkable community atmosphere. Renowned local favorites like Porto’s Bakery are nearby, adding to the area’s strong tenant appeal.
With easy access to public transportation and major commuter routes, this property combines comfort, convenience, and long-term rental demand. Whether you’re expanding your portfolio or securing a stable income-producing asset, this Magnolia Park gem delivers on location, lifestyle, and value.

Attachments

OM

Data Room Click Here to Access

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,943,507 CAD
Price Per Unit $588,701 CAD
Sale Type Investment
Cap Rate 5.08%
No. Units 5
Property Type
Multifamily
  • Multifamily Apartments
Lot Size 0.15 AC
Building Size 5,856 SF
Average Occupancy 100%
No. Stories 2
Year Built 1964

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 - -
2+2 3 - -
3+2 1 - -
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100
  • Listing ID: 40264997

  • Date on Market: 2026-04-23

  • Last Updated:

  • Address: 3650 W Clark Ave, Burbank, CA 91505

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