Est. cap rate

4.3%

Assumed rent, all units

$7,800/mo

Units

2

Price per unit

$550,000

Est. annual NOI

$46,800

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

4

Bathrooms

2

Building size

1,562 sqft

Lot size

6,750 sqft

Year built

1940

Garage spaces

1

Style

Contemporary

Heating

Natural Gas,Wall Furnace

Cooling

Wall/Window Unit(s)

Pool

None

View

None

Status

Active

Days on market

76

MLS #

243826214

About this property

Character, Charm & Opportunity - A Unique Duplex with Endless Potential!Rare Magnolia Park duplex featuring two separate homes on one lot (approx.. 6,750 sq. ft). The Front Unit can be delivered VACANT! Ideal for owner-users, investor, or multigenerational living arrangements. This is a great opportunity that offers flexibility to renovate, reimagine, or potentially occupy one home while generating rental income from the other in one of Burbank's most sought-after neighborhoods, the property benefits from the charm and convenience that define Magnolia Park known for its character homes, local boutiques, popular cafes, and close proximity to major studios and everyday amenities. The tree-lined street further enhance the property's appeal.This is a unique chance to own in a prime Burbank location, this is a compelling property in the Burbank Unified School District. Buyer to verify all property details, zoning, unit configuration, and development potential.Property-Wide Highlights: New Roof (2025) Two detached homes on one lot Approximately 6,750 sq. ft. lot Magnolia Park location Burbank Unified School District Separate outdoor spaces for each unit Garage Mature fruit trees813 N. Kenwood: (Front House)2 Bedrooms, 1 Bathroom, backyard, washer/dryer hook-ups and side carport. This home filled with timeless character features a welcoming front yard and a private backyard with endless possibilities.Inside, you'll find original hardwood floors, natural light and distinctive architectural details. The living room offers a cozy gathering space with decorative fireplace and large windows.The home features comfortable bedrooms, an efficient kitchen with generous storage, an indoor laundry area, and flexible living spaces ready for your personal touch. The side carport/driveway provides additional storage, workshop space, or future potential.Features; Spacious front yard Original hardwood flooring Decorative fireplace Indoor laundry area Character details throughout815 N. Kenwood: (Back House)2 Bedrooms plus a versatile bonus room 1 Bathroom, Backyard all around, Washer/dryer hook-ups and Garage.Tucked away at the rear of the property, this charming and private home offers the perfect blend of comfort, functionality, and character. Set behind the front residence, this detached unit enjoys a peaceful setting with its own outdoor space, mature landscaping, and a garage

Location

815 N Kenwood Street

Burbank, Los Angeles, CA, 91505