1238 N Kenwood, Burbank, CA 91505 - Welcome to You-Jia "Cory" Kuo REALTOR®.

$1,320,000

PRICE ENHANCEMENT!! Located in the heart of Magnolia Park, this exceptional duplex offers a rare opportunity to own an upgraded income property inone of Burbank’s most desirable neighborhoods. Each unit spans approximately 800 square feet and features hardwood floors, open-concept living and dining areas, and generously sized bedrooms. Thoughtful upgrades… Read More throughout enhance both comfort and long-term value, making this property attractive to both owner-users and investors seeking stable rental income in a high-demand market. The exterior spaces are equally impressive. Professionally landscaped with drought-tolerant, water-wise plantings, the grounds are designed for sustainability and low maintenance. Tenants (or an owner-occupant) will appreciate the outdoor patio with fireplace—ideal for entertaining or relaxing evenings at home. A standout feature is the detached garage with ADU potential (buyer to verify). The structure is already complemented by an outdoor bathroom, laundry room, sauna, abundant storage, including a separate outdoor shed. This flexible configuration creates multiple value-add possibilities—additional rental income, guest quarters, or creative workspace. For artists and content creators, the property includes a dedicated recording studio—an uncommon amenity that aligns perfectly with Burbank’s creative culture. Location is a major driver of value. Situated near the charming boutiques and cafés of Magnolia Park, the property is also close to Verdugo Park and Verdugo Aquatic Facility, Theodore Roosevelt Elementary School, and major production hubs including Warner Bros. Studios and The Walt Disney Studios. This proximity to the entertainment industry supports strong tenant demand and long-term appreciation potential. Burbank itself offers a rare blend of small-town charm and economic strength. With its own police and fire departments, highly regarded schools, walkable neighborhoods, and vibrant local business community, it consistently ranks among the most sought-after cities in Los Angeles County. Residents enjoy a strong sense of community, convenient freeway access, and a dynamic employment base driven by media, technology, and creative industries. This Magnolia Park duplex combines upgraded interiors, flexible outdoor amenities, income potential, and prime location—an exceptional investment in one of Southern California’s most stable and desirable rental markets. Open Houses TBA. Read Less

Property listed by 24 Hour Real Estate, Mazen Nabulsi 310-866-7222

Listing Snapshot

Days Online

Last Updated

Apr 21, 2026

Property Type

Duplex

Lot Size

0.14 Acres

Year Built

1944

MLS Number

DW26041441

Additional Details

Appliances & Equipment

GasRange, WaterHeater, SumpPump

Building

Built in 1944, 1 building, 1 storey, Levels: One, Entry level: 2, Entry location: Front, Construction Materials: Stucco, CopperPlumbing

Community

StreetLights, Sidewalks

Cooling

WholeHouseFan

Expenses

Electric: $100, Insurance: $2,800, Operating: $900, Trash: $180

Exterior Features

Lighting, RainGutters

Fence

Wood

Fireplaces

None

Floors

Carpet, Wood

Foundation

ConcretePerimeter, Slab

Garage

2 spaces

Heating

FloorFurnace

Home Owner's Association

Association Fee: $0

Income

Gross Income: $7,000, Gross ScheduledIncome: $7,000, Net Operating Income: $6,100

Interior Features

CeilingFans, CentralVacuum, Pantry, RecessedLighting, AllBedroomsDown, WalkInClosets, Workshop

Laundry

InGarage, Outside, SeeRemarks

Lot

0.1366 acres, TwoToFiveUnitsAcre, FrontYard, Garden, Landscaped, SprinklerSystem

Parking

2 total parking spaces, Concrete, DoorMulti, DetachedCarport, DrivewayLevel, Driveway, Garage, RvAccessParking

Pool

None

Property

Turnkey, Other structures: Sheds, Storage, CityLights, Neighborhood

Roof

Shingle

Security Features

CarbonMonoxideDetectors, SmokeDetectors

Sewer

PublicSewer

Taxes

Additional parcels description:, Parcel Number: 2476002023, Tax Block: 2, Lot: 39

Tenant Pays

AllUtilities, CableTv, Electricity, Gas, Sewer, TrashCollection, Water

Utilities

CableAvailable, ElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable, Water Source: Public, Standard, 2 separate electric meters, 2 separate gas meters, 2 separate water meters

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