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$1,499,000
43 Days On Site

508 N Rosemary Lane
Burbank, CA 91505

Triplex|Pending
0
Beds
0
Total Baths
2,392
SqFt
$627
/SqFt
1944
Built
County:
Los Angeles
Listed by Mario Acosta of Berkshire Hathaway HomeServices California Properties [email protected]
Call Now: 604.512.1000
Is this the listing for you? We can help make it yours.
604.512.1000
508 N Rosemary Lane508 N Rosemary Lane508 N Rosemary Lane508 N Rosemary Lane
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Monthly Payment (Est.)

$6,839
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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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Listing Snapshot
Price 
$1,499,000
Days On Site 
43 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,392 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2495 Acres
Year Built 
1944
MLS® Number 
SR26148082
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoStatus changed to Pending
2 days agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.2495
Garage 
Yes
Garage Spaces 
3
Land Lease 
No
Number Of Stories 
1
Parking Spaces 
3
Property Sub Type 
Triplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2392
Water Source 
Public
Interior Features
Cooling 
Wall/Window Unit(s)
Fireplace Features 
None
Heating 
Wall Furnace
Laundry Features 
InsideSee Remarks
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Exterior Features
Lot Features 
Back Yard
Pool Features 
None
View 
Park/GreenbeltNeighborhood
Waterview 
Park/GreenbeltNeighborhood
Community Features
Building Access 
ground
Community Features 
Street LightsSidewalksPark
MLS Area 
610 - Burbank


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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