1130 North Maple Street is located in Magnolia Park, one of the
most desirable areas in Burbank. The neighborhood attracts buyers
looking for classic Southern California architecture, beautiful
tree-lined streets and a strong sense of community. Magnolia Park
offers a small-town feel while still being conveniently located
within the Los Angeles area.The home features a great floor plan
with a remodeled living room and kitchen, new cabinets, countertops
and appliances. Double-pane windows and abundant natural light
create a bright and comfortable setting throughout the home.The
primary bedroom is filled with natural light and features an
attached bathroom with double sinks and a tub-and-shower
combination. A sliding glass door leads directly from the primary
bedroom to the backyard. The home also includes two additional
bedrooms and two additional full bathrooms, providing flexibility
for guests, a home office or additional living space.A gated porte
cochere leads to the freestanding garage, which is privately
positioned toward the rear of the property. The garage has
electricity, with plumbing located in an adjacent area. The
detached garage and rear portion of the property can potentially
accommodate an ADU conversion of up to two levels, creating an
opportunity for additional living space or potential rental income.
Buyers should confirm all ADU and permitting requirements directly
with the City of Burbank.The backyard is truly magical, featuring
pavers, a covered therapeutic spa and beautiful landscaping. Raised
planter walls finished with stacked stone and caps create an
inviting outdoor setting, along with approximately five mature
fruit trees, including lemon, orange and grapefruit trees. The
backyard feels like a private getaway and can be accessed from two
areas of the home, including directly from the primary bedroom.With
a Walk Score of 80 and a Bike Score of 85, the property is
conveniently located near coffee shops, boutiques, restaurants and
neighborhood favorites such as Porto's Bakery. Magnolia Park also
hosts special community events, including Magnolia Park Night
Out.The property's flexible layout, detached garage, possible ADU
opportunity and highly desirable Burbank location make it an
interesting option for owner-occupants and investors seeking
long-term potential. Warner Bros., Disney and NBCUniversal are
nearby, along with major freeways and Hollywood Burbank
Airport.1130 N. Maple Street offers the opportunity to own a
private and inviting home in one of Burbank's most established
neighborhoods.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Appliances: Dishwasher, Electric Cooktop, Freezer, Disposal, Gas Water Heater, Portable Dishwasher, Range, Refrigerator, Range Hood, ElectricCooking, GasCooking
Flooring Type: Wood
Door Features: Sliding Doors
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Inside
Has Fireplace
Fireplace Features: Insert, Family Room, Free Standing, Wood Burning Stove
Window Features: Double Pane Windows, Solar Screens, CustomCoverings
Construction Materials: Adobe, Stucco
Patio and Porch Features: Front Porch, Patio, Brick, Open, Stone
Lot Features: Back Yard, Corners Marked, Sprinklers In Rear, Landscaped, Near Public Transit, DripIrrigationBubblers, Lawn, NearPark, SprinklerSystem, Walkstreet, Yard
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