1015 E Spazier Avenue 205, Burbank, California 91502, Burbank, 91502 - 3 bed, 2 bath
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Burbank, California 91502
This 3-bedroom condominium presents a High-Potential Investment Opportunity with a List Price of $689,000—positioned well below the $709,040 Fair Market Value by 2%. This valuation gap offers $20,040 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit offers a prime, walkable location in Downtown Burbank with private stairway access and dual patios. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a well-maintained, low-HOA residence in the Burbank Unified school district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1015 E Spazier Avenue 205 Subject | $669,000* List Price | 3 | 2 | 1,130 | $610 | - |
A 305 E Valencia Avenue R Sold | $635,000 | 2 | 3 | 927 | $685 | 0.2 mi |
B 326 E Valencia C Sold | $679,000 | 2 | 3 | 1,170 | $580 | 0.1 mi |
C 250 W Spazier Avenue 101 Sold | $632,000 | 2 | 2 | 880 | $718 | 0.7 mi |
D 250 N First Street 436 Sold | $745,000 | 2 | 2 | 1,052 | $708 | 0.9 mi |
E 201 E Angeleno Avenue 206 Sold | $819,000 | 2 | 2 | 1,270 | $645 | 0.7 mi |
F 300 E Providencia Avenue 103 Sold | $640,000 | 2 | 2 | 910 | $703 | 0.3 mi |
G 150 S San Fernando Sold | $850,000 | 2 | 2 | 1,530 | $556 | 0.7 mi |
H 300 E Providencia 205 Active Under Contract | $669,000 List Price | 2 | 2 | 950 | $704 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1990, this property is well-maintained and move-in ready. While the building is 34 years old, the kitchen features updated stone countertops and newer appliances, suggesting a renovation within the last 10-15 years. The interior shows clean carpets, functional HVAC systems, and no visible signs of deferred maintenance.
Situated in the heart of Downtown Burbank, the property offers exceptional walkability to Trader Joe's, IKEA, and numerous dining options, providing a high-convenience lifestyle.
With monthly HOA dues of only $228, this property offers significant long-term value and lower carrying costs compared to similar 3-bedroom condominiums in the area.
The unit features a rare private, unshared stairway access and dual patios, offering a sense of seclusion and indoor-outdoor living typically found in larger townhomes.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
At 1,130 square feet for a three-bedroom layout, the individual room sizes may feel constrained for buyers requiring more spacious living areas.
Built in 1990 with no mention of recent interior upgrades, the property may require additional capital investment to modernize finishes to meet current market standards.
Urban living, Downtown Burbank style! This beautiful 3-bedroom, 2-bathroom upstairs condo is located in a small, well-maintained 11-unit complex with low HOA dues. Offering an exceptional level of privacy, the home features its own unshared stairway access and both front and back private patios. Embrace a lifestyle of low car dependence in an unbeatable location adjacent to Trader Joe's, Walgreens, IKEA, and countless premier dining, shopping, and entertainment options. Perfect for families, the property also grants access to the highly regarded Burbank School District. Additional conveniences include two assigned parking spaces in a secure subterranean garage and extra storage. Combining comfort, convenience, and a prime location, this is a rare opportunity to own in one of Burbank's most desirable neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,130 | 1,144 |
| Lot Size | 8,392 | 23,554.5 |
| Price | $669.0K | $712.4K |
| Price per sq ft | $592 | $595 |
| Built year | 1990 | 1983 |
| HOA | $228.0 | $430 |
| Days on market | 40 | 54 |
Jul 17, 2026
$669,000
$689,000
-3% Price Drop
Initial Listing
Jun 12, 2026
$689,000
Initial Listing
Dec 27, 2012
$323,500
Public Record
Oct 2, 2012
$247,500
Public Record