1083 E Fairmount, Burbank, California 91501, Burbank, 91501 - 3 bed, 2 bath
1083 E Fairmount
Burbank, California 91501
Property Price
SUMMARY
Analysis of 1083 E Fairmount, Burbank, California 91501 reveals a Fairly Priced Property with a current list price of $1,549,000 aligned with the estimated $1,578,362 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Burbank Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1083 E Fairmount Subject | $1,549,000* List Price | 3 | 2 | 1,427 | $1,106 | - |
A 1046 E Grinnell Drive Sold | $1,712,000 | 2 | 2 | 1,526 | $1,122 | 0.1 mi |
B 1000 San Jose Avenue Sold | $1,475,000 | 3 | 2 | 1,686 | $875 | 0.4 mi |
C 900 E Santa Anita Sold | $1,570,000 | 3 | 2 | 1,739 | $903 | 1.0 mi |
D 217 N Bel Aire Avenue Sold | $1,200,000 | 3 | 2 | 1,113 | $1,078 | 0.5 mi |
E 1067 E Magnolia Boulevard Sold | $1,300,000 | 2 | 1 | 1,148 | $1,132 | 0.4 mi |
F 1018 E Verdugo Avenue Sold | $1,365,000 | 2 | 1 | 1,128 | $1,210 | 0.9 mi |
G 815 E Magnolia Active | $1,450,000 List Price | 4 | 2 | 1,473 | $984 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1950, this home is exceptionally well-maintained and clean, but it lacks modern updates. The kitchen and bathrooms are functional but feature dated styles, including vintage tile work and older appliances. While the property benefits from hardwood floors and a central HVAC system, the overall interior condition reflects its original era rather than a recent renovation, fitting the criteria for a fair score.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7678, living area = 1427.
- Prime Burbank Hills Location
Situated on a desirable corner lot in the prestigious Burbank Hills, this property offers exceptional privacy and proximity to major film studios, parks, and top-tier dining.
- Generous Lot Size
The 7,678-square-foot lot provides significant outdoor space for entertaining and offers excellent potential for future expansion or the addition of an ADU.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7678, other record lot size in square feet = 7939.
- Limited Bathroom Count
With only 1.5 bathrooms serving a potential three-bedroom layout, the home may feel underserviced for modern family needs or guest hosting.
- High Price Per Square Foot
Listed at over $1,000 per square foot, the property commands a premium price that may require additional investment to modernize the 1950s interior to current luxury standards.
About 1083 E Fairmount
Nestled in the highly desirable Burbank Hills, this charming 2-bedroom with convertible den, 1.5 bathroom home offers an incredible opportunity in one of the area’s most sought-after neighborhoods. Ideally situated on the corner of Sunset Canyon, the property enjoys a prime location with picturesque surroundings and exceptional privacy. Inside, you’ll find a warm and inviting living space highlighted by a cozy fireplace—perfect for relaxing evenings at home. Central air and heat provide year-round comfort, while the functional layout offers excellent flow and natural light throughout. The home sits on a generously sized lot, offering plenty of outdoor space for entertaining, gardening, or future expansion possibilities. A detached 2-car garage adds convenience and ample storage. With its fantastic corner location in the Burbank Hills and close proximity to studios, parks, dining, and shopping, this property combines comfort, charm, and potential in one exceptional offering.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 7,678 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,427 | 1,952 | 24% |
| Lot Size | 7,678 | 8,357 | 38% |
| Price | $1.55M | $1.55M | 50% |
| Price per sq ft | $1.1K | $857 | 81% |
| Built year | 1950 | 1939 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 185 | 5% |
Pricing History
Listed for Sale
Feb 16, 2026
$1,549,000
Initial Listing