1141 N Lima Street, Burbank, California 91505, Burbank, 91505 - 5 bed, 3 bath
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Burbank, California 91505
This Art Deco-Inspired Dual-Residence Sanctuary is a Move-in Ready masterpiece listed at $1,599,999. While positioned above the $1,466,299 Fair Market Value, the price reflects a Mint Condition Rating and extensive high-end upgrades. The property features a remodeled main home and a brand-new, permitted two-bedroom ADU within the prestigious Roosevelt Elementary School district. With quartz finishes and mountain views, this lifestyle-focused estate offers modern luxury and infrastructure. It is the perfect fit for Owner-Occupants or growing families seeking a polished Burbank retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1141 N Lima Street Subject | $1,599,999* List Price | 5 | 3 | 2,099 | $695 | - |
A 1809 N Rose Street Sold | $1,280,000 | 4 | 3 | 1,871 | $684 | 0.9 mi |
B 805 N Kemp Sold | $1,405,000 | 3 | 2 | 1,585 | $886 | 0.9 mi |
C 1216 N Valley Street Sold | $1,395,000 | 3 | 2 | 1,638 | $852 | 0.6 mi |
D 1741 N Rose Active | $1,295,000 List Price | 4 | 3 | 1,912 | $677 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive, high-end remodel within the last 5 years, including a brand-new permitted ADU. All major systems are updated with new copper plumbing, sewer lines, electric panels, and HVAC. The kitchen and bathrooms feature modern quartz finishes, stainless steel appliances, and contemporary tiling, meeting the criteria for mint condition with no immediate maintenance required.
The property features a brand-new, permitted 693 sq ft ADU with two bedrooms and a full kitchen, providing an excellent opportunity for rental income or a private multigenerational living setup.
Extensive high-value improvements including new copper plumbing, new sewer lines to the city connection, updated electrical panels, and dual EV charging outlets ensure long-term durability and modern convenience.
Situated in the heart of Magnolia Park within the prestigious Roosevelt Elementary School district, the home offers exceptional resale value and proximity to the Chandler Bike Path.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2099, other record living area = 1044. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
At 4,454 sq ft, the lot is relatively small for a property hosting two separate residential structures, which significantly limits private backyard space and garden area.
The list price of nearly $1.6M reflects a high price-per-square-foot for the land, which may be a deterrent for buyers seeking more expansive outdoor living or privacy between the main house and ADU.
Welcome to an exceptional Magnolia Park residence where timeless charm meets modern luxury in one of Burbank’s most sought-after neighborhoods. Thoughtfully reimagined and beautifully remodeled, this Art Deco–inspired home offers a rare blend of elegance, versatility, and income potential—perfect for today’s dynamic lifestyle. Spanning approximately 2,099 square feet, this property features a stunning main residence complemented by a fully permitted, private ADU—creating an ideal setup for multigenerational living, guest accommodations, or additional rental income. Inside, this stunning main home welcomes you with sunlit interiors, rich hardwood flooring, and an effortless open-concept layout designed for both everyday comfort and elevated entertaining. The chef’s kitchen is a true centerpiece, showcasing sleek quartz countertops, stainless steel appliances, and a spacious breakfast bar that seamlessly connects to the dining and living areas. The primary suite offers a serene retreat, complete with a walk-in closet and a spa-inspired ensuite bath featuring designer finishes and a walk-in shower. Thoughtful details such as crown molding, archways, recessed lighting, and custom touches throughout create a sense of refined sophistication while maintaining warmth and livability. Step outside to beautifully designed outdoor spaces where French doors open to inviting patios, lush landscaping, and multiple areas for entertaining, relaxing, or enjoying Southern California’s year-round sunshine. The New detached ADU is equally impressive, offering its own private entrance, full kitchen, spacious living area, and modern finishes—an incredible opportunity for passive income or flexible living arrangements. Extensive upgrades—including all new copper plumbing, new sewer lines to city connection, new electrical systems, energy-efficient features, and EV charging—ensure peace of mind while delivering modern convenience. Located in the highly desirable Roosevelt Elementary district and moments from parks, shopping, dining, and the beloved Chandler Bike Path, this home perfectly balances neighborhood charm with urban accessibility. Whether you're looking to grow your family, invest wisely, or simply enjoy elevated everyday living, this is a rare opportunity to own a truly turnkey property in the heart of Magnolia Park.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 92% |
| Baths | 3.0 | 2.0 | 76% |
| Square foot | 2,099 | 1,489 | 90% |
| Lot Size | 4,454 | 6,711 | 4% |
| Price | $1.60M | $1.20M | 84% |
| Price per sq ft | $762 | $842 | 37% |
| Built year | 1938 | 1941 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 124 | 8% |
Apr 27, 2026
$1,599,999
Initial Listing
Aug 12, 2024
$900,000
Public Record