1304 N Griffith Park, Burbank, California 91506, Burbank, 91506 - 2 bed, 1 bath
1304 N Griffith Park
Burbank, California 91506
Property Price
SUMMARY
Analysis of 1304 N Griffith Park, Burbank, California 91506 reveals a property with a current list price of $1,200,000, which is 23% above the estimated $971,191 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1304 N Griffith Park Subject | $1,200,000* List Price | 2 | 1 | 800 | $1,214 | - |
A 1339 N Brighton Street Active | $989,000 List Price | 2 | 1 | 922 | $1,073 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1943 and sold 'as-is' with 'all faults,' this property is positioned as an investor project requiring substantial rehabilitation. The listing explicitly mentions an unfinished ADU and refuses loan or appraisal contingencies, indicating significant deferred maintenance and the need for major structural or system repairs.
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 = 9211, living area = 800.
- Prime Location
Situated in a highly desirable Burbank neighborhood within the reputable Burbank Unified school district, ensuring strong long-term property value and demand.
- Significant Lot Size
The expansive 9,211 square foot lot offers substantial room for expansion, redevelopment, or premium outdoor amenities, far exceeding the footprint of the current 800 square foot home.
CONSRISKS & DEFICIENCIES
- Restrictive Purchase Terms
The requirement for no loan or appraisal contingencies and an 'as-is' sale significantly limits the buyer pool to cash-heavy investors and complicates traditional financing.
- Immediate Capital Requirement
The property is sold with an unfinished ADU and in 'as-is' condition with all faults, necessitating a substantial upfront investment for construction and repairs.
About 1304 N Griffith Park
Great neighborhood. An investor dream, ADU is unfinished and sold “AS IS”. Property is being sold 'AS IS' in its current condition, bringing all offers. Please check with the city for all applicable... All cash offer price, if desired, buyer can obtain financing at best available rates, however, Seller will not entertain offers with a loan and/or appraisal contingencies. Sold AS IS and WHERE IS, with all faults, and without warranty, express or implied. Neither Seller nor Broker/Agents guarantee the accuracy of the square footage, lot size, permits or other information concerning the conditions or features of the Property. Buyer is advised to independently verify the accuracy of all information through personal inspections and with the appropriate professionals. Professional photos coming soon. Do not disturb the tenants .
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1943
- Lot Size
- 9,211 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 | 2.0 | 3.0 | 21% |
| Baths | 1.0 | 2.0 | 17% |
| Square foot | 800 | 1,581.5 | 2% |
| Lot Size | 9,211 | 6,750.5 | 96% |
| Price | $1.20M | $1.38M | 31% |
| Price per sq ft | $1.5K | $850 | 98% |
| Built year | 1943 | 1940 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 163 | 2% |
Pricing History
Listed for Sale
Feb 20, 2026
$1,200,000
Initial Listing
Sold
Jun 18, 2010
$350,000
Public Record