1304 N Griffith Park, Burbank, California 91506, Burbank, 91506 - 2 bed, 1 bath
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Burbank, California 91506
This Burbank Value-Add Asset represents a strategic acquisition in the 91506 area, currently listed at $1,150,000. While the Fair Market Value is $925,426, the property’s primary appeal lies in its massive 9,211 Square Foot Lot and Unfinished ADU, offering a clear path to forced appreciation through completion and expansion. The home carries a Condition Rating of 5 and requires an all-cash, "as-is" purchase with no contingencies. Situated in the prestigious Burbank Unified School District, this project is perfectly suited for Fix-and-Flip Investors or Developers looking to maximize density in a prime neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1304 N Griffith Park Subject | $950,000* List Price | 2 | 1 | 800 | $1,188 | - |
A 338 N Mariposa Sold | $970,000 | 2 | 2 | 940 | $1,032 | 0.9 mi |
B 702 N Reese Place Sold | $1,225,000 | 2 | 1 | 1,020 | $1,201 | 0.7 mi |
C 1339 N Brighton Street Pending | $989,000 List Price | 2 | 1 | 922 | $1,073 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
Situated in a highly desirable Burbank neighborhood within the reputable Burbank Unified school district, ensuring strong long-term property value and demand.
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.
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.
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.
HUGE REDUCTION OF $250,000. This two-bedroom, one-bath single family home is perfect for investors or first-time home buyers looking to remodel, expand, or modernize in a great neighborhood with top schools, shopping, and fine dining. It has a newer roof; it offers a large backyard to accommodate ADUs for those looking to enhance the value of their property for a potential rental income.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 27% |
| Baths | 1.0 | 2.0 | 25% |
| Square foot | 800 | 1,550 | 6% |
| Lot Size | 9,211 | 6,750 | 94% |
| Price | $950.0K | $1.31M | 8% |
| Price per sq ft | $1.2K | $873 | 94% |
| Built year | 1943 | 1941 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 106 | 123 | 43% |
Apr 8, 2026
$950,000
$1,150,000
-17% Price Drop
Initial Listing
Mar 5, 2026
$1,150,000
$1,200,000
-4% Price Drop
Initial Listing
Feb 20, 2026
$1,200,000
Initial Listing
Jun 18, 2010
$350,000
Public Record