1339 N Brighton Street, Burbank, California 91506, Burbank, 91506 - 2 bed, 1 bath

1339 N Brighton Street, Burbank, California 91506 home-pic-0
ACTIVE$989,000$922/sqft
Est. Value: $900,783
-8%
AboveEstimate
1339 N Brighton Street, Burbank, California 91506
2Beds
1Bath
922Sqft
7,134Lot

Price Vs. Estimate

The estimated value ($900,783.28) is $88,216.72 (8%) lower than the list price ($989,000). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 7134, living area = 922.
Top Cons:
Significant Renovation Required: Marketed as a 'fixer opportunity' needing 'TLC,' the property will require substantial investment in time and money to modernize and optimize its living spaces and systems.

Compared to the nearby listings

Price:$989.0K vs avg $1.38M ($-386,000)11%
Size:922 sqft vs avg 1,628 sqft7%
Price/sqft:$1.1K vs avg $84389%

More Insights

Built in 1941 (85 years old).
Condition: Built in 1941, this property is explicitly marketed as a 'fixer opportunity' needing 'significant renovation' and 'TLC.' While it benefits from updated copper plumbing and new dual-pane windows, the overall age suggests other original systems, finishes, and components, particularly the kitchen and bathroom, will require substantial investment to meet contemporary standards. No interior images are provided, but the description strongly indicates a need for extensive rehabilitation beyond minor updates.
Year Built
1941
Close
-
List price
$989K
Original List price
$989K
Price/Sqft
$1,073
HOA
-
Days on market
-
Sold On
-
MLS number
26639513
Home ConditionPoor
Features
Good View: Trees/Woods
ViewTrees/Woods

About this home

Great fixer opportunity in Burbank flats, needs some new TLC, whether a starter home or development play. Hardwood floors throughout with updated copper plumbing with new dual pane windows. Attached garage with large backyard to expand or build a separate dwelling (ADU). Definitely room to have a pool, spa or guest house. Ingress/Egress from back alley. 10-31 Exchange whereby no costs to Buyer.

J
Joseph Nahas
Listing Agent
Condition Rating
Poor

Built in 1941, this property is explicitly marketed as a 'fixer opportunity' needing 'significant renovation' and 'TLC.' While it benefits from updated copper plumbing and new dual-pane windows, the overall age suggests other original systems, finishes, and components, particularly the kitchen and bathroom, will require substantial investment to meet contemporary standards. No interior images are provided, but the description strongly indicates a need for extensive rehabilitation beyond minor updates.
Pros & Cons

Pros

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 = 7134, living area = 922.
Prime Burbank Location: Situated in the highly desirable Burbank flats, this property offers a sought-after address with strong community appeal and potential for appreciation.
Substantial Development Potential: A generous 7,134 sqft lot provides significant room for expansion, adding an Accessory Dwelling Unit (ADU), or creating luxury outdoor amenities such as a pool, spa, or guest house.
Key System Updates: The property benefits from updated copper plumbing and new dual-pane windows, addressing common concerns in older homes and reducing immediate capital expenditures for these critical systems.
Flexible Access: Convenient back alley ingress/egress offers enhanced privacy and potential for separate access for an ADU or additional parking solutions.
Classic Interior Foundation: Hardwood floors throughout the property provide a durable and aesthetically pleasing base, offering classic charm that can be restored or integrated into modern designs.

Cons

Significant Renovation Required: Marketed as a 'fixer opportunity' needing 'TLC,' the property will require substantial investment in time and money to modernize and optimize its living spaces and systems.
Limited Current Living Space: With only 922 sqft, 2 bedrooms, and 1 bathroom, the existing layout is compact, which may limit its immediate appeal for buyers seeking more expansive living areas without undertaking an expansion project.
Overall Property Age: Built in 1941, despite some key updates, the property's age suggests that other original systems, finishes, and components may require costly upgrades to meet contemporary standards and preferences.
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