1406 W Valleyheart, Burbank, California 91506, Burbank, 91506 - 5 bed, 4 bath
1406 W Valleyheart
Burbank, California 91506
Property Price
SUMMARY
Analysis of 1406 W Valleyheart, Burbank, California 91506 reveals a Prime Investment Opportunity with a current list price of $2,465,000—significantly undercutting the $2,593,089 Fair Market Value by 4%. This valuation gap indicates a +$128,089 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 |
|---|---|---|---|---|---|---|
★ 1406 W Valleyheart Subject | $2,465,000* List Price | 5 | 4 | 3,521 | $736 | - |
A 114 S Lamer Street Sold | $1,830,000 | 5 | 4 | 2,290 | $799 | 0.9 mi |
B 238 S Lincoln Street Sold | $1,750,000 | 4 | 5 | 2,628 | $666 | 0.8 mi |
C 1321 W Valleyheart Drive Active | $1,765,000 List Price | 3 | 3 | 2,289 | $771 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1950, the property has undergone extensive recent renovations within the last 5 years that meet current high-quality standards. Significant capital improvements include a new roof, solar panel system, EV charging, and $80,000 in new energy-efficient windows with electric blinds. The interior and exterior features, including a brand-new outdoor kitchen and upgraded equestrian facilities, indicate that all major components are virtually new with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Premier Equestrian Facilities
Located in Burbank’s coveted Rancho neighborhood, the property features upgraded three-stall horse stables and rare, direct private access to riding trails.
- Extensive Modern Upgrades
The home is equipped with high-value infrastructure including a solar panel system, EV charging, whole-home water filtration, and $80,000 in new energy-efficient windows.
- Versatile Living Space
A large game room with a private entrance offers significant flexibility to be converted into a second primary suite, an in-law unit, or a professional creative studio.
CONSRISKS & DEFICIENCIES
- Market Positioning
A recent price reduction of over $230,000 from the original list price may indicate initial overpricing or a longer-than-expected period on the market.
- Lot Coverage
With a 3,521 sqft structure and three horse stalls on a 9,615 sqft lot, the outdoor space may feel constrained for those seeking a traditional large backyard.
About 1406 W Valleyheart
This beautifully updated ranch home sits in the heart of Burbank’s Equestrian Rancho neighborhood. Designed by William Mellenthin, the home has been thoughtfully renovated with all the modern comforts one would want while keeping its original character intact. Recent upgrades include a new roof and gutters, solar panel system, whole-home water filtration/softener, EV charging and $80k new energy efficient windows with custom electric blinds. Out back, you’ll find a brand new BBQ and bar along with a fully equipped outdoor wet bar. Upgraded horse stables with 3 stalls and ample storage. with easy access to nearby riding trails and the equestrian center. Property features private, direct access to trails! Inside, there’s a large game room with its own private entrance that could easily become a second primary suite, an in-law unit, or an amazing work studio! Located just minutes from ABC and Disney Studios, this home offers a great mix of comfort, flexibility, and the unique lifestyle the Rancho is known for. Come see for yourself what makes this neighborhood so special! Click here for an immersive virtual tour! https://my.matterport.com/show/?m=rDZ5ATPRysL
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 9,615 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 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 | 5.0 | 3.0 | 90% |
| Baths | 4.0 | 2.0 | 85% |
| Square foot | 3,521 | 1,611 | 98% |
| Lot Size | 9,615 | 6,750.5 | 96% |
| Price | $2.46M | $1.39M | 96% |
| Price per sq ft | $700 | $843 | 17% |
| Built year | 1950 | 1940 | 77% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 163 | 4% |
Pricing History
Listed for Sale
Feb 27, 2026
$2,465,000
$2,699,000
-9% Price Drop
Initial Listing
Price Change
Jan 26, 2026
$2,699,000
Initial Listing