1505 N Rose Street, Burbank, California 91505, Burbank, 91505 - 3 bed, 2 bath

1505 N Rose Street, Burbank, California 91505 home-pic-0

1505 N Rose Street

Burbank, California 91505

ACTIVE UNDER CONTRACT
CONDITION: GOOD
3Beds
2Baths
1,162Sq Ft
6,000Lot Size

Property Price

LIST PRICE$950,000
EST. MARKET VALUE
$1,001,989
5% BelowMARKET VALUE

SUMMARY

Analysis of 1505 N Rose Street, Burbank, California 91505 reveals a Prime Investment Opportunity with a current list price of $950,000—significantly undercutting the $1,001,989 Fair Market Value by 5%. This valuation gap indicates a +$51,989 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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

$1,001,989 +$51,989 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Burbank.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1505 N Rose Street
Subject
$950,000*
List Price
321,162$862-
A
1434 N Rose Street
Sold
$1,135,000321,402$8100.2 mi
B
1710 N Evergreen Street
Sold
$970,000311,048$9260.3 mi
C
1532 N Niagara
Sold
$952,000321,101$8650.9 mi
D
1226 Pass Avenue N
Sold
$920,000211,138$8080.4 mi
E
830 N Kenwood Street
Sold
$1,235,000321,200$1,0290.9 mi
F
3211 W Jeffries Avenue
Sold
$1,080,000331,377$7840.7 mi
G
1343 N Whitnall Hwy
Active
$1,090,000
List Price
321,084$1,0060.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

This property is in good condition, largely due to significant recent updates. The kitchen was remodeled in 2023 with modern countertops and backsplash, and new flooring and a new roof were also installed in 2023, making it move-in ready. The main bathroom features a modern vanity, and double-pane windows were installed in 2009. While the home was built in 1941, these extensive renovations within the last 5 years bring its condition up considerably. The primary detractor is the unpermitted garage conversion, which is a functional and legal issue, but the overall physical condition of the living spaces, especially the kitchen and bathrooms, is well-maintained and updated.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Burbank Location

    Ideally situated near major studios, diverse shopping, dining options, and essential freeways, offering high convenience and desirability within a sought-after community.

  • Extensive Recent Upgrades

    Features a remodeled kitchen, new roof, and new flooring, all completed by a licensed contractor in 2023, significantly reducing immediate maintenance and enhancing appeal.

  • Spacious Outdoor Living

    Includes both a private front yard and a generous backyard, providing ample space for outdoor entertaining, gardening, or relaxation.

CONSRISKS & DEFICIENCIES

  • Unpermitted Garage Conversion

    The garage was converted into a room in 2021 without proper permits, which can lead to legal, financing, and insurance complications, and may require costly remediation or permitting.

  • Lack of Functional Garage

    Due to the unpermitted conversion, the property no longer provides a dedicated, functional garage for parking or storage, which can be a significant drawback for many buyers.

  • Age of Core Structure

    Despite recent cosmetic and major system updates, the home's original build year of 1941 suggests that some underlying infrastructure (e.g., plumbing, electrical beyond basic wiring) may still be older, potentially requiring future attention.

About 1505 N Rose Street

Welcome to this charming 3-bedroom, 2-bathroom home located in the heart of Burbank! Offering 1,162 sq ft of comfortable living space, this inviting residence features an attached 1-car garage, a private front yard, and a spacious backyard, perfect for outdoor entertaining or relaxing. Inside, enjoy an open and airy feel with recessed lighting, stylish laminate flooring, and mirrored closet doors that enhance both function and light. The home includes a convenient indoor laundry area and comes equipped with essential appliances for added ease. Some of the improvements made to the house include: a remodeled kitchen, a new roof, and new flooring, all installed in 2023 by a licensed contractor; a garage converted into a room without the proper permits in 2021; and double-pane windows installed by the city of Burbank in 2009. Ideally situated near studios, shopping, dining, and major freeways, this property combines comfort, convenience, and classic Burbank charm. A wonderful opportunity to own in one of the area's most desirable communities!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1941
Lot Size
6,000 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,1621,390.5
31%
Lot Size6,0006,400.5
36%
Price$950.0K$1.14M
27%
Price per sq ft$818$842
43%
Built year19411941
50%
HOA$0$0
50%
Days on market43174
5%

Pricing History

Listed for Sale

Jan 22, 2026

$950,000

Initial Listing

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