1515 Grismer Avenue 102, Burbank, California 91504, Burbank, 91504 - 2 bed, 2 bath
1515 Grismer Avenue 102
Burbank, California 91504
Property Price
SUMMARY
Analysis of 1515 Grismer Avenue 102, Burbank, California 91504 is currently available with a list price of $637,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property was built in 2007 and has been recently remodeled, featuring new laminate flooring, a renovated kitchen with modern appliances, and upgraded bathrooms. The open-concept layout, high ceilings, and recessed lighting contribute to a good overall condition. While not brand new, the updates and maintenance suggest it is move-in ready with minimal immediate needs. The kitchen appliances appear functional and relatively modern, and the bathrooms have been updated with tiled flooring and a stand-up shower. The presence of central air conditioning is not explicitly mentioned, which is a minor drawback, but the overall condition aligns with the 'good' category.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Burbank Location
Situated in the desirable city of Burbank, this condominium offers proximity to major studios (Burbank Studios), the Empire Center, and downtown Burbank's vibrant dining and shopping scene, enhancing its appeal and convenience.
- Recently Remodeled Interior
The property boasts a recently remodeled interior featuring an open-concept layout, high ceilings, recessed lighting, a renovated kitchen, and new laminate flooring, providing a modern and move-in ready living experience.
- Two Upgraded Bathrooms
Both bathrooms have been upgraded with tiled flooring, bathtubs, and a stand-up shower, offering enhanced comfort and aesthetic appeal.
CONSRISKS & DEFICIENCIES
- Condominium Association Fees
The monthly association fee of $498.00 needs to be factored into the overall cost of ownership, which may be a consideration for some buyers.
- No Mention of Air Conditioning
The property description does not explicitly mention an air conditioning system, which could be a significant drawback in warmer climates.
- Potential for HOA Rule Restrictions
As a condominium, buyers may be subject to HOA rules and regulations regarding renovations, pet policies, and other lifestyle aspects.
About 1515 Grismer Avenue 102
Welcome to 1515 Grismer Ave., Unit #102, Burbank, CA 91504. This bright and luxurious 2-bedroom, 2-bathroom condominium offers 1,020 sq ft in the desirable and prestigious city of Burbank. You’ll find a recently remodeled home with an open-concept layout that features modern living, high ceilings, recessed lighting, a renovated kitchen, and new laminate flooring throughout. The two upgraded bathrooms include tiled flooring, bathtubs, and a stand-up shower. Additional amenities include a private balcony, an in-unit washer and dryer hookups, two parking spaces, and extra assigned storage in the parking area. Its prime location is near Burbank Studios, the Empire Center, and downtown Burbank’s exclusive dining and shopping.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2007
- Lot Size
- 10,922 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $498.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 3.0 | 30% |
| Square foot | 1,020 | 1,244 | 10% |
| Lot Size | 10,922 | 95,611 | 10% |
| Price | $637.0K | $644.5K | 50% |
| Price per sq ft | $625 | $521 | 90% |
| Built year | 2007 | 1980 | 90% |
| HOA | $498.0 | $725 | 20% |
| Days on market | 81 | 160 | 20% |
Pricing History
Listed for Sale
Jan 5, 2026
$637,000
$639,000
+0% Price Increase
Initial Listing
Price Change
Dec 15, 2025
$639,000
Initial Listing
Sold
Nov 17, 2008
$359,000
Public Record