1515 Grismer Avenue 302, Burbank, California 91504, Burbank, 91504 - 2 bed, 2 bath

1515 Grismer Avenue 302, Burbank, California 91504 home-pic-0
ACTIVE$649,000
1515 Grismer Avenue 302, Burbank, California 91504
2Beds
2Baths
1,020Sqft
10,922Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Burbank Location: Ideally situated just minutes from Burbank Studios, the Empire Center, Downtown Burbank, shopping, dining, entertainment, transportation, the Civic Center, and Burbank Airport, offering exceptional convenience and accessibility.
Top Cons:
Requires TLC: The property description explicitly states 'Needs some TLC!', indicating potential immediate maintenance, repairs, or upgrades required by the buyer.

Compared to the nearby listings

Price:$649.0K vs avg $612.5K (+$36,500)60%
Size:1,020 sqft vs avg 1,235.5 sqft20%
Price/sqft:$636 vs avg $50790%

More Insights

Built in 2007 (18 years old).
Condition: The property, built in 2007, is 17 years old. While functional, the listing explicitly states it 'Needs some TLC.' The images confirm this, showing worn carpets throughout and kitchens/bathrooms with original 2007 finishes, including light wood cabinets, granite countertops, and tiled floors that appear dated by current standards. Appliances are functional but not new. It requires minor updates and repairs to refresh its aesthetic and address wear and tear, aligning with the 'Fair' condition criteria.
Year Built
2007
Close
-
List price
$649K
Original List price
$670K
Price/Sqft
$636
HOA
$498
Days on market
-
Sold On
-
MLS number
GD25250649
Home ConditionFair
Features
Good View: City Lights, Mountain(s), Neighborhood
Deck
ViewCity Lights,Mountain(s),Neighborhood

About this home

Beautiful Corner Unit Top Floor in Prime Burbank Location! Stylish 2-bedroom, 2-bath front corner unit featuring high ceilings, a private balcony, and fantastic views. Enjoy a modern kitchen with granite countertops, recessed lighting, and tiled bathrooms . Convenient in-unit washer and dryer hookups, two parking spaces, an elevator, and a sun deck add to the appeal. Needs some TLC! Ideally situated just minutes from Burbank Studios, the Empire Center, Downtown Burbank, shopping, dining, entertainment, transportation, the Civic Center, and Burbank Airport. This is the perfect blend of comfort, style, and convenience — a must-see!

Condition Rating
Fair

The property, built in 2007, is 17 years old. While functional, the listing explicitly states it 'Needs some TLC.' The images confirm this, showing worn carpets throughout and kitchens/bathrooms with original 2007 finishes, including light wood cabinets, granite countertops, and tiled floors that appear dated by current standards. Appliances are functional but not new. It requires minor updates and repairs to refresh its aesthetic and address wear and tear, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Prime Burbank Location: Ideally situated just minutes from Burbank Studios, the Empire Center, Downtown Burbank, shopping, dining, entertainment, transportation, the Civic Center, and Burbank Airport, offering exceptional convenience and accessibility.
Corner Unit & Top Floor: As a beautiful corner unit on the top floor, it benefits from enhanced privacy, abundant natural light, and potentially quieter living conditions.
Desirable Views: The unit offers fantastic views, including City Lights, Mountain(s), and Neighborhood vistas, adding to its aesthetic appeal and living experience.
Modern Interior Features: Boasts high ceilings, a modern kitchen with granite countertops, recessed lighting, and tiled bathrooms, providing a stylish and updated living space.
Convenient Building Amenities: Includes practical features such as in-unit washer and dryer hookups, two dedicated parking spaces, elevator access, and a sun deck, enhancing daily living comfort.

Cons

Requires TLC: The property description explicitly states 'Needs some TLC!', indicating potential immediate maintenance, repairs, or upgrades required by the buyer.
High Association Fee: A monthly association fee of $498.0 is a significant recurring expense that buyers must factor into their budget.
Recent Price Reduction: The property has undergone a price reduction from $670,000 to $649,000, which could suggest it was initially overpriced or has faced challenges attracting offers.

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