1532 N Ontario Street, Burbank, California 91505, Burbank, 91505 - 5 bed, 3 bath

1532 N Ontario Street, Burbank, California 91505 home-pic-0

1532 N Ontario Street

Burbank, California 91505

ACTIVE
CONDITION: POOR
5Beds
3Baths
1,249Sq Ft
6,690Lot Size

Property Price

LIST PRICE$1,195,000
EST. MARKET VALUE
$1,028,156
16% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$1,028,156
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
1532 N Ontario Street
Subject
$1,195,000*
List Price
531,249$823-
A
1625 N Maple Street
Sold
$857,500311,177$7290.6 mi
B
1834 N Maple
Sold
$1,010,000431,484$6810.5 mi
C
2237 N Valley
Sold
$925,000311,028$9000.9 mi
D
1532 N Niagara
Sold
$952,000321,101$8650.1 mi
E
1121 N Frederic Street
Sold
$940,000411,044$9000.5 mi
F
1504 N Lima Street
Sold
$1,135,000321,385$8190.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

The property is currently mid-construction and described as a 'blank canvas' requiring interior completion. While the detached ADU has some updates, the main house and junior ADU are unfinished shells lacking functional kitchens, bathrooms, and flooring. Per the criteria, it requires substantial rehabilitation and is not move-in ready.

PROSSTRENGTHS & OPPORTUNITIES

  • Multi-Unit Income Potential

    The property features three distinct living spaces, including a main house, an attached junior ADU, and a detached 2-bedroom ADU, offering exceptional versatility for rental income or multi-generational living.

  • Customization Opportunity

    With the main house and junior ADU currently under construction and ready for interior completion, buyers have a rare 'blank canvas' to select their own high-end finishes and custom layouts.

  • Premium Outdoor Amenities

    The expansive backyard is a standout feature, already equipped with a built-in BBQ entertainment area and a functional spa, providing a strong foundation for a private outdoor oasis.

CONSRISKS & DEFICIENCIES

  • Significant Construction Required

    The property is being sold as a 'diamond in the rough' with major sections unfinished, requiring a buyer with the vision, liquid capital, and contractor resources to complete the interior build-out.

  • High Density on Small Footprint

    Fitting five bedrooms and three bathrooms into approximately 1,249 square feet suggests that individual living areas and bedrooms may be significantly undersized compared to standard residential expectations.

About 1532 N Ontario Street

Welcome to 1532 N Ontario St, Burbank, CA – A Diamond in the Rough with Tremendous Potential! This unique property offers an exciting opportunity to complete and customize your dream home. The main house, currently under construction, is designed with 2 bedrooms and potentially 2 baths, awaiting your finishing touches. It’s a blank canvas ready for someone to make it their own. Attached to the main house is a spacious junior studio ADU, offering ample space and designed for a large kitchen and bathroom—perfect for a guest suite or additional rental income. In addition, there’s a detached 2-bedroom, 1-bathroom ADU at the back of the property, featuring some updates throughout. This unit has its own access to the expansive backyard, which boasts a built-in BBQ entertainers’ area ready to be revitalized, as well as a working spa, offering a great space for relaxation and entertainment. The large yard also provides plenty of room for customization, whether you want to add a garden, a pool, or create your own outdoor oasis. Situated in a desirable neighborhood, this property presents fantastic income potential with its multiple living spaces, all while being just minutes away from local parks, schools, shopping centers, and dining options. Key Features: Main House: 2 Bedrooms, 2 Bathrooms (Ready for Interior Completion) Junior Studio ADU: Spacious Design with Large Kitchen & Bathroom (Ready for Interior Completion) Detached 2-Bedroom, 1-Bathroom ADU with Updates Expansive Backyard with Built-In BBQ & Entertainer’s Area Working Spa & Room to Customize Income Potential Prime Location: Close to Parks, Schools, Shopping & Dining Bring your vision and creativity to this incredible property—it’s an ideal opportunity for homeowners, investors, or anyone looking to craft a one-of-a-kind living space in the heart of Burbank!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1938
Lot Size
6,690 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
3 (3 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)
Beds5.03.0
93%
Baths3.02.0
73%
Square foot1,2491,390.5
41%
Lot Size6,6906,450.5
55%
Price$1.20M$1.15M
54%
Price per sq ft$957$845
77%
Built year19381941
16%
HOA$0$0
50%
Days on market369176
0%

Pricing History

Listed for Sale

Oct 15, 2025

$1,195,000

$1,295,000

-8% Price Drop

Initial Listing

Price Change

Mar 2, 2025

$1,295,000

Initial Listing

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