
Burbank, California 91506
This Turnkey Spanish-Style Residence represents a Strong Value Opportunity, listed at $1,399,000—positioned well above the $1,304,350 Fair Market Value by 7%. While priced at a premium, the property features a Condition Rating of 2, showcasing a modern remodel, central HVAC, and a brand-new ADU for rental income. Located in the prestigious Rancho area near major studios, this home offers a unique blend of vintage character and modern utility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-end, studio-adjacent lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1713 W Alameda Avenue Subject | $1,399,000* List Price | 3 | 2 | 1,549 | $846 | - |
A 317 N Beachwood Avenue Sold | $1,235,000 | 2 | 1 | 1,113 | $1,110 | 0.8 mi |
B 311 S Mariposa Street S Sold | $1,030,000 | 2 | 1 | 1,022 | $1,008 | 0.4 mi |
C 401 S Orchard Drive Sold | $1,325,000 | 3 | 2 | 1,422 | $932 | 0.1 mi |
D 304 S Lomita Sold | $1,160,000 | 3 | 1 | 1,015 | $1,143 | 0.6 mi |
E 232 S Mariposa Sold | $1,105,000 | 3 | 1 | 1,015 | $1,089 | 0.5 mi |
F 1520 W Riverside Drive W Sold | $1,300,000 | 3 | 2 | 1,327 | $980 | 0.3 mi |
G 612 S Mariposa Street Sold | $1,500,000 | 3 | 2 | 1,589 | $944 | 0.3 mi |
H 1505 W Parkside Avenue Active | $1,395,000 List Price | 3 | 2 | 1,400 | $996 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive modern remodel within the last 5 years. It features a brand-new kitchen with contemporary flat-panel cabinetry and stainless steel appliances, updated wide-plank flooring, recessed lighting, and modern fixtures throughout. Key systems are updated, including central HVAC and a tankless water heater, and the addition of a brand-new ADU further confirms the high level of recent investment and mint condition.
Situated in the prestigious Rancho area of Burbank, the property is walking distance to Disney and minutes from major studios like Warner Bros and NBC, offering exceptional appeal for industry professionals.
The inclusion of a brand-new Accessory Dwelling Unit (ADU) in its final stage of approval provides a significant opportunity for rental income or multi-generational living, enhancing the property's long-term investment value.
This 1937 Spanish-style home has been thoughtfully remodeled with a bright kitchen, new appliances, and central HVAC, successfully blending vintage architectural charm with modern convenience and curb appeal.
With only one bathroom serving the entire main house, the property may be less functional for families or guests, potentially impacting its competitiveness at the $1.399M price point.
At 1,169 square feet, the interior living area is relatively small, which results in a high price-per-square-foot and may feel restrictive for buyers seeking more spacious accommodations.
Charming remodeled Spanish style single family house, walking distance to Disney, near NBC, ABC, Warner Bros and other studios in the prestigious Rancho area of Burbank, blocks away from the Equestrian Center and Magnolia Park Neighborhood. Bright spacious remodeled kitchen with new appliances,washer and dryer, 2 bedrooms with walk in closets, an inviting foyer room, a lovely dining area, and central HVAC, fenced in lushly landscaped backyard with covered patio and brand-new ADU in the back is currently in its final stage of approval . Beautifully landscaped front yard with loads of curb appeal. This is a very special and beautiful home with a lot of character, a must see! Previously occupied by permitted Day Care
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,549 | 1,708 |
| Lot Size | 6,042 | 6,504 |
| Price | $1.40M | $1.31M |
| Price per sq ft | $903 | $856 |
| Built year | 1937 | 1947 |
| HOA | $0 | $0 |
| Days on market | 68 | 50 |
May 15, 2026
$1,399,000
Initial Listing
May 23, 2017
$667,000
Public Record
Aug 25, 2006
$655,000
Public Record