1817 W Burbank Boulevard, Burbank, California 91506, Burbank, 91506 - 2 bed, 2 bath
1817 W Burbank Boulevard
Burbank, California 91506
Property Price
SUMMARY
Analysis of 1817 W Burbank Boulevard, Burbank, California 91506 reveals a property with a current list price of $1,690,888, which is 11% above the estimated $1,489,181 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1817 W Burbank Boulevard Subject | $1,690,888* List Price | 2 | 2 | 1,666 | $894 | - |
A 743 N Sparks Active | $1,275,000 List Price | 4 | 2 | 1,658 | $769 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1949, this property shows significant age and a lack of modern updates. The kitchen features very outdated cabinets, concrete-like countertops, a small tile backsplash, and an old range, all requiring a full renovation. The bathrooms are similarly dated with basic fixtures and worn tiling. While the back 'home' appears livable, the overall property, including the former preschool space, exhibits substantial wear and tear, dated systems (e.g., window AC units), and finishes that necessitate extensive repairs and rehabilitation to meet current standards. The listing's focus on 'investors and developers' further indicates the need for significant capital investment.
PROSSTRENGTHS & OPPORTUNITIES
- Unique Investment/Development Opportunity
Explicitly marketed as a 'rare opportunity' for investors and developers, indicating significant potential for redevelopment, conversion, or specialized commercial use.
- Flexible Zoning for Specialized Use
Zoned for school use and formerly a preschool, this property offers unique possibilities for educational, childcare, or other community-oriented ventures, appealing to a niche market.
- Dual Structures on One Lot
The presence of two buildings, including a separate home in the back, provides versatility for multiple income streams, multi-generational living, or a live-work setup.
CONSRISKS & DEFICIENCIES
- Age and Potential for Obsolescence
Built in 1949, the property likely requires significant updates to its infrastructure, systems, and aesthetics to meet modern standards and preferences, incurring substantial renovation costs.
- Specialized Zoning Limitations
While a strength for some, the 'school use' zoning may present challenges or require a complex and costly rezoning process for buyers intending a purely residential or different commercial use, potentially limiting the buyer pool.
- High Price Point Relative to Condition/Age
The listing price of $1,690,888 for a 1949 property with specialized zoning and likely needing updates could be perceived as high, potentially deterring buyers looking for move-in ready or standard residential properties.
About 1817 W Burbank Boulevard
Check out this rare and unique Burbank property located in the heart of the city. Zoned for school use, this property features two buildings on one lot, including a home in the back. Formerly the Rainbow School preschool, it's now on the market for the first time on the market.A must-see for investors and developers this is a rare opportunity!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 4,440 Sq. Ft.
Interior
- Total Bedrooms
- 2
- 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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 21% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,666 | 1,611 | 58% |
| Lot Size | 4,440 | 6,750 | 8% |
| Price | $1.69M | $1.39M | 85% |
| Price per sq ft | $1.0K | $850 | 77% |
| Built year | 1949 | 1940 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 60 | 163 | 8% |
Pricing History
Listed for Sale
Jan 5, 2026
$1,690,888
Initial Listing