1820 N Avon Street, Burbank, California 91505, Burbank, 91505 - 5 bed, 3 bath

1820 N Avon Street, Burbank, California 91505 home-pic-0
ACTIVE$1,399,000
1820 N Avon Street, Burbank, California 91505
5Beds
3Baths
1,712Sqft
6,628Lot

Price Vs. Estimate

The estimated value ($1,359,013.015) is $39,986.985 (2%) lower than the list price ($1,399,000). This property may be overpriced.

Key pros and cons

Top Pros:
Income Potential / Multi-generational Living: The property features a detached 1-bedroom, 1-bath back home with its own private yard and a history as a successful Airbnb, offering significant passive income potential or flexible multi-generational living arrangements.
Top Cons:
Original Construction Age: Built in 1938, the property's age, despite updates, may imply older underlying infrastructure or systems that could require future attention or maintenance.

Compared to the nearby listings

Price:$1.40M vs avg $1.15M (+$252,500)76%
Size:1,712 sqft vs avg 1,384 sqft70%
Price/sqft:$817 vs avg $83844%

More Insights

Built in 1938 (87 years old).
Condition: This property, built in 1938, has undergone significant recent updates that elevate its condition to 'Good'. The description highlights a 'brand-new roof,' 'fresh exterior paint,' 'newer windows,' and 'tastefully updated' bathrooms, indicating substantial investment in major systems and key areas. The interior features 'warm hardwood floors' and a 'freshly painted interior,' contributing to a move-in ready feel. While the galley-style kitchen is 'well-equipped' with newer stainless steel appliances (microwave, range, dishwasher), the wood cabinets and laminate countertops, as seen in the images, appear to be an older style, preventing an 'Excellent' rating. However, the overall maintenance, functional major systems (central heat and air), and recent updates make it a well-maintained home with minimal wear and tear, requiring no immediate renovation.
Year Built
1938
Close
-
List price
$1.4M
Original List price
$1.6M
Price/Sqft
$817
HOA
-
Days on market
-
Sold On
-
MLS number
BB25146548
Home ConditionGood
Features
Patio
View-

About this home

Amazing price reduction! We will be holding an open house on 10/4/25-10/5/25 from 1-4. Please join us. This is a great opportunity for multi-generational living or an investment. We are pleased to present this property which offers the unique possibility to live in a highly desirable Burbank neighborhood while enjoying passive income to help offset your mortgage. With excellent curb appeal, this property features a spacious 4-bedroom, 2-bath front house and a detached 1-bedroom, 1-bath back home—complete with its own private yard. Step into the main residence and you'll be welcomed by warm hardwood floors and a freshly painted interior. The galley-style kitchen is well-equipped and ideal for any home chef. The two bathrooms have been tastefully updated, and additional highlights include central heat and air, newer windows, and in-unit washer and dryer. A brand-new roof and fresh exterior paint further enhance the home’s value and appeal as does the expansive private patio area for entertaining. The single car garage offers the ability for a vehicle or storage. The generous sized detached back unit has also been freshly painted and features its own washer and dryer. Previously rented as a successful Airbnb, it offers steady income with flexibility for future use. Whether you’re looking for a smart investment or a home with added income potential, this unique Burbank property checks all the boxes!

Condition Rating
Good

This property, built in 1938, has undergone significant recent updates that elevate its condition to 'Good'. The description highlights a 'brand-new roof,' 'fresh exterior paint,' 'newer windows,' and 'tastefully updated' bathrooms, indicating substantial investment in major systems and key areas. The interior features 'warm hardwood floors' and a 'freshly painted interior,' contributing to a move-in ready feel. While the galley-style kitchen is 'well-equipped' with newer stainless steel appliances (microwave, range, dishwasher), the wood cabinets and laminate countertops, as seen in the images, appear to be an older style, preventing an 'Excellent' rating. However, the overall maintenance, functional major systems (central heat and air), and recent updates make it a well-maintained home with minimal wear and tear, requiring no immediate renovation.
Pros & Cons

Pros

Income Potential / Multi-generational Living: The property features a detached 1-bedroom, 1-bath back home with its own private yard and a history as a successful Airbnb, offering significant passive income potential or flexible multi-generational living arrangements.
Desirable Location: Located in a highly desirable Burbank neighborhood, known for its strong community, amenities, and consistent property value appreciation.
Recent Major Upgrades: The main residence benefits from a brand-new roof, fresh exterior paint, newer windows, central heat and air, and updated bathrooms, reducing immediate maintenance concerns for a new owner.
Significant Price Reduction: An 'amazing price reduction' from $1.599M to $1.399M makes the property more competitively priced and attractive to potential buyers.
Dual Unit Convenience: Both the main house and the detached unit are equipped with in-unit washer and dryer, providing essential convenience for residents or tenants.

Cons

Original Construction Age: Built in 1938, the property's age, despite updates, may imply older underlying infrastructure or systems that could require future attention or maintenance.
Galley-Style Kitchen: The main residence features a galley-style kitchen, which some modern buyers might find less desirable or functional compared to more open-concept kitchen layouts.
List Price vs. Estimated Value: The current list price of $1.399M is higher than the estimated property value of $1.325M, potentially indicating it is still priced above its current market value.

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