
Burbank, California 91504
Analysis of 1953 N Parish Place, Burbank, California 91504 is currently available with a list price of $1,550,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Originally built in 1943, the property is functional but dated. Interior photos show older wall heaters rather than modern central HVAC, and the tile and carpet finishes suggest renovations are likely 20+ years old. While move-in ready for tenants, it lacks modern updates to kitchens, baths, and systems.
This triplex features a versatile unit mix including a 3-bedroom front house and two 2-bedroom rear units, making it ideal for owner-occupants or investors seeking strong rental yields.
Each unit is separately metered for gas and electricity, significantly reducing owner utility costs and simplifying property management.
Situated on a quiet cul-de-sac minutes from Downtown Burbank, the property offers a desirable balance of privacy and convenient access to schools, shopping, and major freeways.
Originally built in 1943, the property may require ongoing maintenance or capital improvements to modernize aging systems and ensure long-term structural integrity.
With only three single-car garages for a total of seven bedrooms, tenants with multiple vehicles may find the on-site parking and shared driveway access restrictive.
Great Investment opportunity featuring three separate units ideally located on a cul de sac. At the front is a 3 bedroom, 1 bath charming single story, At the rear of the property features (2) 2 bedroom, 1.5 bathroom, two story units with comfortable layouts featuring tile flooring on the main level and carpet on the stairs and in upstairs bedrooms. Each unit is separately metered for gas/electric and each unit is assigned it's own private single car garage. The garages are accessed by the driveway. The rear of the property features a quaint shared gated courtyard. Ideally located minutes from Downtown Burbank, and close to schools, shopping, and restaurants with easy access to freeway. Excellent opportunity for Investors or owner occupants seeking additional income potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 4.5 |
| Baths | 5.0 | 3.0 |
| Square foot | 2,928 | 2,060 |
| Lot Size | 7,268 | 7,096 |
| Price | $1.55M | $1.35M |
| Price per sq ft | $529 | $599 |
| Built year | 1943 | 1956 |
| HOA | $0 | $0 |
| Days on market | 13 | 79 |
Jul 9, 2026
$1,550,000
Initial Listing
Oct 29, 1997
$217,500
Public Record