2031 Jolley Drive, Burbank, California 91504, Burbank, 91504 - 3 bed, 2 bath

2031 Jolley Drive, Burbank, California 91504 home-pic-0
ACTIVE$1,499,000$1,479/sqft
Est. Value: $1,447,764
-3%
AboveEstimate
2031 Jolley Drive, Burbank, California 91504
3Beds
2Baths
1,479Sqft
6,056Lot

Price Vs. Estimate

The estimated value ($1,447,764.19) is $51,235.81 (3%) lower than the list price ($1,499,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Burbank Location: The property boasts an excellent central Burbank location, offering convenient access to schools, shopping, dining, and other amenities, enhancing its desirability and long-term value.
Top Cons:
Lack of Central Air Conditioning: The property description does not mention a central air conditioning system, which could be a significant drawback and comfort concern during Burbank's warmer months.

Compared to the nearby listings

Price:$1.50M vs avg $1.43M (+$71,500)60%
Size:1,479 sqft vs avg 1,752 sqft38%
Price/sqft:$1.0K vs avg $82781%

More Insights

Built in 1951 (75 years old).
Condition: Despite being built in 1951, this property has undergone extensive and very recent renovations, particularly in the kitchen and bathrooms. The kitchen features modern white glossy cabinets, new stainless steel appliances, porcelain countertops, and a subway tile backsplash, all in pristine condition. Both bathrooms are beautifully remodeled with contemporary vanities, fixtures, and tiling, including a glass-enclosed shower in the primary suite. The entire interior boasts new laminate flooring, recessed lighting, fresh paint, and crown molding, giving it a virtually new feel. While the listing notes the age of major systems and lack of central AC as potential weaknesses, the visible and described components meet current quality standards with no deferred maintenance, aligning with the 'Excellent' criteria for a recently and extensively renovated property.
Year Built
1951
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$1,014
HOA
-
Days on market
-
Sold On
-
MLS number
SR26000869
Home ConditionExcellent
Features
Good View: Peek-A-Boo
Patio
ViewPeek-A-Boo

About this home

EXCELLENT BURBANK LOCATION ! ! This inviting residence offers 3 bedrooms and 2 bathrooms with approximately 1,500 square feet of living space on a 6,054 square foot lot. The warm and welcoming living room, complete with a fireplace, looks out onto the backyard and flows into a dining area that opens to a tastefully updated open-concept kitchen. The kitchen showcases porcelain countertops, a breakfast bar/nook, ample pantry space, and stainless steel appliances including a refrigerator, dishwasher, microwave, and stove. Two spacious bedrooms face the front yard, while a beautifully remodeled hallway bathroom adds a modern touch. The generous primary suite features its own upgraded en suite bathroom. Outdoors, enjoy a peaceful pergola with tiled floors and partial valley views, along with a grassy backyard ideal for leisure. A gated driveway provides access to a detached two-car garage with ADU CONVERSION POTENTIAL. Additional highlights include recessed lighting, laminate flooring, window shutters, crown molding, hallway storage with laundry area, and a convenient side entrance off the kitchen. Ideally situated near central Burbank, with easy access to schools, shopping, dining, and more. A fantastic home in a charming neighborhood - MUST SEE! PRICED TO SELL!

J
Jose Rivera
Listing Agent

Price History

Date
Event
Price
03/22/22
Sold
$1,350,000
Condition Rating
Excellent

Despite being built in 1951, this property has undergone extensive and very recent renovations, particularly in the kitchen and bathrooms. The kitchen features modern white glossy cabinets, new stainless steel appliances, porcelain countertops, and a subway tile backsplash, all in pristine condition. Both bathrooms are beautifully remodeled with contemporary vanities, fixtures, and tiling, including a glass-enclosed shower in the primary suite. The entire interior boasts new laminate flooring, recessed lighting, fresh paint, and crown molding, giving it a virtually new feel. While the listing notes the age of major systems and lack of central AC as potential weaknesses, the visible and described components meet current quality standards with no deferred maintenance, aligning with the 'Excellent' criteria for a recently and extensively renovated property.
Pros & Cons

Pros

Prime Burbank Location: The property boasts an excellent central Burbank location, offering convenient access to schools, shopping, dining, and other amenities, enhancing its desirability and long-term value.
ADU Conversion Potential: The detached two-car garage presents significant ADU (Accessory Dwelling Unit) conversion potential, providing an opportunity for additional rental income, multi-generational living, or increased property value.
Updated Kitchen & Bathrooms: The home features a tastefully updated open-concept kitchen with modern appliances and porcelain countertops, along with beautifully remodeled hallway and primary en suite bathrooms, offering move-in readiness and contemporary appeal.
Desirable Outdoor Living: The outdoor space includes a peaceful pergola with tiled floors and a grassy backyard, ideal for relaxation and entertaining, complemented by partial valley views.
Modern Interior Finishes: Key interior upgrades such as recessed lighting, laminate flooring, window shutters, and crown molding contribute to a modern aesthetic and comfortable living environment.

Cons

Lack of Central Air Conditioning: The property description does not mention a central air conditioning system, which could be a significant drawback and comfort concern during Burbank's warmer months.
Limited View Quality: While offering 'partial valley views' and described as 'Peek-A-Boo,' the views are not expansive or panoramic, which may not meet the expectations of buyers seeking significant scenic outlooks.
Age of Major Systems: Built in 1951, while cosmetically updated, there is no explicit mention of recent upgrades to major systems such as plumbing or electrical, which could imply potential for future maintenance or replacement costs.
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