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207 W Ash Avenue, Burbank, California 91502, Burbank, 91502 - 2 bed, 1 bath

207 W Ash Avenue, Burbank, California 91502 home-pic-0
ACTIVE UNDER CONTRACT$989,989$1,218/sqft
Est. Value: $1,020,384
3%
BelowEstimate
207 W Ash Avenue, Burbank, California 91502
2Beds
1Bath
1,218Sqft
7,050Lot

Price Vs. Estimate

The estimated value ($1,020,383.655) is $30,394.655 (3%) higher than the list price ($989,989). This property may be underpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7050, living area = 1218.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7050, other record lot size in square feet = 5227.

Compared to the nearby listings

Price:$990.0K vs avg $1.10M ($-110,011)25%
Size:1,218 sqft vs avg 1,273 sqft50%
Price/sqft:$813 vs avg $82150%

More Insights

Built in 1937 (89 years old).
Condition: Built in 1937, this property is explicitly marketed as a 'fix and save opportunity' requiring 'significant renovation.' The kitchen features very dated cabinets, countertops, and flooring, along with older appliances. The single bathroom is described as 'classic retro' and is extremely outdated with yellow and peach tiles, indicating a complete overhaul is needed. While the property has 'solid bones,' the interior finishes, including worn hardwood floors and peeling paint in some areas, combined with likely 'older infrastructure' (HVAC, electrical, plumbing), necessitate substantial repairs and rehabilitation to meet modern living standards.
Year Built
1937
Close
-
List price
$990K
Original List price
$900K
Price/Sqft
$813
HOA
-
Days on market
-
Sold On
-
MLS number
BB25251201
Home ConditionPoor
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Tucked away on a quiet cul-de-sac, this charming property sits on a generous 7,050 square foot lot and offers 1,218 square feet of living space, an ideal opportunity for first-time buyers or savvy investors alike. Featuring 2 bedrooms and a classic retro bathroom, the home blends character with potential. Inside, pergo flooring flows through the main living areas, highlighting a cozy living room with a fireplace and a separate formal dining room perfect for gatherings. A dedicated laundry room adds everyday convenience. Step outside to enjoy the patio, offering a comfortable space for outdoor relaxation or entertaining. The property includes a 3-car garage currently configured as a 2-car garage plus a workshop, along with a permitted storage room / wash room that adds flexibility and value. With solid bones and plenty of upside, this is truly a fix and save opportunity. Bring your vision and create something special. A great place to start, and a great investment with room to grow.

B
Bradley Korb
Listing Agent
Condition Rating
Poor
Built in 1937, this property is explicitly marketed as a 'fix and save opportunity' requiring 'significant renovation.' The kitchen features very dated cabinets, countertops, and flooring, along with older appliances. The single bathroom is described as 'classic retro' and is extremely outdated with yellow and peach tiles, indicating a complete overhaul is needed. While the property has 'solid bones,' the interior finishes, including worn hardwood floors and peeling paint in some areas, combined with likely 'older infrastructure' (HVAC, electrical, plumbing), necessitate substantial repairs and rehabilitation to meet modern living standards.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7050, living area = 1218.
Prime Location & Generous Lot: Situated on a quiet cul-de-sac in desirable Burbank, featuring a substantial 7,050 sq ft lot, offering privacy and potential for expansion.
Strong Investment Potential: Positioned as an ideal 'fix and save opportunity' for first-time buyers or investors, with 'solid bones' and significant 'upside' for value appreciation through renovation.
Versatile Garage & Storage: Boasts a 3-car garage (configured as 2-car plus workshop) and a permitted storage/wash room, providing exceptional utility, parking, and flexible space.
Charming Interior Features: Includes a cozy living room with a fireplace, a separate formal dining room, and a dedicated laundry room, enhancing livability and appeal.
Desirable Amenities & School District: Offers mountain views and is located within the highly-rated Burbank Unified School District, adding to its long-term value and family appeal.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7050, other record lot size in square feet = 5227.
Requires Significant Renovation: Explicitly marketed as a 'fix and save opportunity' with a 'classic retro bathroom' and 1937 build, indicating substantial updates are needed to modernize the home.
Limited Bathroom Count: The property features only one bathroom, which can be a significant drawback for modern living standards and may limit buyer appeal or require costly additions.
Older Infrastructure: As a 1937 build, the home likely has older infrastructure (plumbing, electrical, HVAC) that may require immediate or future upgrades, adding to the overall investment cost.
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