2109 N Lincoln Street, Burbank, California 91504, Burbank, 91504 - 3 bed, 2 bath
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Burbank, California 91504
This property presents a High-Potential Investment Opportunity with a List Price of $979,000—positioned well below the $1,013,045 Fair Market Value by 3%. This valuation gap offers $34,045 in Instant Equity for buyers. Featuring a Fair Condition Rating and an R4-zoned lot, the asset offers significant development potential near major studios. While the home requires modernization, its functional updates provide immediate utility. This is a strategic acquisition ideal for Buy-and-Hold Investors or Developers seeking long-term value in Burbank.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2109 N Lincoln Street Subject | $979,000* List Price | 3 | 2 | 1,272 | $796 | - |
A 2711 N Lincoln Street Sold | $995,000 | 3 | 1 | 1,164 | $855 | 0.7 mi |
B 2321 N Naomi Street Active | $900,000 List Price | 3 | 1 | 1,132 | $795 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1947, the home is over 75 years old and shows interior finishes (bathroom cabinetry, tile, and acoustic ceiling tiles) that appear 30-50 years old. While the listing mentions minor updates like toilets and drain lines, the overall structure requires a full rehab to meet modern standards, and the marketing focus on R4 zoning and development potential suggests the primary value is in the land.
Ideally situated in a highly sought-after Burbank neighborhood near Disney Studios, Universal Studios, and Hollywood Burbank Airport, ensuring strong long-term demand and convenience.
The property features an expansive R4-zoned lot, providing a rare and valuable opportunity for investors or builders to explore multi-unit development or significant expansion.
Recent updates to essential systems and finishes, including updated drain lines, newer carpeting, and kitchen flooring, offer immediate livability and reduced initial maintenance costs.
With only 1,272 square feet of living space for a three-bedroom configuration, the interior may feel cramped for families seeking more spacious modern layouts.
Despite functional updates, the home likely requires further aesthetic renovations in the kitchen and bathrooms to compete with fully modernized properties in the area.
Discover the exceptional potential of this charming 3-bedroom, 2-bath home, ideally situated in one of Burbank's most sought-after neighborhoods. Just minutes from Disney Studios, Universal Studios, the Empire Center, and Hollywood Burbank Airport, this property offers the perfect blend of convenience, comfort, and future opportunity. Inside, you'll find a welcoming floor plan featuring a beautiful fireplace, generously sized bedrooms, and a spacious den with oversized closets. Large sliding glass doors lead to a private patio accented by elegant brick hardscaping, mature landscaping, and a thriving orange tree--creating a peaceful outdoor retreat that's perfect for entertaining or enjoying Southern California living. Thoughtful updates include newer carpeting, updated kitchen flooring, washer and dryer, new raised toilets, and updated drain lines, allowing the next owner to move in while adding their own personal touches over time. The expansive R4-zoned lot offers exceptional development potential (buyer to verify with the City of Burbank), making this property an outstanding opportunity for homeowners, investors, or builders seeking long-term value in a premier location. A rare offering with endless possibilities, this home combines timeless charm, valuable updates, and incredible potential in the heart of Burbank.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,272 | 1,708 |
| Lot Size | 5,224 | 6,504 |
| Price | $979.0K | $1.31M |
| Price per sq ft | $770 | $856 |
| Built year | 1947 | 1947 |
| HOA | $0 | $0 |
| Days on market | 6 | 50 |
Jul 16, 2026
$979,000
Initial Listing