211 S Bel Aire Drive, Burbank, California 91501, Burbank, 91501 - 3 bed, 1 bath
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Burbank, California 91501
This Development-Ready Hillside Asset is a Strong Value Opportunity with a List Price of $1,195,000—positioned well below the $1,264,910 Fair Market Value by 5%. This valuation gap offers $69,910 in Instant Equity for buyers ready to capitalize on the included plans for a 2,300 sq ft residence. Holding a Condition Rating of 6, the property is a prime candidate for redevelopment, featuring mountain views and paid permits within the prestigious Burbank Unified School District. This is a high-upside acquisition for Developers or Fix-and-Flip Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 211 S Bel Aire Drive Subject | $1,195,000* List Price | 3 | 1 | 1,279 | $989 | - |
A 637 E Fairmount Road Sold | $1,200,000 | 2 | 1 | 988 | $1,215 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1923 with no significant renovations in over 50 years. The kitchen is in dilapidated condition with visible wall damage and ancient fixtures. The property is being marketed primarily for its land value, with plans already submitted to replace the existing structure with a new 2,300 sq ft residence.
Situated in the prestigious Burbank Hills, this property offers high desirability and strong long-term value appreciation in a sought-after hillside neighborhood.
With plans already submitted and permits paid for a 2,300 sq ft residence, the property provides a significant head start for buyers looking to build or expand.
The combination of mountain views, a functional 5,500 sq ft lot, and existing mature fruit trees offers exceptional upside for renovation or new construction.
The property was recently sold within the past year on 2025-07-25. The sold price is $1,000,000.00.
The current 3-bedroom, 1-bathroom configuration is underserved for modern living standards and may require immediate reconfiguration to maximize utility.
Built in 1923, the home is positioned as a project for renovation or redevelopment, implying substantial additional capital investment is needed beyond the purchase price.
Located in the highly sought-after Burbank Hills, this property offers an exceptional opportunity to design and customize your ideal home. Set on a 5,500 sq ft lot, the residence features 1,279 sq ft of living space. The interior includes three well sized bedrooms, one full bathroom, and a living area complete with a fireplace. A separate dining room complements the layout, while the kitchen opens to an additional dining area. Additional features include a dedicated laundry area, a basement, and multiple storage spaces adjacent to the two-car garage. Outside, a covered patio overlooks a private backyard with mature tangerine, grapefruit, and lemon trees. For those considering new construction, plans have been submitted for an approximately 2,300 sq ft residence. Permits have been paid, with approval anticipated within approximately three months. Plans and related documentation are available upon request. This property presents a rare opportunity to renovate or build new in a desirable hillside location with exceptional upside potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 23% |
| Square foot | 1,279 | 1,674 | 27% |
| Lot Size | 5,500 | 7,714 | 8% |
| Price | $1.20M | $1.45M | 23% |
| Price per sq ft | $934 | $863 | 58% |
| Built year | 1923 | 1939 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 138 | 15% |
Apr 27, 2026
$1,195,000
Initial Listing
Jul 25, 2025
$1,000,000
Public Record