
Burbank, California 91502
This Spacious Burbank Condominium is listed at $659,000, representing a fair and stable acquisition at its $659,000 Fair Market Value. Featuring a substantial 1,402 square foot layout, the interior includes a large living room with a fireplace, a private patio, and a dedicated laundry room. While the property carries a Dated Condition Rating, it is situated in the premier Burbank Unified School District and offers a low $285 HOA fee. Following a recent price correction, this home provides a rare entry-level opening for first-time buyers or Owner-Occupants looking to build equity through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 216 W Tujunga Avenue A Subject | $659,000* List Price | 2 | 2 | 1,402 | $470 | - |
A 150 S San Fernando Sold | $850,000 | 2 | 2 | 1,530 | $556 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980, the property is well-maintained but remains largely in its original or dated state. The kitchen features older oak-style cabinetry, white tile countertops, and dated white appliances. The bathrooms and light fixtures reflect older design trends, and the carpeting shows signs of age. While the unit is functional and move-in ready for a first-time buyer, it lacks modern renovations and requires cosmetic updates to meet current 'Good' or 'Excellent' standards.
Situated in a highly convenient Burbank neighborhood, the property offers excellent walkability to local restaurants and shopping, with quick access to major freeways for easy commuting.
Boasting 1,402 square feet, this unit features a generous floor plan including a large living room with a fireplace, a dedicated laundry room, and a versatile extra room rarely found in standard two-bedroom condos.
With a recent price reduction and a relatively low HOA fee of $285, this property represents an attractive entry-level opportunity for first-time homeowners looking to enter the competitive Burbank market.
Built in 1980, the property may require cosmetic updates or modernization of internal systems to meet contemporary aesthetic standards and energy efficiency.
The recent price reduction from the original listing suggests the property faced initial challenges with market absorption, potentially indicating a need for further investment to maximize its appeal.
Welcome to this great opportunity to own your first residential unit which has 2-bedroom, 2-baths, spacious living room, dining and an extra room, laundry room. Master bedroom has 2-spacious closets. Fireplace in living room and a lot more. It is a You Must See. Located in a very convenient area, close to all major freeways, all shopping stores and almost walking distance to restaurants.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,402 | 1,406 | 50% |
| Lot Size | 7,797 | 23,096.5 | 25% |
| Price | $659.0K | $834.5K | 25% |
| Price per sq ft | $470 | $588 | 25% |
| Built year | 1980 | 2005 | 25% |
| HOA | $285.0 | $464 | 50% |
| Days on market | 343 | 159 | 0% |
Nov 10, 2025
$659,000
Initial Listing
May 14, 2025
$699,998
Initial Listing