231 W Cedar Avenue, Burbank, California 91502, Burbank, 91502 - 2 bed, 2 bath
231 W Cedar Avenue
Burbank, California 91502
Property Price
SUMMARY
Analysis of 231 W Cedar Avenue, Burbank, California 91502 is currently available with a list price of $899,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Burbank Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property was built in 1927. The kitchen appears to have been updated at some point, but it's not a recent renovation. The bathrooms are not clearly visible, but the overall style suggests that updates are needed. The house appears to be maintained, but it's aged and requires minor updates.
PROSSTRENGTHS & OPPORTUNITIES
- Charming Architectural Style
The property boasts a desirable Storybook Tudor architectural style, adding to its curb appeal and uniqueness.
- Open-Concept Living Space
The open-concept living space creates a seamless flow, ideal for modern living and entertaining.
- Backyard Oasis
The backyard is designed as an oasis with mature trees and outdoor dining, perfect for relaxation and gatherings.
CONSRISKS & DEFICIENCIES
- Smaller Square Footage
With only 967 sqft, the property may feel small for some buyers, especially those needing more space.
- One-Car Garage
The one-car garage may be insufficient for households with multiple vehicles.
- Year Built
Built in 1927, the property may require updates to meet modern standards and address potential maintenance issues common in older homes.
About 231 W Cedar Avenue
Step into this romantic Storybook Tudor on a tree-lined street in the heart of Burbank.You're greeted by an open-concept living space that effortlessly flows into a backyard oasis, complete with mature trees and outdoor dining perfect for entertaining. Flooded with natural light, a private upstairs primary suite, a dedicated office, and an oversized one-car garage with ADU potential, this cozy cottage is an absolute gem. Just moments from vintage shopping in Magnolia Park, the Burbank Channel Bike Path, the LA Equestrian Center, BBQ at Handy Market, a slice at Dino's Pizza, or a red booth at The Smoke House.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1927
- Lot Size
- 4,791 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 1.5 | 50% |
| Square foot | 967 | 1,129 | 33% |
| Lot Size | 4,791 | 7,075 | 17% |
| Price | $910.0K | $1.04M | 17% |
| Price per sq ft | $941 | $885 | 50% |
| Built year | 1927 | 1937 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 267 | 147 | 0% |
Pricing History
No pricing history data available.