231 W Cedar Avenue, Burbank, California 91502, Burbank, 91502 - 2 bed, 2 bath
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Burbank, California 91502
Analysis of 231 W Cedar Avenue, Burbank, California 91502 reveals a property with a current list price of $899,000, which is 8% above the estimated $831,891 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 231 W Cedar Avenue Subject | $910,000 | 2 | 2 | 967 | $860 | - |
A 249 W Santa Anita Sold | $975,000 | 2 | 1 | 1,135 | $859 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
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.
The property boasts a desirable Storybook Tudor architectural style, adding to its curb appeal and uniqueness.
The open-concept living space creates a seamless flow, ideal for modern living and entertaining.
The backyard is designed as an oasis with mature trees and outdoor dining, perfect for relaxation and gatherings.
With only 967 sqft, the property may feel small for some buyers, especially those needing more space.
The one-car garage may be insufficient for households with multiple vehicles.
Built in 1927, the property may require updates to meet modern standards and address potential maintenance issues common in older homes.
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.
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 | 1.5 | 50% |
| Square foot | 967 | 1,176.5 | 33% |
| Lot Size | 4,791 | 6,405 | 17% |
| Price | $910.0K | $977.5K | 17% |
| Price per sq ft | $941 | $832 | 67% |
| Built year | 1927 | 1938 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 314 | 125 | 0% |
No pricing history data available.