
Burbank, California 91505
This property presents a High-Potential Investment Opportunity with a List Price of $995,000—positioned well below the $1,038,200 Fair Market Value by 4%. This valuation gap offers $43,200 in Instant Equity for buyers. Featuring a Condition Rating of 4, the home requires modernization, yet offers significant upside through its 1,200 sqft layout, Granite Kitchen, and RV access potential. This is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build value in a prime Burbank location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 237 N Catalina Street Subject | $995,000* List Price | 2 | 1 | 1,200 | $865 | - |
A 2800 W Verdugo Avenue Sold | $955,000 | 2 | 1 | 909 | $1,051 | 0.3 mi |
B 524 N Florence Sold | $1,202,000 | 2 | 2 | 1,296 | $927 | 0.5 mi |
C 711 N Priscilla Lane Sold | $1,035,000 | 3 | 2 | 1,137 | $910 | 1.0 mi |
D 613 N California Sold | $1,269,300 | 2 | 2 | 1,473 | $862 | 0.4 mi |
E 720 N Pass Avenue Active Under Contract | $1,040,000 List Price | 2 | 1 | 1,232 | $844 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1927 and explicitly described as a 'fixer upper,' the property is dated but functional. The kitchen features granite countertops from a previous renovation (likely 15-20+ years ago) paired with dated white appliances and fluorescent lighting. The interior retains 'retro' parquet flooring and an older bathroom, indicating a need for cosmetic updates and likely system overhauls to meet modern standards.
Ideally situated near Burbank Studios, shopping, and nightlife, this property offers high walkability and convenience in a highly sought-after neighborhood.
The generous 6,038 sqft lot features mature landscaping, a pergola, and a long driveway with RV access potential, providing excellent space for entertaining or future expansion.
Built in 1927, the home retains vintage charm with retro parquet floors and a fireplace, while the additional loft space offers functional versatility for a home office or creative area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1200, other record living area = 528.
The property is explicitly noted as a fixer-upper, suggesting that significant additional investment will be required for modernization and repairs.
With only one bathroom serving two bedrooms and a loft, the layout may be a drawback for families or buyers looking for modern convenience at this price point.
Discover the charm and potential of this ADORABLE 2-bedroom, 1-bath home ideally located near Burbank Studios, restaurants, shopping, and nightlife. Enjoy a highly walkable neighborhood while still having the peace and serenity of your own private retreat. Inside, the home features a spacious kitchen with granite countertops and ample storage, a comfortable living room with retro parquet floors, a fireplace, and great views of the large front yard, two generously sized bedrooms, plus a versatile loft. Outside, you'll enjoy peaceful afternoons under the pergola, mature grapevines, and beautiful shade trees that create an inviting setting for relaxing or entertaining. A long driveway provides ample parking for multiple vehicles and offers potential RV access. A charming fixer upper with character, space, and plenty of possibilities!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,200 | 1,601.762 |
| Lot Size | 6,038 | 6,628.752 |
| Price | $995.0K | $1.31M |
| Price per sq ft | $829 | $879 |
| Built year | 1927 | 1944 |
| HOA | $0 | $0 |
| Days on market | 13 | 44 |
Aug 27, 2026
$995,000
Initial Listing
Mar 30, 2007
$499,000
Public Record