
Burbank, California 91506
This Charming Single-Story Home represents a Strong Value Opportunity, listed at $949,000—positioned well below the $989,377 Fair Market Value by 4%. This valuation gap provides $40,377 in Instant Equity for the buyer. With a Condition Rating of 3, the property features modern kitchen and bathroom updates, a versatile bonus room with a private entrance, and a relaxing patio. Located in the Burbank Unified district, this home is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 240 N Keystone Subject | $949,000* List Price | 2 | 1 | 1,354 | $731 | - |
A 649 N Reese Place N Sold | $1,200,000 | 2 | 2 | 1,348 | $890 | 0.7 mi |
B 743 N Sparks Sold | $1,015,000 | 4 | 2 | 1,658 | $612 | 1.0 mi |
C 1421 W Clark Avenue Sold | $1,210,000 | 3 | 2 | 1,710 | $708 | 0.5 mi |
D 449 W Elm Avenue Pending | $899,000 List Price | 2 | 1 | 1,028 | $875 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1948, the home has undergone significant updates within the 5-15 year range. The bathroom is modern with a dual-sink vanity and glass shower, the kitchen features newer stainless steel appliances, and the presence of recessed lighting and a modern exterior HVAC condenser indicates updated systems. The property is well-maintained and move-in ready.
Situated on a quiet, tree-lined street near John Burroughs High School and major studios, this property offers exceptional convenience and high desirability in a sought-after neighborhood.
The additional family/bonus room features a private entrance, providing excellent flexibility for use as a home office, creative studio, or guest suite to suit various lifestyle needs.
The home boasts tasteful upgrades, including a renovated bathroom with a dual-sink vanity and a kitchen equipped with stainless steel appliances and recessed lighting.
With only one bathroom serving two bedrooms and a large bonus room, the layout may present logistical challenges for families or when hosting guests.
The property features a private side yard rather than a traditional expansive backyard, which may limit options for large-scale outdoor entertaining or play areas.
Set on a quiet, tree-lined street in one of Burbank’s most convenient neighborhood pockets, 240 N Keystone Street is a charming single-story home offering comfort, flexibility, and classic Burbank appeal. Located just moments from John Burroughs High School, nearby parks, local shops, restaurants, studios, and the everyday conveniences that make Burbank such a beloved place to call home, this property feels both peaceful and incredibly connected. A mature front yard and shaded walkway lead to a welcoming living room filled with natural light, warm wood flooring, recessed lighting, and a large picture window that frames the greenery outside. The floor plan flows easily into the dining area and kitchen, where white cabinetry, tile countertops, stainless steel appliances, and generous storage create a clean and functional space with a timeless feel. The home features 2 bedrooms and 1 bathroom, along with an additional bonus/family room that adds valuable flexibility. With its own private entrance, this space works beautifully as a family room, home office, creative studio, guest area, or separate retreat, depending on your needs. A dedicated interior laundry room adds everyday convenience, while additional laundry hookups in the attached 2-car garage offer even more functionality and flexibility. The bathroom has been tastefully updated with a dual-sink vanity, illuminated mirrors, and a glass-enclosed shower, giving the home a fresh and practical touch. Outside, the private side yard offers a quaint outdoor escape with room to relax, garden, dine, entertain, or simply enjoy the shade of the surrounding trees. Complete with a 2-car attached garage, a flexible layout, and a location close to the heart of Burbank, 240 N Keystone Street is a sweet and functional home with warmth, charm, and plenty of potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 30% |
| Baths | 1.0 | 2.0 | 27% |
| Square foot | 1,354 | 1,550 | 39% |
| Lot Size | 5,579 | 6,750 | 11% |
| Price | $949.0K | $1.29M | 8% |
| Price per sq ft | $701 | $872 | 17% |
| Built year | 1948 | 1941 | 73% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 126 | 3% |
May 20, 2026
$949,000
Initial Listing