249 W Santa Anita, Burbank, California 91502, Burbank, 91502 - 2 bed, 1 bath
249 W Santa Anita
Burbank, California 91502
Property Price
SUMMARY
Analysis of 249 W Santa Anita, Burbank, California 91502 reveals a Prime Investment Opportunity with a current list price of $949,000—significantly undercutting the $1,090,073 Fair Market Value by 12%. This valuation gap indicates a +$141,073 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 249 W Santa Anita Subject | $949,000* List Price | 2 | 1 | 1,135 | $960 | - |
A 336 E Tujunga Avenue Sold | $1,100,000 | 3 | 1 | 1,040 | $1,058 | 0.8 mi |
B 231 W Cedar Avenue Active Under Contract | $899,000 List Price | 2 | 2 | 1,007 | $893 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features significant high-value infrastructure updates including a brand-new roof, recently replaced sewer line, copper plumbing, and central HVAC. While originally built in 1937, the home has been well-maintained with polished hardwood flooring and updated systems, requiring no immediate major renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Major Infrastructure Upgrades
The property features significant high-value updates including a brand-new roof, a recently replaced sewer line, copper plumbing, and central HVAC, providing immediate peace of mind for the buyer.
- Prime Location and Schools
Situated in a highly sought-after Burbank neighborhood within the award-winning Burbank Unified School District, the home offers excellent long-term investment stability and family appeal.
- Development Potential
The detached two-car garage and spacious private backyard offer a versatile footprint, ideal for a potential Accessory Dwelling Unit (ADU) conversion or future home expansion.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With only one bathroom serving the entire household, the layout may pose a challenge for families or buyers who prioritize modern convenience and privacy.
- Compact Living Space
At 1,135 square feet, the interior living area is relatively modest, which may feel restrictive for those seeking a more expansive or open-concept floor plan.
About 249 W Santa Anita
Charming traditional 2-bedroom, 1-bath home in highly desirable **Burbank**! Full of warmth and character, this inviting residence blends classic appeal with thoughtful upgrades throughout. Step inside to discover beautiful hardwood flooring, copper plumbing, central air and heat, and a cozy fireplace anchoring the light-filled living room—perfect for relaxing evenings at home. The brand new roof and recently replaced sewer line offer added peace of mind for years to come. The spacious and very private backyard provides the ideal setting for entertaining, gardening, or simply enjoying Southern California’s sunshine. A detached two-car garage adds convenience and flexibility, whether for parking, storage, or creative space. Ideally located near a children’s playlot and within the award-winning **Burbank Unified School District**, this home offers both comfort and community in one of the area’s most sought-after neighborhoods. A wonderful opportunity to own a home filled with charm, character, and lasting value in the heart of Burbank.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1937
- Lot Size
- 5,751 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 | 1.0 | 1.0 | 50% |
| Square foot | 1,135 | 1,176.5 | 50% |
| Lot Size | 5,751 | 7,075 | 17% |
| Price | $949.0K | $1.04M | 17% |
| Price per sq ft | $836 | $832 | 50% |
| Built year | 1937 | 1937 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 101 | 17% |
Pricing History
Listed for Sale
Feb 26, 2026
$949,000
Initial Listing