
Burbank, California 91502
Analysis of 250 N First Street 524, Burbank, California 91502 is currently available with a list price of $1,175,000. 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.
Property is move-in ready.
Built in 2007, this 19-year-old penthouse is well-maintained and move-in ready. The kitchen features functional stainless steel appliances and granite countertops consistent with the original high-end construction, and the living areas show pride of ownership with clean finishes and modern architectural appeal.
Situated in the heart of Downtown Burbank, the property offers unparalleled walkability to premier dining, shopping, and major entertainment studios like Disney and Warner Bros.
This rare two-story corner unit features over 2,100 square feet of living space with soaring ceilings and a versatile loft, providing the scale and privacy of a single-family home.
As a corner penthouse with a wall of windows, the residence captures abundant natural light and offers impressive mountain and city light views from two private balconies.
The monthly association fee of $753 is a significant recurring expense that increases the total cost of ownership and may impact buyer affordability.
Located directly above a major movie theater and in a high-density commercial hub, the unit may be subject to significant ambient noise and high foot traffic.
Set within The Burbank Collection in the heart of Downtown Burbank, this rare two-story corner penthouse offers over 2,100 square feet of living space, 3 bedrooms, 3 bathrooms, two private balconies, two parking spaces, and additional storage. This exceptional penthouse residence offers a rare combination of generous living space, natural light, privacy, architectural character, and the ease of luxury condominium living. The open-concept floor plan is enhanced by soaring ceilings, dramatic architectural lines, and striking angles that create a remarkable sense of volume and character. A wall of windows framing mountain views fills the main living space with natural light and provides an impressive backdrop for everyday living and entertaining. The expansive living and dining areas flow seamlessly into the kitchen, creating an inviting setting for both intimate gatherings and larger celebrations. A versatile loft, currently enjoyed as a media room, offers exceptional flexibility for a home theater, office, creative studio, or additional lounge space. With its two-story layout, generous scale, private outdoor spaces, and thoughtful separation of living areas, this penthouse offers the feel of a single-family home with the convenience of refined urban living. Residents enjoy desirable community amenities including a gym, pool, and community room. Set in the center of Downtown Burbank, the home offers exceptional access to Disney, Warner Bros., NBC, Universal Studios, premier dining, shopping, entertainment, freeway access, Hollywood Burbank Airport, JSX, Burbank Town Center, North America's largest IKEA, Wildwood Canyon, and more than 600 shops, restaurants, and activities throughout Downtown Burbank. AMC Burbank 16 is located downstairs and was named the top-grossing movie theater in the country for 2025, according to Comscore reporting. A rare opportunity to own one of Burbank's most remarkable penthouse offerings in the center of it all.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.1 |
| Baths | 3.0 | 2.8 |
| Square foot | 2,110 | 1,443.692 |
| Lot Size | 84,245 | 47,482.154 |
| Price | $1.18M | $730.5K |
| Price per sq ft | $557 | $515 |
| Built year | 2007 | 1980 |
| HOA | $753.0 | $466 |
| Days on market | 48 | 82 |
Jul 23, 2026
$1,175,000
Initial Listing
May 26, 2010
$595,000
Public Record