250 N First St 321, Burbank, California 91502, Burbank, 91502 - 2 bed, 2 bath
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250 N First St 321
Burbank, California 91502
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,100Sq Ft
84,070.797Lot Size
Property Price
LIST PRICE$800,000
EST. MARKET VALUE
$782,155
SUMMARY
This Turnkey Condominium is a High-Potential Investment Opportunity, listed at $800,000—positioned slightly above the $782,156 Fair Market Value by -2%. Featuring an Excellent Condition Rating, this unit boasts a high-end renovation with a Waterfall Kitchen Countertop and Custom Cabinetry. Located in the heart of Downtown Burbank, residents enjoy proximity to Top-Rated Schools like John Muir Middle and Burbank High. With Secured Subterranean Parking and modern amenities, this property is an ideal choice for Urban Professionals or first-time buyers seeking a sophisticated, move-in ready lifestyle.
Estimated Market Value
$782,155
Based on Realkey algorithm analyzing recent comparable sales in Burbank.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 250 N First St 321 Subject | $800,000* List Price | 2 | 2 | 1,100 | $711 | - |
A 250 N First Street 436 Sold | $745,000 | 2 | 2 | 1,052 | $708 | 0.0 mi |
B 300 E Providencia 205 Sold | $670,000 | 2 | 2 | 950 | $705 | 0.6 mi |
C 300 E Providencia Avenue 103 Sold | $640,000 | 2 | 2 | 910 | $703 | 0.6 mi |
D 201 E Angeleno Avenue 206 Sold | $819,000 | 2 | 2 | 1,270 | $645 | 0.2 mi |
E 326 E Valencia C Sold | $679,000 | 2 | 3 | 1,170 | $580 | 0.8 mi |
F 150 S San Fernando Sold | $850,000 | 2 | 2 | 1,530 | $556 | 0.2 mi |
G 305 E Valencia Avenue R Sold | $635,000 | 2 | 3 | 927 | $685 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property is in mint condition following a recent high-end renovation. It features a modern kitchen with a waterfall countertop and custom cabinetry, along with upscale tiled bathrooms and contemporary herringbone flooring. Although built in 2007, the interior updates are less than 5 years old, qualifying it for the excellent rating.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Interior Upgrades
The unit features high-end renovations including waterfall kitchen countertops, custom cabinetry, and upscale tiled bathrooms with dual vanities, offering a move-in-ready luxury aesthetic.
- Prime Urban Location
Situated in the heart of Downtown Burbank, the property offers exceptional walkability and immediate access to vibrant shopping, dining, and entertainment hubs.
- Superior Parking Assets
The inclusion of two side-by-side assigned spaces in a secured subterranean garage is a significant value-add for a high-density downtown condominium.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =84070, other record lot size in square feet = 84258.
- High Monthly HOA Dues
The $612 monthly association fee represents a substantial recurring expense that may impact the overall affordability and debt-to-income ratio for prospective buyers.
- Limited Scenic Appeal
With a standard neighborhood view in a dense urban setting, the property lacks the expansive vistas or privacy often associated with premium luxury price points.
About 250 N First St 321
Experience Luxury Living in the Heart of Downtown Burbank. This prime condo offers the perfect balance of style, comfort, and unbeatable convenience. Located in vibrant Downtown Burbank, this beautifully crafted home delivers modern design and everything you need for upscale urban living. Newly renovated with upscale tiled bathrooms, dual his-and-hers vanities, a stunning waterfall kitchen countertop, and beautifully crafted custom kitchen cabinetry. HOA includes gas, water, and trash. The secured subterranean gated parking comes with two assigned side-by-side spaces. Do not miss the chance to experience the finest of Burbank living!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2007
- Lot Size
- 84,070.797 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $612.0 / Month
Neighborhood Insights
Burbank Unified Schools
Ralph Emerson Elementary School
Grades K-5 • 0.8 mi
7/10
John Muir Middle School
Grades 6-8 • 0.9 mi
8/10
Burbank High School
Grades 9-12 • 0.5 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,100 | 1,102.75 |
| Lot Size | 84,070.797 | 23,681.063 |
| Price | $800.0K | $678.8K |
| Price per sq ft | $727 | $599 |
| Built year | 2007 | 1991 |
| HOA | $612.0 | $413 |
| Days on market | 34 | 61 |
Pricing History
Listed for Sale
Aug 6, 2026
$800,000
Initial Listing
Sold
Mar 13, 2025
$750,000
Public Record
Sold
Mar 27, 2018
$570,000
Public Record
Sold
Dec 7, 2009
$400,000
Public Record