
Burbank, California 91502
Analysis of 250 N First Street 336, Burbank, California 91502 is currently available with a list price of $645,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Although built in 2007, the property is marketed as a 'Contractor's Special' due to significant water damage affecting the floors and cabinetry. The interior requires a full rehabilitation, with visible damage to the kitchen base cabinets, missing flooring transitions, and staining in the bathrooms, making it unfit for immediate occupancy without substantial repair.
Situated in the heart of 'Beautiful Downtown Burbank,' this unit offers unparalleled walkability to the pedestrian promenade, AMC theaters, and the Burbank Town Center mall.
The complex features high-end community assets including a heated pool, private gym, putting green, bocce ball court, and secure side-by-side parking.
The floor plan maximizes privacy with bedrooms on opposite ends, high ceilings, and floor-to-ceiling windows that lead to a large balcony with mountain views.
The property has sustained water damage to the floors and cabinetry, requiring a complete interior rehabilitation and contractor expertise.
Sold in its current condition via probate, the unit may present financing challenges and requires immediate capital investment for repairs to realize its equity potential.
Contractor's special! Probate sale. Water damage to floors and cabinetry. Unit is being sold AS IS in current condition and will require rehab. But! Location! Located in the heart of "Beautiful Downtown Burbank," you could not get any closer to the action than this two bedroom, two bathroom contemporary condo. This exterior facing unit is ideally situated with natural light pouring in through floor to ceiling windows and glass doors. Mountain views can be marveled from a large outdoor, covered balcony accessed off the living space and both bedrooms. Inside, you'll find a quiet retreat and a great layout with the bedrooms on opposite ends of the unit for privacy, each with their own bathroom. The large primary suite offers dual sinks, large soaking tub and a separate shower. Custom closets throughout maximize storage. A bright living room flows seamlessly with the dining room and kitchen. Additional features include high ceilings, central heat/AC, in-unit stackable laundry, two secure side-by-side garage parking spaces and a separate lockable storage unit. Both the assigned parking and this unit are conveniently located directly adjacent to the elevator for ease of access. While located in the middle of urban convenience, once inside, this well-maintained, resort-like complex feels surprisingly serene, featuring a private gym, community game room and multiple outdoor green spaces that include a sparkling heated pool with lounge chairs, putting green, BBQ area, fire pit, bocce ball court and fountain. Outside you're literally steps away from all that the city has to offer - a pedestrian-friendly promenade, AMC movie theaters, countless shops and restaurants, and the Burbank Town Center mall. Combine all of this with Burbank's unparalleled city services and highly regarded schools. With a little bit of effort, this unit could easily be upgraded and improved for instant equity. Don't miss this great opportunity at an unbeatable price.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,000 | 1,340 | 25% |
| Lot Size | 84,242 | 31,227 | 75% |
| Price | $645.0K | $834.5K | 25% |
| Price per sq ft | $645 | $633 | 75% |
| Built year | 2007 | 2006 | 75% |
| HOA | $595.0 | $619 | 50% |
| Days on market | 26 | 81 | 25% |
Mar 27, 2026
$645,000
Initial Listing
Jun 19, 2017
$540,000
Public Record
Nov 15, 2010
$415,000
Public Record