2812 Jolley, Burbank, California 91504, Burbank, 91504 - 3 bed, 2 bath
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2812 Jolley
Burbank, California 91504
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,470Sq Ft
6,113Lot Size
Property Price
LIST PRICE$1,250,000
EST. MARKET VALUE
$1,343,451
6% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $1,250,000—positioned well below the $1,343,452 Fair Market Value by 6%. This valuation gap offers $93,452 in Instant Equity for buyers. Featuring a private pool and mountain views, the home requires modernization given its Condition Rating of 4. Located in the Burbank Unified district, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value through strategic renovations.
Estimated Market Value
$1,343,451+$93,451 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 2812 Jolley Subject | $1,250,000* List Price | 3 | 2 | 1,470 | $914 | - |
A 2436 N Lincoln Sold | $1,375,000 | 3 | 2 | 1,566 | $878 | 0.5 mi |
B 419 Tufts Sold | $1,315,000 | 3 | 2 | 1,489 | $883 | 0.8 mi |
C 420 Tufts Sold | $1,469,000 | 2 | 2 | 1,763 | $833 | 0.9 mi |
D 725 Tufts Avenue Sold | $1,442,750 | 3 | 2 | 1,492 | $967 | 0.8 mi |
E 430 Tufts Sold | $1,425,000 | 3 | 2 | 1,591 | $896 | 0.9 mi |
F 2711 N Lincoln Street Sold | $995,000 | 3 | 1 | 1,164 | $855 | 0.5 mi |
G 400 University Avenue Active | $1,275,000 List Price | 3 | 2 | 1,489 | $856 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1952, this home is over 70 years old and retains a dated interior with older tile flooring, windows, and fixtures. While functional and featuring a maintained pool, the 'as-is' probate status and lack of recent renovation history suggest a need for significant cosmetic updates and potential system overhauls.
PROSSTRENGTHS & OPPORTUNITIES
- Outdoor Living & Views
The property features a private pool and expansive mountain views, providing a serene outdoor retreat that is highly sought after in the Burbank market.
- Prime Studio District Location
Ideally situated near major film studios, top-rated Burbank Unified schools, and local amenities, offering excellent convenience and long-term investment value.
- Functional Single-Story Layout
The 1,470-square-foot floor plan offers a desirable quasi-open kitchen and family room flow, complemented by classic mid-century character and mature landscaping.
CONSRISKS & DEFICIENCIES
- As-Is Probate Sale
Sold in its current condition with no seller warranties or representations, requiring the buyer to assume all risks and potential costs for repairs or upgrades.
- Dated Infrastructure
Built in 1952, the home likely requires significant modernization of its systems and finishes to meet contemporary standards and maximize its full potential.
About 2812 Jolley
Welcome to 2812 Jolley Drive, a charming single-story Burbank residence offering 3 bedrooms, 2 bathrooms and approximately 1,470 square feet of comfortable living space. Built in 1952, this inviting home blends classic character with wonderful possibilities for today's lifestyle. A quasi-open kitchen flows seamlessly into the family room with a fireplace, where expansive windows frame views of the gleaming pool and the surrounding mountains. Beautiful mature shade trees frame the home, creating a welcoming sense of tranquility. Ideally situated in an established Burbank neighborhood near shopping, dining, parks, schools and the renowned studios that define the city, 2812 Jolley Drive offers an exceptional opportunity to enjoy the best of Burbank living - mountain views, a pool, mature landscaping, character and location. Probate Sale - No Court Confirmation Required Property sold "AS-IS." Seller makes no representations or warranties. Buyer to conduct all inspections and independently verify permits and property information.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 6,113 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,470 | 1,601.762 |
| Lot Size | 6,113 | 6,628.752 |
| Price | $1.25M | $1.31M |
| Price per sq ft | $850 | $879 |
| Built year | 1952 | 1944 |
| HOA | $0 | $0 |
| Days on market | 14 | 44 |
Pricing History
Listed for Sale
Aug 26, 2026
$1,250,000
Initial Listing
Sold
Mar 31, 1988
$255,000
Public Record