
Burbank, California 91506
This Strong Value Opportunity is a Single Family Residence listed at $1,395,000—positioned well below the $1,485,368 Fair Market Value by 6%. This valuation gap offers $90,368 in Instant Equity. Featuring a Condition Rating of 3, the home includes owned solar panels, a pool, and ADU potential via the detached pool room. Located in the Burbank Unified district, this property is an ideal acquisition for Owner-Occupants seeking versatility or Buy-and-Hold Investors targeting the Media District.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 322 S Lincoln Street Subject | $1,395,000* List Price | 3 | 3 | 1,721 | $863 | - |
A 442 S Lamer Street Sold | $1,680,000 | 3 | 3 | 1,711 | $982 | 0.3 mi |
B 640 S Parish Street Sold | $1,460,000 | 3 | 2 | 1,636 | $892 | 0.4 mi |
C 504 N Reese Place Sold | $1,459,000 | 3 | 2 | 1,570 | $929 | 0.9 mi |
D 401 S Orchard Drive Sold | $1,325,000 | 3 | 2 | 1,422 | $932 | 0.3 mi |
E 532 N Reese Sold | $1,025,000 | 3 | 2 | 1,701 | $603 | 1.0 mi |
F 322 S Orchard Sold | $1,295,000 | 3 | 1 | 1,309 | $989 | 0.3 mi |
G 510 S Sparks Sold | $1,440,000 | 3 | 2 | 2,021 | $713 | 0.5 mi |
H 517 S Griffith Park Sold | $1,680,000 | 3 | 3 | 1,925 | $873 | 0.5 mi |
I 409 S Lamer Street Pending | $1,399,000 List Price | 3 | 2 | 1,472 | $950 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1944, the property is well-maintained and move-in ready with significant system upgrades including a newer roof, newer HVAC, and owned solar panels. The interior features updated recessed lighting and refinished hardwood floors, suggesting renovations within the 5-15 year range, despite the 'vintage' kitchen style.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7067, living area = 1721.
The property features a flexible attached guest suite and a detached pool room with a bathroom, offering excellent potential for an ADU, home office, or multi-generational living.
Situated just half a block from the Disney building on a picturesque tree-lined street, this home offers unparalleled access to major studios, dining, and entertainment.
With 1,721 square feet distributed across a potential four-bedroom configuration, the interior layout may feel tight for buyers seeking large, open-concept living areas.
As a 1944 cottage-style residence, the property may require specialized upkeep to maintain its character and address the inherent maintenance needs of an older structure.
Charming cottage-style home on a beautiful tree-lined street just half a block from the Disney building on Alameda. The home has 3 bedrooms, 2 bathrooms, hardwood floors, and a spacious kitchen with a vintage stove, center island, and abundant storage. A flexible attached area at the rear of the house has a private entrance, it can function as separate guest quarters or be incorporated into the main living space as a 4th bedroom. The backyard features a gorgeous pool, barbecue area, and outdoor shower. Behind the detached two-car garage is a pool room with an additional bathroom, offering potential for an ADU, office, studio, gym, or guest space (buyer to verify). Additional features include owned solar panels, newer HVAC, and a newer roof. This pride-of-ownership property offers character, versatility, and an exceptional location near shopping, dining, entertainment, and transportation.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,721 | 1,601.762 |
| Lot Size | 7,067 | 6,628.752 |
| Price | $1.40M | $1.31M |
| Price per sq ft | $811 | $879 |
| Built year | 1944 | 1944 |
| HOA | $0 | $0 |
| Days on market | 6 | 44 |
Sep 3, 2026
$1,395,000
Initial Listing
Jun 10, 1999
$275,000
Public Record