
Burbank, California 91501
This Multi-Level Townhouse is a Prime Investment Opportunity listed at $758,000—positioned well below the $779,092 Fair Market Value by 2%. This valuation gap provides $21,092 in Instant Equity. While maintaining a Well-Maintained Condition Rating, the 1974 interior offers significant upside through cosmetic modernization. Located in the heart of the Burbank Media District near major studios and Top-Rated Schools like Burbank High, this home features a private deck and two-car garage. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 332 N 5th Street Subject | $728,000* List Price | 2 | 2 | 1,281 | $568 | - |
A 429 E Providencia B Sold | $710,000 | 2 | 2 | 1,050 | $676 | 0.6 mi |
B 639 E Olive Pending | $699,000 List Price | 3 | 3 | 1,465 | $477 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, the property is well-maintained and clean but remains largely unrenovated to modern standards. The kitchen features dated tile countertops and a mix of older appliances, while the bathrooms and hallways retain original-style fluorescent light panels and mirrored closet doors. While functional and move-in ready, the home shows clear signs of being outdated and requires cosmetic updates to align with current quality standards.
Situated just three blocks from Downtown Burbank and minutes from major studios like Disney and Warner Bros, this property offers unparalleled convenience for entertainment industry professionals.
The home is located within the highly-regarded Burbank Unified School District, with access to top-performing schools including Burbank High and John Muir Middle, both rated 8/10.
The three-story design features a private two-car garage, an expansive living area with a patio, and a primary suite with its own balcony, providing excellent separation of space and outdoor access.
The multi-level floor plan requires navigating several flights of stairs to move between the garage, living areas, and bedrooms, which may not appeal to buyers with mobility concerns.
Built in 1974, the property may require modernization of its original systems or cosmetic updates to align with the energy efficiency and aesthetic standards of newer developments.
Price Just Reduced! Motivated Seller – Don't Miss This Incredible Opportunity! The motivated seller is ready to make a deal! This is your chance to own a beautiful home in one of Burbank's most sought-after neighborhoods. Schedule your private showing today before this exceptional opportunity is gone! Charming Burbank Gem in a Prime Location Welcome to 332 N. 5th Street, a beautifully maintained home that perfectly blends timeless charm with modern comfort. Nestled on a quiet, tree-lined street, this inviting residence offers a bright and airy floor plan filled with natural light, creating a warm and welcoming atmosphere from the moment you step inside. Designed for both comfortable everyday living and effortless entertaining, the home features a spacious two-car garage and laundry area on the street level. The second floor boasts an expansive living room, dining area, well-appointed kitchen, and a private patio—perfect for morning coffee, outdoor dining, or relaxing with friends and family. A stylish staircase leads to the third floor, where you'll find two generously sized bedrooms, including a charming primary suite with its own private patio retreat. Location is everything, and this home delivers. Just three blocks from vibrant Downtown Burbank, you'll enjoy easy access to award-winning restaurants, cafés, boutique shopping, movie theaters, and year-round entertainment. For those in the entertainment industry, this location is truly unbeatable. The home is conveniently close to Warner Bros. Studios, Walt Disney Studios, Universal Studios, The Walt Disney Animation Studios, Nickelodeon Animation Studio, Cartoon Network Studios, and FOX Studios, making commuting quick and convenient. With easy access to major freeways, reaching Hollywood, Downtown Los Angeles, Glendale, and surrounding areas is effortless. Whether you're a first-time homebuyer, looking to upgrade, seeking a low-maintenance home in a premier location, or searching for an excellent investment opportunity, 332 N. 5th Street offers exceptional value, an unbeatable location, and the coveted Burbank lifestyle. A true gem that's ready to welcome you home—don't let this opportunity pass you by!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.1 |
| Baths | 2.0 | 2.8 |
| Square foot | 1,281 | 1,443.692 |
| Lot Size | 14,839 | 47,482.154 |
| Price | $728.0K | $730.5K |
| Price per sq ft | $568 | $515 |
| Built year | 1974 | 1980 |
| HOA | $300.0 | $466 |
| Days on market | 152 | 82 |
Jul 17, 2026
$728,000
$758,000
-4% Price Drop
Initial Listing
Apr 10, 2026
$758,000
Initial Listing