
Burbank, California 91505
This Single Family Residence in Magnolia Park is a High-Potential Investment Opportunity, listed at $1,495,000—positioned above the $1,426,861 Fair Market Value. While priced at a premium, the property offers significant upside through its 6,060 sq ft lot and ADU/Expansion Potential. Featuring a Condition Rating of 3, the home is move-in ready with modern updates, yet provides a canvas for personalization. The private pool and prime location near major studios ensure long-term demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a lifestyle-focused asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3416 W Clark Avenue Subject | $1,495,000* List Price | 2 | 2 | 1,492 | $956 | - |
A 613 N California Sold | $1,269,300 | 2 | 2 | 1,473 | $862 | 0.2 mi |
B 544 N California Street Sold | $1,300,000 | 3 | 2 | 1,382 | $941 | 0.3 mi |
C 732 N Lima Street Sold | $1,466,000 | 3 | 2 | 1,597 | $918 | 0.1 mi |
D 3807 W Clark Avenue Sold | $1,255,000 | 3 | 2 | 1,570 | $799 | 0.2 mi |
E 1025 N Screenland Drive Sold | $1,386,000 | 3 | 2 | 1,601 | $866 | 0.4 mi |
F 521 N California Street Sold | $1,272,000 | 3 | 2 | 1,607 | $792 | 0.3 mi |
G 1303 N Evergreen Street Sold | $1,400,000 | 3 | 2 | 1,585 | $883 | 0.8 mi |
H 4211 W Woodland Avenue Sold | $1,549,000 | 3 | 2 | 1,493 | $1,038 | 0.6 mi |
I 533 N Catalina Street Active Under Contract | $1,699,000 List Price | 3 | 2 | 1,606 | $1,058 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite being built in 1939, the property is well-maintained and move-in ready. The interior features updated hardwood floors, recessed lighting, and newer windows, suggesting a renovation within the 5-15 year range. The exterior and landscaping are in great shape, though the 'potential to personalize' note in the description suggests kitchen and baths may be functional but not brand new.
Situated in one of Burbank's most coveted neighborhoods, this property offers exceptional walkability to trendy boutiques, cafes, and major studios, ensuring high demand and long-term appreciation.
The generous 6,058 sq ft lot features a sparkling pool and lush tropical landscaping, providing a rare and tranquil backyard retreat perfect for entertaining and relaxation.
The detached garage and spacious lot size offer a significant opportunity for a guest house or ADU conversion, allowing buyers to add value and versatile living space.
With only two bedrooms, the property may face challenges attracting larger families or buyers seeking a dedicated home office without undertaking a significant expansion.
At nearly $1,000 per square foot for a 1939-built home, the listing price reflects a high entry point that may require additional investment for modern interior updates.
Welcome to 3416 W Clark Ave, perfectly situated in the heart of Magnolia Park, one of Burbank's most sought-after neighborhoods. Set on a generous 6,058 sq ft lot, this beautifully maintained 2-bedroom, 2-bathroom residence offers 1,492 sq ft of comfortable living space blending charm, privacy, and endless potential. Surrounded by lush tropical landscaping, the home features inviting interiors filled with natural light, seamless indoor-outdoor flow, and a tranquil backyard retreat complete with a sparkling pool and detached garage offering excellent potential for storage, creative use, or future possibilities. Whether you are an end-user looking to personalize your dream home or an investor seeking an exceptional opportunity in a premier location, this property delivers the perfect balance of lifestyle, value, and long-term upside. Just moments from Magnolia Park's beloved boutiques, cafes, studios, schools, and top dining, this is a rare chance to own in one of Burbank's most desirable communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,492 | 1,708 |
| Lot Size | 6,060 | 6,504 |
| Price | $1.50M | $1.31M |
| Price per sq ft | $1.0K | $856 |
| Built year | 1939 | 1947 |
| HOA | $0 | $0 |
| Days on market | 5 | 50 |
Jul 17, 2026
$1,495,000
Initial Listing
Mar 23, 2012
$420,000
Public Record