
Burbank, California 91504
This Prime Investment Opportunity is a Single Family Residence listed at $2,995,000—positioned well below the $3,081,036 Fair Market Value by 2%. This valuation gap provides $86,036 in Instant Equity. With a Fair Condition Rating, the property offers significant upside for cosmetic modernization of its 1999-era finishes. Featuring a pool, spa, and mountain views, this home is located within the Burbank Unified district. It is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a spacious, high-potential estate in a gated community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3426 Wedgewood Lane Subject | $2,995,000* List Price | 5 | 6 | 4,320 | $713 | - |
A 3429 Castleman Sold | $2,800,000 | 5 | 4 | 3,891 | $720 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999 (25 years old), the property falls into the 'Fair' category due to its age exceeding 20 years. While well-maintained and functional, the kitchen and bathrooms feature dated Mediterranean-style cabinetry, murals, and finishes that are original to the late-90s/early-2000s era and require modern updates.
Burbank Gated Community Gem! Stunning five-bedroom, 5.5-bath home located in the desirable Burbank Hills gated community, featuring high-end upgrades. A spectacular entryway opens to a dramatic formal living room with soaring approximately 23-foot ceilings and a beautiful fireplace. The home also offers a spacious formal dining room with elegant wainscoting. The gourmet kitchen is equipped with stainless steel appliances, a cozy breakfast nook, and seamlessly flows into the inviting family room with fireplace and adjacent media room with surround sound—perfect for entertaining. The main level includes a private bedroom with en-suite bath, currently used as a home office. Upstairs, the luxurious primary suite features a large sitting area, an expansive bathroom with dual vanities, a Jacuzzi tub, a glass-enclosed shower, Steamed Shower, and a generous walk-in closet. Three additional upstairs bedrooms each offer their own en-suite bathrooms, one with Jacuzzi tub. A versatile upstairs bonus space can be used as a kids’ playroom, gym, or additional family room. Step outside to enjoy the pool and spa, along with a comfortable seating area ideal for relaxing or hosting guests. Additional highlights include a three-car attached garage and a carport.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades K-5 • 1.5 mi
Grades K-5 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 6.0 | 2.0 |
| Square foot | 4,320 | 1,601.762 |
| Lot Size | 10,472 | 6,628.752 |
| Price | $3.00M | $1.31M |
| Price per sq ft | $693 | $879 |
| Built year | 1999 | 1944 |
| HOA | $595.0 | $0 |
| Days on market | 15 | 44 |
Aug 25, 2026
$2,995,000
Initial Listing
May 31, 2005
$1,790,000
Public Record
Jun 18, 2004
$1,225,000
Public Record
Oct 3, 2000
$811,000
Public Record