406 University Avenue, Burbank, California 91504, Burbank, 91504 - 3 bed, 2 bath

406 University Avenue, Burbank, California 91504 home-pic-0
ACTIVE$1,450,000
406 University Avenue, Burbank, California 91504
3Beds
2Baths
1,489Sqft
6,947Lot
Year Built
1950
Close
-
List price
$1.45M
Original List price
$1.5M
Price/Sqft
$974
HOA
-
Days on market
-
Sold On
-
MLS number
NP25132249
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 8% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.45M(55th), sqft - 1489(36th), beds - 3(50th), baths - 2(50th).

Tucked away on a quiet street in the desirable Burbank Hills, this inviting 3-bedroom, 2-bathroom home offers 1,722 square feet of comfortable living on a generous 6,945 square foot lot. Step inside to a bright and welcoming living room featuring hardwood floors, recessed lighting, and a cozy fireplace—perfect for relaxing or entertaining. A formal dining room flows into the charming eat-in kitchen, which has been recently refreshed with newly painted cabinetry, tile countertops, and a spacious pantry. Just off the kitchen, a large and versatile family room provides even more living space for movie nights, a play area, or a home office. The primary bedroom offers direct access to the backyard, while two additional bedrooms and two full bathrooms ensure comfort and functionality for family and guests alike. Outside, enjoy a private backyard with a covered patio ideal for dining al fresco or lounging in the shade. A lush side yard is home to mature fruit trees including lemon, orange, mandarin, lime, pomegranate, and avocado—bringing charm and natural beauty to the space. Modern upgrades include enhanced plumbing and electrical systems, new insulation, a newer roof and gutters, wired Ethernet throughout, leased solar panels, and drought-tolerant landscaping for efficiency and sustainability. The detached garage includes a workshop and a custom soundproof booth, perfect for creative projects or remote work. Located in the highly rated Burbank Unified School District and close to parks, shops, and dining, this thoughtfully updated home blends classic character with added space and modern convenience in one of Burbank’s most cherished neighborhoods.

Condition Rating
Fair

The property was built in 1950. While the listing mentions refreshed cabinetry in the kitchen and enhanced plumbing/electrical systems, the kitchen countertops appear dated. The bathrooms also show their age with older vanities and tile work. The overall condition suggests the home has been maintained but requires some updates to meet modern standards. The presence of leased solar panels and drought-tolerant landscaping are positives, but the kitchen and bathrooms hold it back from a 'Good' rating.
Pros & Cons

Pros

Desirable Location: Located in the highly sought-after Burbank Hills, known for its quiet streets and desirable neighborhood feel.
Updated Systems: Features modern upgrades including enhanced plumbing and electrical systems, new insulation, and a newer roof and gutters.
Versatile Living Spaces: Offers multiple living areas including a living room, formal dining room, eat-in kitchen, and a large family room, providing flexibility for various needs.
Outdoor Amenities: Includes a private backyard with a covered patio, mature fruit trees, and drought-tolerant landscaping, enhancing outdoor living.
Soundproof Booth: The detached garage includes a custom soundproof booth, perfect for creative projects or remote work.

Cons

Price Reduction: The property has undergone a price reduction, which may indicate challenges in the current market or perceived drawbacks.
Leased Solar Panels: The presence of leased solar panels may be a deterrent for some buyers due to ongoing monthly payments and contract obligations.
Limited Square Footage: While functional, the square footage of 1,489 sqft might be considered small for some families, especially with 3 bedrooms.

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