409 S Lamer Street, Burbank, California 91506, Burbank, 91506 - 3 bed, 2 bath
Loading property details...
Burbank, California 91506
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $1,399,000—positioned well below the $1,414,586 Fair Market Value by 1%. This valuation gap offers $15,586 in Instant Equity. Featuring an Excellent Condition Rating, the property includes a sparkling swimming pool, dual fireplaces, and a professional sound studio conversion. Located in the Burbank Unified district, this home balances lifestyle luxury with financial stability. It is an ideal acquisition for Owner-Occupants or creative professionals seeking a turnkey Rancho District residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 409 S Lamer Street Subject | $1,399,000* List Price | 3 | 2 | 1,472 | $961 | - |
A 401 S Orchard Drive Sold | $1,325,000 | 3 | 2 | 1,422 | $932 | 0.2 mi |
B 527 S Orchard Drive Sold | $1,267,000 | 4 | 2 | 1,490 | $850 | 0.1 mi |
C 1324 W Morningside Sold | $1,495,000 | 3 | 2 | 1,560 | $958 | 0.6 mi |
D 612 S Mariposa Street Sold | $1,500,000 | 3 | 2 | 1,589 | $944 | 0.5 mi |
E 405 N Beachwood Sold | $1,520,000 | 3 | 2 | 1,629 | $933 | 1.0 mi |
F 228 N Beachwood Drive Sold | $1,150,000 | 3 | 1 | 1,178 | $976 | 0.8 mi |
G 311 S Mariposa Street S Sold | $1,030,000 | 2 | 1 | 1,022 | $1,008 | 0.6 mi |
H 322 S Orchard Active | $1,199,000 List Price | 3 | 1 | 1,309 | $916 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1941, the property has been well-maintained and updated. Interior images show a modern bathroom renovation with contemporary tiling and fixtures, recessed lighting, and polished hardwood floors. The exterior, pool area, and professional garage conversion indicate a home that is move-in ready and functional, consistent with a 5-15 year renovation cycle.
Situated in Burbank's highly coveted Rancho District, the property offers exceptional access to equestrian trails, Griffith Park, and major entertainment studios in a picturesque, tree-lined setting.
The detached garage conversion into a professional sound studio provides immediate value for creative professionals or serves as a strong foundation for a future ADU conversion.
The home features timeless 1940s charm, highlighted by soaring wood-beamed ceilings, rich architectural details, and dual fireplaces that create a grand yet inviting atmosphere.
At 1,472 square feet for a three-bedroom home, the interior living space may feel compact for families or buyers accustomed to more expansive modern floor plans.
The property does not offer any significant views, which may be a disadvantage compared to other premium listings in the surrounding Burbank hillside areas.
Tucked away in Burbank's coveted Rancho District, 409 S. Lamer Street captures the charm and character that have made this neighborhood one of the city's most sought after destinations. Surrounded by picturesque tree lined streets and distinctive homes, this property offers the perfect blend of timeless style, comfortable living, and endless possibilities. A welcoming front porch and expansive front lawn create an inviting first impression, while the home's classic architecture hints at the warmth waiting inside. Step through the front door into a spacious living room where soaring wood beamed ceilings, rich architectural details, and a beautiful fireplace create an atmosphere that feels both grand and inviting. A second fireplace adds even more character, making the home ideal for cozy evenings or entertaining family and friends. The thoughtfully designed floor plan flows naturally from the living spaces into a generously sized kitchen featuring abundant cabinetry, ample counter space, and an easy connection to the dining and gathering areas, making everyday living as comfortable as hosting special occasions. The three bedrooms are well proportioned and filled with natural light, while the two bathrooms have been designed to comfortably serve both family and guests. Every room reflects the warmth and personality that make this home truly memorable. Step outside and discover your own private backyard retreat. The sparkling swimming pool becomes the centerpiece of the outdoor living space, surrounded by patios that invite everything from summer barbecues and pool parties to peaceful mornings and relaxing evenings under the California sky. With plenty of room to lounge, dine, and entertain, this backyard is designed to be enjoyed year round. Adding exceptional flexibility is the detached garage conversion, currently configured as a professional sound studio. Whether you envision a home office, creative workspace, fitness studio, guest quarters, hobby room, or explore future ADU possibilities (buyer to verify), this bonus space offers tremendous versatility to fit your lifestyle. Located just moments from Griffith Park, equestrian trails, shopping, dining, studios, and everything that makes the Rancho District so desirable, 409 S. Lamer Street presents a rare opportunity to own a home rich in character, generous in space, and perfectly suited for the Southern California lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,472 | 1,708 |
| Lot Size | 6,433 | 6,504 |
| Price | $1.40M | $1.31M |
| Price per sq ft | $950 | $856 |
| Built year | 1941 | 1947 |
| HOA | $0 | $0 |
| Days on market | 5 | 50 |
Jul 17, 2026
$1,399,000
Initial Listing
Oct 21, 2020
$1,040,000
Public Record
Jun 30, 2006
$769,000
Public Record
Feb 29, 2000
$375,000
Public Record