
Burbank, California 91504
This Spacious Single Family Residence is a High-Potential Investment Opportunity, listed at $1,499,000—positioned well below the $1,533,822 Fair Market Value by 2%. This valuation gap offers $34,822 in Instant Equity. Featuring a Good Condition Rating with a new roof and updated kitchen, the property offers significant upside through its ADU Potential on a 7,008 sqft lot. Located near major studios and top-rated schools, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 414 University Avenue Subject | $1,499,000* List Price | 4 | 2 | 1,824 | $841 | - |
A 420 Tufts Sold | $1,469,000 | 2 | 2 | 1,763 | $833 | 0.1 mi |
B 1831 Richard Street Sold | $1,460,000 | 3 | 2 | 1,993 | $733 | 0.5 mi |
C 725 Tufts Avenue Sold | $1,442,750 | 3 | 2 | 1,492 | $967 | 0.3 mi |
D 736 Brown Sold | $1,723,000 | 4 | 2 | 2,160 | $798 | 0.9 mi |
E 430 Tufts Sold | $1,425,000 | 3 | 2 | 1,591 | $896 | 0.1 mi |
F 2405 Jolley Sold | $1,450,000 | 3 | 2 | 1,577 | $919 | 0.7 mi |
G 749 Stanford Road Sold | $1,900,000 | 4 | 3 | 1,922 | $989 | 0.6 mi |
H 400 University Avenue Active | $1,275,000 List Price | 3 | 2 | 1,489 | $856 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Originally built in 1949, the home has undergone significant updates including a new roof, windows, and patio doors. The interior is move-in ready with a renovated kitchen featuring shaker cabinets, updated flooring (hardwood and LVP), recessed lighting, and central HVAC, placing it well within the 5-15 year renovation window for a 'Good' rating.
The property features a brand-new roof, windows, and patio doors, providing immediate value and reducing near-term maintenance costs for the buyer.
The generous 7,008 square foot lot includes a detached two-car garage and a long driveway, offering excellent potential for an Accessory Dwelling Unit (ADU) to increase property value or rental income.
Ideally situated near major film studios, McCambridge Rec Center, and top-rated schools, this home is located in a high-demand neighborhood with strong long-term appreciation prospects.
The property is sold with tenants in place, which may limit immediate possession for owner-occupants and complicate traditional residential financing requirements.
Built in 1949, the home may require additional updates to original interior systems and finishes to meet modern luxury standards despite recent exterior improvements.
Welcome to this spacious and inviting 4-bedroom, 2-bathroom home offering approximately 1,824 square feet in the heart of Burbank. Hardwood floors and a gas fireplace bring warmth and character to the living room, while the dining area connects to a well-appointed kitchen with a charming breakfast nook. A versatile bonus room with sliding doors to the backyard is ideal for a home office, den, playroom or creative space. Additional highlights include central air/heat. Includes new roof, windows and patio doors. Outside, the expansive backyard offers plenty of room to relax, entertain or garden. A long driveway leads a covered car port and detached two-car garage, providing generous parking, storage and possible future ADU potential, subject to buyer verification and city approval. Conveniently located near parks, shopping, dining, schools and Burbank's major studios, this home offers space, comfort and exciting possibilities in a highly desirable neighborhood close to Burbank High and McCambridge Rec Center. Property is tenant occupied and will be sold with the tenants in place.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,824 | 1,601.762 |
| Lot Size | 7,008 | 6,628.752 |
| Price | $1.50M | $1.31M |
| Price per sq ft | $822 | $879 |
| Built year | 1949 | 1944 |
| HOA | $0 | $0 |
| Days on market | 4 | 44 |
Sep 5, 2026
$1,499,000
Initial Listing
Mar 30, 2007
$849,000
Public Record