4140 Warner 205, Burbank, California 91505, Burbank, 91505 - 1 bed, 1 bath
4140 Warner 205
Burbank, California 91505
Property Price
SUMMARY
Analysis of 4140 Warner 205, Burbank, California 91505 is currently available with a list price of $515,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Burbank Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 1964, is well-maintained with gleaming hardwood floors in the living areas. However, the kitchen and bathroom feature significantly outdated styles, including tiled countertops, light wood cabinets, dated light fixtures, and older appliances (electric coil cooktop, double wall oven). While functional and clean, these areas show clear signs of being outdated and would require substantial updates to meet current aesthetic and functional standards, aligning with the 'Fair' category's description of being aged but maintained, with major components showing signs of being outdated.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Location
Situated in the highly desirable Toluca Lake area with Burbank services, offering unparalleled walkability to major entertainment studios (Warner Bros., Disney, Universal), Lakeside Golf Club, and Toluca Lake Village.
- Robust HOA & Recent Building Upgrades
A healthy homeowners' association has invested in significant recent building improvements, including a new roof, upgraded pool decks, community room, sauna, and enhanced security system, ensuring a well-maintained and amenity-rich environment.
- Appealing Interior Features
Boasts an open floor plan, gleaming hardwood floors, a well-appointed 'cook's kitchen,' and ample storage with multiple closets, providing a modern and comfortable living space.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Dues
The association fee of $615.00 per month is substantial for a one-bedroom unit, potentially impacting affordability and overall investment yield.
- Building Age
Constructed in 1964, the building's age, despite recent HOA improvements, may raise concerns about the condition of original systems (e.g., plumbing, electrical) not explicitly mentioned as upgraded, potentially leading to future maintenance considerations.
- Recent Price Reductions
The property has undergone multiple price reductions since its initial listing, which could indicate a longer time on market, initial overpricing, or a need for further market adjustment to attract buyers.
About 4140 Warner 205
In most coveted Toluca Lake area, complete with Burbank services, this spacious one bedroom, one bath condo is within walking distance to Toluca Lake Village, Lakeside Golf Club, Warner Bros., Burbank, Disney and Universal Studios. Step onto gleaming hardwood floors and enjoy the open floor plan, cook's kitchen and balcony with view of Cahuenga hills. Multiple closets and lots of storage space. Healthy homeowners' association with recent building improvements that include new roof, upgraded pool decks, community room, sauna and security system. Location, location, location. A special property, a rare find for entertainment industry, investors or first-time buyers.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1964
- Lot Size
- 24,274 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $615.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 2.0 | 40% |
| Square foot | 760 | 760 | 50% |
| Lot Size | 24,274 | 39,466 | 30% |
| Price | $515.0K | $534.5K | 40% |
| Price per sq ft | $678 | $707 | 50% |
| Built year | 1964 | 1985 | 40% |
| HOA | $615.0 | $396 | 80% |
| Days on market | 123 | 134 | 30% |
Pricing History
Listed for Sale
Jan 21, 2026
$515,000
$525,000
-2% Price Drop
Initial Listing
Price Change
Dec 3, 2025
$525,000
$529,444
-1% Price Drop
Initial Listing
Price Change
Nov 3, 2025
$529,444
Initial Listing
Sold
Nov 29, 2005
$347,500
Public Record
Sold
Jan 7, 1999
$115,000
Public Record