417 N Lamer Street, Burbank, California 91506, Burbank, 91506 - 5 bed, 2 bath
ACTIVE$1,299,000
417 N Lamer Street, Burbank, California 91506
5Beds
2Baths
1,510Sqft
6,658Lot
Year Built
1924
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$860
HOA
-
Days on market
-
Sold On
-
MLS number
GD25148714
Home ConditionPoor
Features
View-
About this home
Possibly Over-Priced:The estimated price is 12% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.30M(44th), sqft - 1510(46th), beds - 5(87th), baths - 2(50th).
PLEASE DO NOT CONTACT SELLERS Contact Listing Agent for more information.
Price History
Date
Event
Price
07/08/25
$1,299,000
Condition Rating
Poor
The property was built in 1924, making it 100 years old. The MLS listing provides only a single exterior image and no details whatsoever about the interior condition, including the kitchen, bathrooms, appliances, flooring, or major systems (HVAC, electrical, plumbing). The absence of interior photos for a property of this age strongly suggests that the interior is in very dated or poor condition, requiring substantial repairs and rehabilitation to meet modern living standards. While the exterior shows some cosmetic upkeep (paint, fence, artificial turf), this does not reflect the likely state of the critical interior components and infrastructure.
Pros & Cons
Pros
Prime Location: Situated in highly desirable Burbank, known for its strong community, excellent schools (Burbank Unified), and close proximity to major entertainment studios and amenities, ensuring consistent demand.
Generous Lot Size: The 6,658 sqft lot offers ample outdoor space, potential for landscaping, expansion, or the addition of an Accessory Dwelling Unit (ADU), significantly enhancing future value.
High Bedroom Count: With 5 bedrooms, the property caters well to larger families, multi-generational living, or provides flexibility for dedicated home offices and guest accommodations.
Strong School District: Being part of the well-regarded Burbank Unified School District is a significant draw for families, contributing to the property's long-term appeal and resale value.
Investment Potential: Properties in Burbank consistently demonstrate strong appreciation and market stability, positioning this as a sound long-term investment in a competitive Southern California market.
Cons
Age and Required Updates: Built in 1924, the property is nearly a century old, indicating a high likelihood of needing substantial updates to major systems (plumbing, electrical, HVAC) and significant cosmetic renovations to meet modern buyer expectations.
Bathroom-to-Bedroom Ratio: With only 2 bathrooms for 5 bedrooms, the ratio is low, which could be inconvenient for a large household and may necessitate costly renovations to add more functional bathing facilities.
Limited Interior Space: At 1,510 sqft for 5 bedrooms, the individual room sizes are likely compact, potentially leading to a cramped feel and limiting spacious living areas, which may not appeal to buyers seeking open layouts.