
Burbank, California 91506
This Versatile Rancho District Residence is a High-Potential Investment Opportunity, listed at $930,000—positioned well below the $1,041,278 Fair Market Value by 10%. This valuation gap offers $111,278 in Instant Equity for incoming buyers. The property maintains a Condition Rating of 3 with essential upgrades to HVAC, plumbing, and sewer systems. Its BUR4 High-Density Zoning and proximity to Disney and Warner Bros Studios provide significant long-term appreciation potential. This asset is perfectly suited for Owner-Occupants or Strategic Investors.
Property is move-in ready.
Despite the 1938 build date, the property is well-maintained and move-in ready. Key systems including HVAC, plumbing, and sewer have been upgraded. The kitchen and bathroom feature modern updates such as stone countertops and newer vanities, placing the renovation age within the 5-15 year range.
Situated in the prestigious Rancho District near major studios like Disney and Warner Bros, offering high demand and excellent convenience for industry professionals.
The property features essential modern updates including upgraded plumbing, sewer, and HVAC systems, reducing immediate capital expenditure for the buyer.
Zoned BUR4, this property offers unique future development potential or investment versatility beyond a standard single-family residence.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1100, other record living area = 864.
With only one primary bedroom and a den/office, the layout may be restrictive for families or buyers requiring multiple traditional bedrooms.
The 4,359 sqft lot is relatively small for the Rancho District, potentially limiting outdoor amenities or equestrian use compared to neighboring properties.
Nestled in the highly sought-after Rancho District of Burbank, close to the equestrian center, this charming and versatile property offers character, functionality and future potential. The 1938 home features 1 bedroom + office/den with additional detached office, 1 full bath and a 1/4 bath. Plumbing, sewer and HVAC systems have been upgraded. Wood floors. Private backyard. Zoned BUR4. Close to NBC Universal, Warner Bros and Disney Studios.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 27% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,100 | 1,550 | 22% |
| Lot Size | 4,359 | 6,748 | 5% |
| Price | $845.0K | $1.31M | 5% |
| Price per sq ft | $768 | $871 | 30% |
| Built year | 1938 | 1941 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 123 | 6% |
May 26, 2026
$845,000
$930,000
-9% Price Drop
Initial Listing
Apr 25, 2026
$930,000
Initial Listing
Mar 29, 2024
$900,000
Public Record
Aug 20, 2015
$450,000
Public Record