433 N Buena Vista Street, Burbank, California 91505, Burbank, 91505 - 4 bed, 3 bath

433 N Buena Vista Street, Burbank, California 91505 home-pic-0
ACTIVE$1,225,000
433 N Buena Vista Street, Burbank, California 91505
4Beds
3Baths
1,320Sqft
5,630Lot
Year Built
1937
Close
-
List price
$1.23M
Original List price
$1.4M
Price/Sqft
$928
HOA
-
Days on market
-
Sold On
-
MLS number
BB25053603
Home ConditionExcellent
Features
Deck
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.23M(50th), sqft - 1320(20th), beds - 4(80th), baths - 3(80th).

Completely remodeled home with new ADU all with permits. Home features 3 bedrooms & 2 Bathrooms. New flooring, New windows, New Roof, New AC, Primary bedroom with primary bath has sliding door to patio. Laundry hookups inside home. Kitchen opens up to dining area & Living room. Alley access with new sliding fence. Brand new ADU with permits. Laundry hookups inside ADU

Condition Rating
Excellent

The property has undergone a comprehensive, recent renovation, including new flooring, windows, roof, and AC, as stated in the description. The images confirm a modern, high-quality kitchen with new gray shaker cabinets, quartz countertops, and stainless steel appliances. Bathrooms are also fully updated with new vanities, fixtures, and finishes. A brand new ADU further enhances the property, making the entire offering virtually new and meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

New ADU with Permits: A brand new Accessory Dwelling Unit (ADU) with all necessary permits significantly enhances property value, offering substantial rental income potential or flexible living arrangements.
Comprehensive Modern Renovation: The main home has undergone a complete remodel, including new flooring, windows, roof, and AC, ensuring a move-in ready condition with reduced immediate maintenance costs for major systems.
Prime Burbank Location: Situated in Burbank, a highly desirable Southern California city known for its excellent schools, safety, and convenient access to major entertainment studios and urban amenities.
Residential Income Potential: Classified as a 'Residential Income' property and 'Duplex' due to the ADU, it presents a strong opportunity for investors or homeowners seeking a reliable secondary income stream.
Modern Layout & Primary Suite: The main home features an open-concept kitchen flowing into the dining and living areas, complemented by a primary bedroom with an en-suite bath and direct patio access, enhancing comfort and appeal.

Cons

Age of Original Structure: Despite extensive remodeling, the original home was built in 1937, which may raise concerns about the underlying infrastructure or require further inspection beyond the visible updates.
Price Reduction & Market Duration: A notable price reduction from the original list price and over three months on the market could indicate initial overpricing or suggest a slower-than-average buyer interest.
Undefined Outdoor Living Space: The description lacks specific details about the overall outdoor living areas or yard beyond the primary bedroom's patio access, which might be a consideration for buyers prioritizing exterior amenities.

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