437 E E Palm Ave # 201, Burbank, California 91501, Burbank, 91501 - 2 bed, 2 bath
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Burbank, California 91501
This Spacious 2-Bedroom Condominium is a Strong Value Opportunity, listed at $775,000—positioned well below the $825,947 Fair Market Value by 6%. This valuation gap offers $50,947 in Instant Equity for the buyer. The property maintains a Condition Rating of 3, featuring recent cosmetic updates including new flooring and recessed lighting. With three private balconies and a prime Burbank location, this home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 437 E E Palm Ave # 201 Subject | $775,000* List Price | 2 | 2 | 1,375 | $601 | - |
A 436 E Palm Avenue 301 Sold | $640,000 | 2 | 2 | 1,016 | $630 | 0.0 mi |
B 527 E Cypress Avenue C Sold | $780,000 | 2 | 3 | 1,259 | $620 | 0.2 mi |
C 456 E San Jose L Sold | $650,000 | 2 | 2 | 1,131 | $575 | 0.1 mi |
D 635 E Magnolia B Sold | $800,000 | 2 | 2 | 1,231 | $650 | 0.3 mi |
E 435 E Valencia Ave 201 Sold | $715,000 | 2 | 2 | 1,145 | $624 | 0.8 mi |
F 645 E Magnolia Boulevard E Sold | $805,000 | 3 | 3 | 1,562 | $515 | 0.3 mi |
G 456 E San Jose Avenue B Active | $749,900 List Price | 2 | 2 | 1,365 | $549 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1981 but features a recent cosmetic renovation including new flooring, paint, recessed lighting, and hardware. While the kitchen and baths appear to be refreshed rather than fully gutted, the unit is move-in ready, well-maintained, and functional.
Situated in a highly desirable gated community within walking distance to premier shopping and dining, offering both security and urban convenience.
The unit features fresh paint, new flooring, recessed lighting, and updated hardware, providing a move-in-ready experience for the next owner.
With 1,375 square feet of living space, vaulted ceilings, and three private balconies, the home offers an expansive feel with excellent natural light.
The monthly HOA fee of $660 is relatively high, which may impact the overall monthly affordability and debt-to-income ratios for some buyers.
Constructed in 1981, the property may require more long-term maintenance for common areas and systems compared to newer residential developments.
Amazing location in this beautiful gated community. Surrounded by lush landscape this upgraded and spacious 2-bedroom, 2-bath condominium features vaulted ceilings and abundant natural light. Located on the second floor with convenient elevator access directly to your front door. The home has been updated with new paint, flooring, recessed lighting, dishwasher and new door hardware throughout. The primary suite offers an en-suite bath, while the versatile secondary bedroom is ideal for guests or a home office. Enjoy three balconies, perfect for relaxing or entertaining. Ideally situated just minutes from shopping, dining, and everyday conveniences, this home offers comfortable, low-maintenance living in a highly desirable location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,375 | 1,245 | 64% |
| Lot Size | 22,835 | 14,001 | 79% |
| Price | $775.0K | $720.3K | 57% |
| Price per sq ft | $564 | $609 | 36% |
| Built year | 1981 | 1981 | 50% |
| HOA | $660.0 | $418 | 93% |
| Days on market | 0 | 146 | 7% |
May 29, 2026
$775,000
Initial Listing