
Burbank, California 91501
This Condominium represents a Strong Value Opportunity, listed at $725,000—positioned well below the $767,907 Fair Market Value by 5%. This valuation gap offers $42,907 in Instant Equity for the buyer. Featuring a Fair Condition Rating, the property offers significant upside through cosmetic kitchen updates. With its soaring vaulted ceilings, private balcony, and central Burbank location, this residence is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a high-potential asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 456 E San Jose Avenue B Subject | $725,000* List Price | 2 | 2 | 1,365 | $563 | - |
A 456 E San Jose L Sold | $650,000 | 2 | 2 | 1,131 | $575 | 0.0 mi |
B 527 E Cypress Avenue C Sold | $780,000 | 2 | 3 | 1,259 | $620 | 0.1 mi |
C 436 E Palm Avenue 301 Sold | $640,000 | 2 | 2 | 1,016 | $630 | 0.2 mi |
D 437 E Palm 308 Sold | $580,000 | 1 | 2 | 900 | $644 | 0.1 mi |
E 435 E Valencia Ave 201 Sold | $715,000 | 2 | 2 | 1,145 | $624 | 0.9 mi |
F 620 N 6th Street 106 Sold | $685,000 | 2 | 3 | 1,288 | $532 | 0.2 mi |
G 441 E San Jose Avenue 209 Active | $899,000 List Price | 3 | 2 | 1,362 | $660 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981 (43 years old), the property falls into the 'Fair' category due to its age and dated features. While the flooring and paint appear recently updated, the kitchen retains dated oak cabinetry and an older fluorescent light box, indicating a renovation age likely exceeding 15-20 years. The property is well-maintained but requires cosmetic updates to the kitchen and likely the bathrooms to meet modern standards.
The residence features soaring vaulted ceilings and a dramatic lofted design, creating a sophisticated sense of scale and providing a versatile flex space for a home office or studio.
Situated in a highly desirable 91501 zip code, the property offers excellent proximity to major entertainment studios and employment hubs, ensuring strong rental demand and resale value.
The open-concept layout and multi-level design are complemented by expansive windows and a private balcony, maximizing natural light and enhancing the indoor-outdoor living experience.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =20390, other record lot size in square feet = 20469. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1365, other record living area = 1246.
Built in 1981, the property may eventually require updates to major systems or common elements to meet modern energy efficiency and contemporary aesthetic standards.
The monthly HOA fee of $411.64 represents a significant recurring carrying cost that buyers must factor into their overall monthly debt-to-income ratio.
In excellent condition. A refined blend of volume, light, and architectural character, this two-bedroom, two-bath residence is defined by soaring vaulted ceilings and a dramatic lofted design that elevates the entire living experience. Natural light pours into the expansive living area, where clean lines and open space create an effortless sense of sophistication and scale. The community's late-century contemporary architecture shines with clean geometric lines and multi-level design. The main living space extends seamlessly to a private balcony, offering a tranquil outdoor retreat and enhancing the home’s airy indoor-outdoor flow. The kitchen is both functional and understated, featuring generous cabinetry, and a breakfast bar that integrates beautifully into the open-concept layout. This is the ideal space for modern living and entertaining! The primary suite provides a calm and comfortable escape, complete with its own en-suite bath and ample closet space, while the secondary bedroom is equally well-sized and versatile. Above, a gorgeous loft overlooks the living area, adding architectural depth and serving as a striking flex space, perfect for a curated home office, studio, or elevated lounge. Thoughtfully designed with an emphasis on space, light, and flow, this residence offers a rare combination of openness and refinement in one of Burbank’s most desirable and centrally located neighborhoods and is an excellent opportunity to own in a centrally located Burbank neighborhood with proximity to major studios and employment hubs.
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 | 1,365 | 1,245 | 64% |
| Lot Size | 20,390 | 14,001 | 71% |
| Price | $725.0K | $720.0K | 50% |
| Price per sq ft | $531 | $609 | 21% |
| Built year | 1981 | 1981 | 50% |
| HOA | $411.64 | $412 | 50% |
| Days on market | 4 | 145 | 7% |
Jun 2, 2026
$725,000
Initial Listing
Apr 14, 1999
$140,000
Public Record