
Burbank, California 91501
This Strong Value Opportunity is listed at $699,000, positioned well below the $723,265 Fair Market Value by 3%. This valuation gap provides $24,265 in Instant Equity. Featuring a Fair Condition Rating, the property offers a versatile loft-style layout, vaulted ceilings, and a rare attic storage space. While the interior reflects its 1981 build, the prime Burbank location near major studios ensures long-term demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a well-located, customizable residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 456 E San Jose K Subject | $699,000* List Price | 2 | 2 | 1,262 | $573 | - |
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 appears well-maintained but dated. The kitchen cabinetry, fireplace tile, track lighting, and carpet suggest the interior has not had a major renovation in over 20 years, placing it in the fair category despite being move-in ready.
The loft-style layout with vaulted ceilings and skylights offers a flexible floor plan that can easily serve as a third bedroom or home office, maximizing the 1,262 sqft footprint.
Located in a prime Burbank neighborhood near major film studios and employment hubs, this property offers high desirability for industry professionals and strong potential for long-term value.
The unit features a large attic storage space, a highly uncommon and valuable amenity for condominium living that provides significant extra utility rarely found in similar units.
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.
Built in 1981, the property may require updates to systems or interior finishes to meet modern aesthetic preferences and energy efficiency standards compared to newer developments.
The monthly association fee of $411.64 represents a significant fixed carrying cost that may impact the purchasing power of budget-conscious buyers.
This two-bedroom, two-bath residence features vaulted ceilings and a loft-style layout that can easily function as a third bedroom, office, or flex space. Filled with natural light from skylight, the open-concept design offers an inviting living room with a fireplace, built-in sound system, and seamless indoor-outdoor flow to a private balcony, perfect for relaxing or entertaining. The thoughtfully designed kitchen features generous cabinetry, ample counter space, and a breakfast bar for casual dining. A conveniently located washer and dryer are tucked inside a hallway closet. The spacious primary suite offers an en-suite bath and abundant closet space, while the loft overlooking the main living area creates the perfect office, lounge, or optional third bedroom. Additional highlights include a large attic storage space providing exceptional extra storage rarely found in similar properties. Located within a well-maintained gated community with HOA paying for water and trash, in one of Burbank’s most desirable central neighborhoods, just moments from major studios, dining, shopping, and major 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 | 1,262 | 1,245 | 57% |
| Lot Size | 20,390 | 14,001 | 71% |
| Price | $699.0K | $707.0K | 50% |
| Price per sq ft | $554 | $609 | 36% |
| Built year | 1981 | 1981 | 50% |
| HOA | $411.64 | $412 | 50% |
| Days on market | 19 | 155 | 7% |
May 27, 2026
$699,000
Initial Listing
Jan 15, 2019
$545,000
Public Record
Jul 1, 2014
$445,000
Public Record
Oct 4, 2002
$270,000
Public Record
Aug 17, 2000
$179,000
Public Record