505 Cambridge Drive, Burbank, California 91504, Burbank, 91504 - 3 bed, 3 bath
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Burbank, California 91504
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,785,000—positioned well above the $1,548,418 Fair Market Value. While priced at a premium, the property features a 740-square-foot Detached Guest House and a generous 11,104-square-foot lot, offering significant versatility for multi-generational living or creative use. With a Condition Rating of 3, the home is move-in ready, featuring modern kitchen updates and solar panels. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, high-utility asset in the desirable Burbank Hills.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 505 Cambridge Drive Subject | $1,785,000* List Price | 3 | 3 | 2,524 | $613 | - |
A 501 Birmingham Road Sold | $1,850,000 | 5 | 3 | 2,404 | $770 | 0.1 mi |
B 435 Eton Drive Sold | $1,765,000 | 4 | 2 | 2,290 | $771 | 0.1 mi |
C 906 Groton Drive Sold | $1,500,000 | 3 | 3 | 2,550 | $588 | 0.6 mi |
D 736 Brown Sold | $1,723,000 | 4 | 2 | 2,160 | $798 | 0.6 mi |
E 415 Birmingham Road Sold | $1,710,000 | 4 | 4 | 2,297 | $744 | 0.1 mi |
F 837 Brown Drive Sold | $1,800,000 | 4 | 3 | 2,308 | $780 | 0.7 mi |
G 430 Tufts Sold | $1,425,000 | 3 | 2 | 1,591 | $896 | 0.2 mi |
H 1012 N Sunset Canyon Drive Active Under Contract | $1,699,996 List Price | 3 | 2 | 2,316 | $734 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1950, the property shows clear evidence of a comprehensive renovation likely within the last 10-15 years. The kitchen is updated with contemporary cabinetry, stone countertops, and stainless steel appliances. The interior features modern laminate flooring and updated fixtures. Additionally, the inclusion of solar panels indicates an investment in modern systems, and the overall condition is move-in ready and well-maintained.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11104, living area = 2524.
The property features a substantial 740-square-foot detached guest house, offering exceptional versatility for multi-generational living, a professional home office, or a creative studio.
Situated on a generous 11,104-square-foot lot, the home provides ample outdoor space with professional landscaping and a covered patio, a rare find in the desirable Burbank Hills area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2524, other record living area = 1793.
The detached guest house currently only includes a half-bath, which may require additional capital investment to convert into a full ADU or guest suite with a shower/tub.
Built in 1950, the residence may necessitate updates to its original systems or layout to meet the modern efficiency and aesthetic standards expected at this price point.
Welcome to this beautiful Burbank Hills home, offering the perfect blend of comfort, space, and versatility. This well-maintained single-story residence offers 1,784 square feet of living space with 3 bedrooms, 2.5 bathrooms, a spacious living room, formal dining room, and a versatile den, providing an ideal layout for both everyday living and entertaining. The thoughtfully designed floor plan features a spacious kitchen with a breakfast nook, a formal dining room, and a generous living room, creating a comfortable flow throughout the home. Additional highlights include fully paid-off solar panels, providing energy efficiency and long-term savings. Step outside to beautifully landscaped grounds and a covered patio, perfect for outdoor dining, entertaining, or simply relaxing. A standout feature of the property is the detached 740-square-foot guest house, complete with its own bedroom and half bath, offering exceptional flexibility for extended family, guests, a home office, or creative studio. The guest house was previously used as a daycare, presenting a unique opportunity for buyers seeking a similar use. Conveniently located near parks, shopping, dining, and top-rated schools, this exceptional property offers comfort, flexibility, and value in one of Burbank’s most desirable neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,524 | 1,708 |
| Lot Size | 11,104 | 6,504 |
| Price | $1.78M | $1.31M |
| Price per sq ft | $707 | $856 |
| Built year | 1950 | 1947 |
| HOA | $0 | $0 |
| Days on market | 29 | 50 |
Jun 23, 2026
$1,785,000
Initial Listing
Sep 6, 2024
$1,685,000
Public Record