505 Cambridge, Burbank, California 91504, Burbank, 91504 - 3 bed, 3 bath
505 Cambridge
Burbank, California 91504
Property Price
SUMMARY
Analysis of 505 Cambridge, Burbank, California 91504 reveals a Fairly Priced Property with a current list price of $1,950,000 aligned with the estimated $1,950,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Burbank Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 505 Cambridge Subject | $1,950,000* List Price | 3 | 3 | 2,524 | $773 | - |
A 415 Birmingham Road Sold | $1,710,000 | 4 | 4 | 2,297 | $744 | 0.1 mi |
B 906 Groton Drive Sold | $1,500,000 | 3 | 3 | 2,550 | $588 | 0.6 mi |
C 613 Tufts Sold | $1,525,000 | 3 | 2 | 1,847 | $826 | 0.3 mi |
D 842 Cornell Sold | $1,760,000 | 4 | 3 | 2,733 | $644 | 0.6 mi |
E 713 Andover Sold | $1,665,500 | 3 | 2 | 1,852 | $899 | 0.3 mi |
F 2615 Woodstock Lane Active | $2,188,000 List Price | 4 | 3 | 2,645 | $827 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property, built in 1950, has undergone some updates, particularly in the kitchen with granite countertops and stainless-steel appliances, and the bathrooms appear functional. The flooring is updated, and the presence of a paid-off solar system is a significant plus. However, the age of the property suggests that while move-in ready, some components may not be as modern as a newer build or a recently fully renovated home. The kitchen, while updated, doesn't appear to be a high-end, recent renovation. The overall condition is good, indicating it's well-maintained and functional but not brand new.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
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.
- Prime Location
Situated in a highly desired Burbank neighborhood, offering proximity to parks, top-rated schools, shopping, and dining.
- Generous Lot Size
Located on an expansive 11,104 sq ft lot, providing ample outdoor space and potential for future expansion.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2524, other record living area = 1793.
- Year Built
Built in 1950, the property may require updates to meet modern standards or buyer expectations for newer construction.
- Price Adjustment
The original list price was reduced, which could indicate market resistance or a need for further price optimization.
About 505 Cambridge
Welcome to this beautiful residence located in the most desired area of Burbank. Situated on an 11,104-square-foot lot, this well-appointed home offers approximately 1,784 square feet of living space with a thoughtfully designed layout. The interior features three bedrooms, a den, two bathrooms, a formal dining room, and a spacious living room, ideal for both comfortable living and entertaining. The kitchen is tastefully appointed with granite countertops, stainless-steel appliances, premium tile flooring, and a charming breakfast nook, seamlessly connecting to the main living areas. The property also includes a permitted recurring room of approximately 740 sq ft with a half bath, providing added flexibility and functionality. Enjoy a beautiful backyard with a patio, perfect for outdoor gatherings and relaxation. Additional highlights include a detached two-car garage and an owned, fully paid-off solar power system, offering long-term energy efficiency and value. Conveniently located near parks, top-rated schools, shopping, and dining, this exceptional property presents a rare opportunity to own a refined home in one of Burbank’s premier neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 11,104 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 64% |
| Square foot | 2,524 | 1,828 | 85% |
| Lot Size | 11,104 | 7,053 | 91% |
| Price | $1.95M | $1.45M | 91% |
| Price per sq ft | $773 | $826 | 36% |
| Built year | 1950 | 1951 | 49% |
| HOA | $0 | $0 | 50% |
| Days on market | 81 | 168 | 13% |
Pricing History
Listed for Sale
Feb 3, 2026
$1,950,000
$1,995,000
-2% Price Drop
Initial Listing
Price Change
Dec 15, 2025
$1,995,000
Initial Listing
Sold
Sep 6, 2024
$1,685,000
Public Record