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505 N Avon Street, Burbank, California 91505, Burbank, 91505 - 4 bed, 2 bath

505 N Avon Street, Burbank, California 91505 home-pic-0
ACTIVE$1,299,000
505 N Avon Street, Burbank, California 91505
4Beds
2Baths
1,396Sqft
5,967Lot

Price Vs. Estimate

The estimated value ($1,267,369.685) is $31,630.315 (2%) lower than the list price ($1,299,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location: Located in a highly desirable Burbank neighborhood, offering convenient access to Warner Bros. Studios and Toluca Lake Village.
Top Cons:
Year Built: Built in 1947, the property may require updates to meet modern standards and preferences.

Compared to the nearby listings

Price:$1.30M vs avg $1.15M (+$152,500)66%
Size:1,396 sqft vs avg 1,384 sqft52%
Price/sqft:$931 vs avg $84074%

More Insights

Built in 1947 (78 years old).
Condition: The property, built in 1947, features a remodeled kitchen with modern appliances and sleek finishes. The bathrooms appear updated as well. While not newly built, the updates bring it to a good condition, move-in ready state. The additional bonus unit in the backyard also appears to be in good condition.
Year Built
1947
Close
-
List price
$1.3M
Original List price
$185K
Price/Sqft
$931
HOA
-
Days on market
-
Sold On
-
MLS number
GD25113916
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

Welcome to 505 N Avon Street — a charming and thoughtfully updated 4-bedroom, 2-bathroom home located in one of Burbank’s most desirable neighborhoods, just minutes from Warner Bros. Studios and Toluca Lake Village. This bright and inviting home features a beautifully remodeled kitchen with sleek finishes, ideal for both everyday living and entertaining. The oversized fourth bedroom offers incredible flexibility and can easily function as a spacious family room for gatherings or relaxing nights in. Step outside to a generous backyard where a detached bonus unit awaits. Located on a quiet, tree-lined street with access to top-rated schools, studios, shopping, and dining, this home is a rare blend of comfort, character, and future value in the heart of Burbank.

Condition Rating
Good
The property, built in 1947, features a remodeled kitchen with modern appliances and sleek finishes. The bathrooms appear updated as well. While not newly built, the updates bring it to a good condition, move-in ready state. The additional bonus unit in the backyard also appears to be in good condition.
Pros & Cons

Pros

Prime Location: Located in a highly desirable Burbank neighborhood, offering convenient access to Warner Bros. Studios and Toluca Lake Village.
Remodeled Kitchen: Features a beautifully remodeled kitchen with sleek finishes, ideal for modern living and entertaining.
Flexible Fourth Bedroom: The oversized fourth bedroom provides incredible flexibility, functioning as a spacious family room or additional living space.
Detached Bonus Unit: A detached bonus unit in the generous backyard offers potential for a home office, guest suite, or creative studio.
Access to Top-Rated Schools: Located within access to top-rated schools, enhancing its appeal for families.

Cons

Year Built: Built in 1947, the property may require updates to meet modern standards and preferences.
Lot Size: The lot size of 5,967 sqft, while generous, might be smaller compared to other properties in the area.
Original List Price Reduction: The property's list price was reduced from $1,850,000 to $1,299,000, which may raise questions about its initial valuation or market appeal.

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