
Burbank, California 91506
This Updated Mid-Century Rancho Residence is a Prime Investment Opportunity, listed at $1,550,000—positioned well below the $1,627,772 Fair Market Value by 4%. This valuation gap offers $77,772 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 3, the home features a modern granite kitchen, hardwood floors, and a private pool. Located in the prestigious Burbank Unified School District near Disney and Warner Bros., it provides rare equestrian access with a functional tack room. This is an ideal acquisition for Equestrian Enthusiasts or Studio Professionals.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 510 S Sparks Subject | $1,550,000* List Price | 3 | 2 | 2,021 | $805 | - |
A 517 S Griffith Park Sold | $1,680,000 | 3 | 3 | 1,925 | $873 | 0.2 mi |
B 1305 W Riverside Sold | $1,600,000 | 4 | 2 | 2,179 | $734 | 0.3 mi |
C 406 S Sparks Street Sold | $1,489,000 | 3 | 2 | 2,039 | $730 | 0.2 mi |
D 417 S Glenwood Pl. Sold | $1,430,000 | 5 | 3 | 2,306 | $620 | 0.5 mi |
E 405 N Beachwood Sold | $1,520,000 | 3 | 2 | 1,629 | $933 | 1.0 mi |
F 1324 W Morningside Sold | $1,495,000 | 3 | 2 | 1,560 | $958 | 0.4 mi |
G 331 N Reese Active | $1,449,000 List Price | 3 | 2 | 1,921 | $754 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1960s mid-century home is in move-in ready condition with significant updates. The interior features well-maintained hardwood floors, recessed lighting, and a modern kitchen with granite countertops and a wine fridge. While the kitchen cabinetry and some tile work reflect a renovation style from approximately 5-15 years ago rather than a brand-new build, the property is well-maintained with functional systems and no immediate signs of deferred maintenance.
Situated in Burbank's highly coveted Rancho district, the property offers rare access to horse trails and Griffith Park, making it a premier choice for equestrian enthusiasts and studio professionals.
The home features a spacious 2,021 sq ft layout with an updated granite kitchen, wine fridge, and hardwood floors, providing a move-in-ready experience with classic mid-century charm.
The property includes a private pool and a flexible storage structure that can be converted back into a tack room and stall, catering to both leisure and functional equestrian needs.
At 6,547 sq ft, the lot size may feel restrictive for buyers intending to utilize the full equestrian potential of the property while simultaneously maintaining the pool and outdoor living areas.
The reliance on virtual staging suggests the home is currently vacant or may require buyers to look past a less-furnished reality to appreciate the interior's full scale and potential.
Enjoy the good life in the Rancho! Welcome to 510 S. Sparks St., a lovely, updated mid-century pool home on a pretty, tree-lined street, offering comfort, space, and the rare opportunity to live in one of the most desirable equestrian communities in Southern California. This spacious 3-bedroom, 2-bath residence features 2,021 sq ft of living space and sits on a well-designed 6,547 sq ft lot - Perfect for anyone seeking a unique blend of suburban charm and equestrian lifestyle. Inside, you’ll find a warm and inviting layout with beautiful hardwood floors, a cozy fireplace, and a modern, spacious kitchen featuring granite counters and a wine fridge. Large primary bedroom and ensuite bath with tub, separate shower, and abundant storage. The home also includes central air & heat, an inside laundry room, and a two-car garage. Professional landscaping enhances the curb appeal and creates a peaceful outdoor setting. Free-standing storage room with patio cover could be converted back to its original equestrian configuration (tack room & single stall). Location: close to cafés, coffee houses, shopping, tennis, ice skating, neighborhood park with basketball courts and children’s playground. Minutes to DTLA. Walk or ride to Griffith Park (quick access over the horse bridge to miles of trails), the Equestrian Center and all the studios: Disney, Warner Brothers, Nickelodeon & NBCUniversal. This home allows you to enjoy comfort, convenience, and equestrian living all in one exceptional property. Property has been virtually staged.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,021 | 1,686.5 | 69% |
| Lot Size | 6,547 | 6,749.5 | 35% |
| Price | $1.55M | $1.42M | 67% |
| Price per sq ft | $767 | $823 | 37% |
| Built year | 1960 | 1941 | 91% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 140 | 4% |
Apr 10, 2026
$1,550,000
Initial Listing
Apr 18, 2003
$454,000
Public Record