
Burbank, California 91501
This Turnkey Single-Family Residence represents a Prime Investment Opportunity, listed at $2,380,000—positioned well below the $2,438,895 Fair Market Value by 2%. This valuation gap provides $58,895 in Instant Equity. Featuring a Condition Rating of 2, the home includes a permitted ADU, gourmet kitchen, and pool/spa amenities. Located in the Burbank Unified district, this property offers a rare blend of luxury lifestyle and income potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-end, move-in ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 523 E Fairmount Subject | $2,149,000* List Price | 4 | 5 | 3,354 | $641 | - |
A 828 E Fairmount Road Active | $1,995,000 List Price | 5 | 4 | 2,425 | $823 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1940, the property has undergone a comprehensive, high-end modern renovation and expansion within the last 5 years. The interior features a gourmet kitchen with contemporary waterfall countertops, designer bathrooms with modern fixtures, and updated systems including a whole-house water filtration system, central vacuum, and recessed HVAC. The addition of a permitted ADU and the mint condition of the pool and exterior surfaces reflect a property that requires no maintenance.
The property includes a fully permitted, vacant ADU, offering significant versatility for rental income, multi-generational living, or a private creative studio.
Situated in the desirable Burbank Hillside, the home boasts stunning views of city lights and mountains, providing a serene and prestigious living environment.
The residence is equipped with luxury features including a sparkling pool, a primary suite with a private hot tub, a whole-house water filtration system, and a central vacuum.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3354, other record living area = 2854.
With 52 days on the market, the property may be facing pricing resistance or a mismatch with current buyer expectations in the $2.3M+ segment.
The home's exterior presents as a modest single-story residence, which may lack the immediate architectural presence some luxury buyers expect at this price point.
Now Offered at an Exceptional New Price! A great opportunity to own a thoughtfully designed hillside residence in one of Burbank's most desirable neighborhoods. Designed through the vision of the owner, a professional architect, this extensively renovated home blends timeless architecture, quality craftsmanship, and modern functionality. Enter into a welcoming living room anchored by a beautiful fireplace, offering flexible space for formal entertaining or everyday living. The home flows into a spacious breakfast area and a beautifully updated gourmet kitchen with premium finishes, abundant workspace, and an expansive island that opens seamlessly to a generous family room, creating effortless indoor-outdoor living. Step outside to a covered patio with a barbecue area, leading to a beautifully designed backyard featuring an updated sparkling pool and inviting outdoor spaces for relaxing and entertaining. The crown jewel is the private second-story primary suite with soaring ceilings, a wall-mounted fireplace, expansive sliding glass doors, and a private balcony with a hot tub, beautiful hillside views, and stunning sunsets. The suite also features a custom walk-in closet and a spa-inspired bathroom with genuine marble, an air-jetted soaking tub, premium fixtures, and a high-end smart toilet. A fully permitted detached ADU completed in 2020 offers one bedroom, one bathroom, a full kitchen, laundry, HVAC, a separate entrance, and excellent privacy, making it ideal for guests, extended family, a home office, or rental income. Over 90% of the home was remodeled in 2014 (all permitted), including updated electrical and plumbing, roof improvements, an updated pool, and extensive interior and exterior upgrades. A fully permitted second-story addition was completed in 2023. Additional features include smart home technology, central vacuum, hardwired high-speed internet, whole-house water filtration, security cameras, two laundry areas, and an oversized one-and-a-half-car garage with flexible space for a workshop, gym, or storage. Conveniently located near Downtown Burbank, major studios, shopping, dining, parks, hiking trails, golf courses, and with easy access to the 5, 134, and other major freeways. Every detail reflects thoughtful planning, quality construction, and a design focused on comfort, functionality, and everyday living. This property truly checks all the boxes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 3,354 | 1,601.762 |
| Lot Size | 8,448 | 6,628.752 |
| Price | $2.15M | $1.31M |
| Price per sq ft | $641 | $879 |
| Built year | 1940 | 1944 |
| HOA | $0 | $0 |
| Days on market | 104 | 44 |
Jul 21, 2026
$2,149,000
$2,380,000
-10% Price Drop
Initial Listing
May 28, 2026
$2,380,000
Initial Listing
Feb 26, 2014
$630,000
Public Record