
Burbank, California 91506
This Spacious Media District Condominium is listed at $585,000, representing a stable valuation for the high-demand Burbank Rancho area relative to its $547,709 Fair Market Value. Boasting a Condition Rating of 4, the 1,155-square-foot end unit features in-unit laundry hookups, two side-by-side parking spaces, and a community fitness room. Located within the Burbank Unified district, the property offers immediate proximity to major film studios and Griffith Park. This well-maintained asset is a prime choice for Owner-Occupants or first-time buyers seeking a move-in-ready home with significant value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 525 S Shelton 102 Subject | $585,000* List Price | 2 | 2 | 1,155 | $474 | - |
A 333 W Alameda Avenue 103 Sold | $605,000 | 2 | 2 | 1,190 | $508 | 0.4 mi |
B 525 S Shelton Street 205 Active | $575,000 List Price | 2 | 2 | 1,021 | $563 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, this unit is well-maintained and move-in ready but remains largely unrenovated. The galley kitchen features dated cabinetry and an older fluorescent light box, while the bathrooms and bedrooms show signs of age with older fixtures and standard carpeting. Although the living area has been updated with laminate flooring and crown molding, the property overall reflects a style from several decades ago and requires minor cosmetic updates to meet modern standards.
Situated in the heart of the Burbank Rancho area, this unit offers exceptional proximity to major film studios, the Los Angeles Equestrian Center, and high-end shopping in Toluca Lake.
As a spacious end unit, it provides abundant natural light, rare in-unit laundry hookups, and the highly coveted benefit of two side-by-side parking spaces.
With 1,155 square feet of living area, the floor plan features large bedrooms with ample closet storage and additional designated storage lockers in the garage.
Built in 1977, the property features a traditional galley kitchen and older architectural elements that may require modernization to meet contemporary aesthetic preferences.
Being a lower-level unit with no designated view, the property lacks the elevated outlooks or privacy often sought after in Southern California condominium living.
Spacious 2 BR, 2 BA end unit containing 1,155 sf of living area located within the Burbank Rancho in close proximity to studios, shopping, the Los Angeles Equestrian Center, and Griffith Park. Centrally located at "The Shelton", a 20-unit condominium complex offering a modern vibe exterior, renovated glass door entry, and lighted central courtyard adjacent to the Burbank Media District to the west and Toluca Lake within a few minutes drive. Starbucks and Pavilions are located less than a block away, along with other retail stores and dining. Plenty of natural light fills the unit featuring a spacious living room, separate dining area, galley kitchen, and two large bedrooms with large windows and an abundance of storage space in the closets. Highlights include in-unit laundry hookups, crown moldings, two side by side parking spaces, designated storage lockers in the grade-level garage, fitness room, and community rear yard.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,155 | 1,172.5 | 50% |
| Lot Size | 20,012 | 15,483.5 | 50% |
| Price | $585.0K | $595.0K | 50% |
| Price per sq ft | $506 | $507 | 50% |
| Built year | 1977 | 1985 | 50% |
| HOA | $434.0 | $349 | 50% |
| Days on market | 20 | 122 | 50% |
Apr 2, 2026
$585,000
Initial Listing
Feb 25, 2013
$255,000
Public Record