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525 S Shelton Street 205, Burbank, California 91506, Burbank, 91506 - 2 bed, 2 bath

525 S Shelton Street 205, Burbank, California 91506 home-pic-0
ACTIVE$589,000
525 S Shelton Street 205, Burbank, California 91506
2Beds
2Baths
1,021Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Location: Situated in a highly desirable Burbank zip code, offering unparalleled access to major entertainment studios (Disney, Warner Bros., Universal), top-rated schools, and essential amenities.
Top Cons:
Ongoing Association Fees: The $400 monthly association fee represents a significant recurring cost that potential buyers must factor into their budget.

Compared to the nearby listings

Price:$589.0K vs avg $597.5K ($-8,500)25%
Size:1,021 sqft vs avg 1,116 sqft25%
Price/sqft:$577 vs avg $57250%

More Insights

Built in 1981 (44 years old).
Condition: Built in 1981, this condo shows signs of being well-maintained with functional updates like a new AC unit and a new range. However, the kitchen and bathrooms feature significantly outdated styles, including old-style white laminate countertops, basic flat-panel cabinets, dated tile flooring (with some discoloration in the kitchen), and old fluorescent lighting. While move-in ready functionally, the aesthetics would require minor updates to meet current design standards.
Year Built
1981
Close
-
List price
$589K
Original List price
$645K
Price/Sqft
$577
HOA
$400
Days on market
-
Sold On
-
MLS number
SR25155009
Home ConditionFair
Features
View-

About this home

Welcome to this move-in-ready condo, competitively priced and located in one of Burbanks most coveted zip codes! This bright and inviting unit features a spacious living room, a dedicated dining area, and a well-appointed kitchen with brand-new appliances. Offering two bedrooms and two bathrooms, this home also includes an in-unit laundry area with new gas hookups for added convenience. Enjoy year-round comfort with a brand-new air conditioning unit and the ease of two assigned spaces in a secure subterranean garage. Ideally located with quick freeway access and just minutes from the Equestrian Center, Disney Studios, Warner Bros., Universal Studios, the New York Film Academy, Burbank's award-winning schools, shopping centers, and much, much more! This condo puts everything you need right at your doorstep. Don’t miss this opportunity to own a condo in one of LA’s most desirable neighborhoods!

Condition Rating
Fair
Built in 1981, this condo shows signs of being well-maintained with functional updates like a new AC unit and a new range. However, the kitchen and bathrooms feature significantly outdated styles, including old-style white laminate countertops, basic flat-panel cabinets, dated tile flooring (with some discoloration in the kitchen), and old fluorescent lighting. While move-in ready functionally, the aesthetics would require minor updates to meet current design standards.
Pros & Cons

Pros

Exceptional Location: Situated in a highly desirable Burbank zip code, offering unparalleled access to major entertainment studios (Disney, Warner Bros., Universal), top-rated schools, and essential amenities.
Turnkey Condition & Recent Upgrades: This move-in-ready unit boasts a well-appointed kitchen with brand-new appliances, a new air conditioning unit, and new in-unit laundry hookups, reducing immediate buyer investment.
Secure & Ample Parking: Features two assigned spaces within a secure subterranean garage, a valuable asset in a high-density urban environment.
Functional & Spacious Layout: The condo provides a practical floor plan with a spacious living room, dedicated dining area, and two full bathrooms, catering to comfortable living.
Competitive Pricing: Recently reduced from its original list price, the property is now competitively priced, enhancing its appeal and marketability.

Cons

Ongoing Association Fees: The $400 monthly association fee represents a significant recurring cost that potential buyers must factor into their budget.
Lack of Scenic Views: The property does not offer any specific scenic views, which might be a drawback for buyers prioritizing external aesthetics or a premium outlook.
Building Age: Constructed in 1981, the building's age could lead to potential future common area maintenance or assessment costs, despite the unit's interior updates.

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