525 S Shelton Street 205, Burbank, California 91506, Burbank, 91506 - 2 bed, 2 bath
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Burbank, California 91506
This Charming Rancho Adjacent Condo is listed at $575,000, offering a stable acquisition opportunity positioned near its $557,639 Fair Market Value. Boasting a Condition Rating of 4, the residence features a spacious floor plan, private laundry room, and a private patio, providing a functional foundation for future cosmetic updates. Situated in the high-demand Burbank Unified School District near major media studios, the property includes side-by-side parking and a community fitness room. This is a premier choice for Owner-Occupants or first-time buyers seeking long-term value and lifestyle convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 525 S Shelton Street 205 Subject | $575,000* List Price | 2 | 2 | 1,021 | $546 | - |
A 525 S Shelton 102 Active | $585,000 List Price | 2 | 2 | 1,155 | $506 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981, this condo is well-maintained and functional, but the interior finishes, particularly in the kitchen and bathrooms, are significantly dated. The kitchen features older cabinets, laminate countertops, and tile flooring, despite having some newer stainless steel appliances. Bathrooms also show older vanities, countertops, and shower enclosures. While clean and livable, it requires minor to moderate updates to meet current aesthetic standards.
Situated in Burbank's highly desirable Rancho Adjacent neighborhood on a quiet cul-de-sac, offering excellent proximity to Burbank Studios, award-winning schools, Griffith Park, and the Los Angeles Equestrian Center.
Provides easy access to major freeways (5, 15, and 134) and is conveniently located near abundant dining, cafes, and shopping options including Pavilions and Starbucks.
This bright and inviting upper-level condo boasts a spacious floor plan, generously sized bedrooms with flexible space for work or guests, and a private laundry room.
A monthly association fee of $400.0 adds to the recurring cost of ownership, which may impact affordability for some buyers.
The property explicitly states 'View: None,' which could be a drawback for buyers prioritizing scenic outlooks or natural light from a specific vista.
Multiple price reductions from an original list price of $645,000 to the current $575,000 may suggest a perceived overvaluation or extended market time, potentially raising buyer questions.
Outstanding oportunity in Burbank's Highly desireable Rancho Adjacent neighborhood. This bright and inviting 2 Bed and 2 Bath home features a spacious floor plan, and its own private laundry room. The bedrooms are generously sized, offering great closed space and flexibility to work from home or guests. Ideally located on a quiet culdec sac, this charming upper-level condo blends style, comfort, and convenience. The community includes 2 side by side parking spaces with storage a well equipped fitness room and a lush grassy common yard complete with a community BBQ perfect for relaxing or entertaining. Experience comfort, convenience and the Burbank lifestyle all in one beautiful home! Enjoy Easy access to the 5, 15, and 134 Freeways and all the best the area has to offer, Burbank Studios, Burbank Award winning schools, The New York Film Academy, Griffith Park, Los Angeles Equestrian Center, hiking and bridle trails, and abundant dining cafes and shopping including Pavilions, Starbucks, Ups store and much more.Don't miss this opportunity in one os LA's most desirable neighborhood!
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 | 1,021 | 1,105.5 | 50% |
| Lot Size | - | 5,477.5 | 50% |
| Price | $575.0K | $590.0K | 50% |
| Price per sq ft | $563 | $536 | 50% |
| Built year | 1981 | 1987 | 50% |
| HOA | $400.0 | $332 | 50% |
| Days on market | 284 | 255 | 0% |
Jan 20, 2026
$575,000
$589,000
-2% Price Drop
Initial Listing
Aug 17, 2025
$589,000
$600,000
-2% Price Drop
Initial Listing
Aug 5, 2025
$600,000
Initial Listing
Jul 12, 2025
$645,000
Initial Listing