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527 S Orchard Drive, Burbank, California 91506, Burbank, 91506 - 4 bed, 2 bath

527 S Orchard Drive, Burbank, California 91506 home-pic-0
ACTIVE$1,310,000
527 S Orchard Drive, Burbank, California 91506
4Beds
2Baths
1,490Sqft
6,750Lot

Price Vs. Estimate

The estimated value ($1,310,000) is $0 (0%) lower than the list price ($1,310,000). This property may be overpriced.

Key pros and cons

Top Pros:
Desirable Location: Located in the highly sought-after Rancho area of Burbank, offering strong community appeal and potential for appreciation.
Top Cons:
Limited Bathroom Count: The property features 1.5 bathrooms, which may be considered insufficient for a 3-4 bedroom home by some prospective buyers, potentially impacting convenience and resale value.

Compared to the nearby listings

Price:$1.31M vs avg $1.34M ($-31,500)48%
Size:1,490 sqft vs avg 1,603 sqft41%
Price/sqft:$879 vs avg $86254%

More Insights

Built in 1939 (86 years old).
Condition: The property, built in 1939, benefits from recent functional updates including HVAC (<10 years), water heater (~4 years), pool re-plastering (~5 years), and refinished hardwood floors (9 years). However, the kitchen, despite granite countertops, features older, painted cabinets and a dated tile backsplash and floor style. The bathrooms are significantly outdated with gold-framed shower enclosures, small square tiles, and tile countertops, indicating renovations from 20-30+ years ago rather than recent updates. While move-in ready and well-maintained, the aesthetic of the kitchen and bathrooms shows clear signs of being outdated and would likely require cosmetic updates for a modern buyer, aligning with a 'Fair' condition score.
Year Built
1939
Close
-
List price
$1.31M
Original List price
$1.34M
Price/Sqft
$879
HOA
-
Days on market
-
Sold On
-
MLS number
OC25217359
Home ConditionFair
Features
Pool
Patio
ViewNeighborhood

About this home

Charming and cozy home located in the highly desirable Rancho area. Offering approximately 1,490 sq ft of living space, this flexible floor plan includes 3 or 4 bedrooms—each room features a closet and meets egress requirements, making them suitable as bedrooms. The home includes 1.5 bathrooms, with the primary bath offering both a separate tub and shower. The private backyard oasis features a swimming pool that was re-plastered about 5 years ago, surrounded by mature hedges and walls for complete privacy. Enjoy beautiful outdoor lighting that creates an inviting ambiance at night. Interior highlights include elegant coved ceilings, a wood-burning fireplace with gas hookup, granite kitchen countertops, and tile flooring updated approximately 10 years ago. The hardwood floors were refinished 9 years ago. Additional upgrades include a central HVAC system (less than 10 years old) and a water heater installed about 4 years ago. Washer and dryer are included, along with a dishwasher and garbage disposal. The home is pet-friendly with well-enclosed front and back yards, perfect for both pets and play.

Condition Rating
Fair
The property, built in 1939, benefits from recent functional updates including HVAC (<10 years), water heater (~4 years), pool re-plastering (~5 years), and refinished hardwood floors (9 years). However, the kitchen, despite granite countertops, features older, painted cabinets and a dated tile backsplash and floor style. The bathrooms are significantly outdated with gold-framed shower enclosures, small square tiles, and tile countertops, indicating renovations from 20-30+ years ago rather than recent updates. While move-in ready and well-maintained, the aesthetic of the kitchen and bathrooms shows clear signs of being outdated and would likely require cosmetic updates for a modern buyer, aligning with a 'Fair' condition score.
Pros & Cons

Pros

Desirable Location: Located in the highly sought-after Rancho area of Burbank, offering strong community appeal and potential for appreciation.
Private Backyard Oasis: Features a private backyard with a recently re-plastered swimming pool (approx. 5 years ago), mature hedges, walls for privacy, and inviting outdoor lighting, ideal for relaxation and entertaining.
Significant Recent Upgrades: Key systems and finishes have been recently updated, including a central HVAC system (less than 10 years old), water heater (approx. 4 years old), refinished hardwood floors (9 years ago), and updated tile flooring (10 years ago), reducing immediate buyer expenses.
Flexible Floor Plan: Offers a versatile 3 or 4-bedroom layout, with all rooms meeting egress requirements and having closets, providing adaptability for various living arrangements or home office needs.
Charming Interior Details: Retains classic charm with elegant coved ceilings, a wood-burning fireplace with gas hookup, and modern touches like granite kitchen countertops.

Cons

Limited Bathroom Count: The property features 1.5 bathrooms, which may be considered insufficient for a 3-4 bedroom home by some prospective buyers, potentially impacting convenience and resale value.
Age of Property: Built in 1939, while charming, the older construction may present potential long-term maintenance considerations for original components not explicitly mentioned as updated.
Price Reduction History: Multiple price reductions since the initial listing suggest the property may have been initially overpriced or is experiencing market resistance at its current price point.

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