552 E Palm Avenue C, Burbank, California 91501, Burbank, 91501 - 2 bed, 3 bath
Loading property details...
552 E Palm Avenue C
Burbank, California 91501
ACTIVE
CONDITION: EXCELLENT
2Beds
3Baths
1,174Sq Ft
7,879Lot Size
Property Price
LIST PRICE$699,000
EST. MARKET VALUE
$764,535
8% BelowMARKET VALUE
SUMMARY
This Turnkey Townhome represents a Strong Value Opportunity, listed at $699,000—positioned well below the $764,536 Fair Market Value by 8%. This valuation gap offers $65,536 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the property includes a Remodeled Granite Kitchen, modern baths, and a Private Patio. Its prime location near the Media District ensures high demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in-ready residence in Burbank.
Estimated Market Value
$764,535+$65,535 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Burbank.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 552 E Palm Avenue C Subject | $699,000* List Price | 2 | 3 | 1,174 | $651 | - |
A 635 E Magnolia B Sold | $800,000 | 2 | 2 | 1,231 | $650 | 0.2 mi |
B 527 E Cypress Avenue C Sold | $780,000 | 2 | 3 | 1,259 | $620 | 0.3 mi |
C 437 E E Palm Ave # 201 Sold | $745,000 | 2 | 2 | 1,375 | $542 | 0.1 mi |
D 436 E Palm Avenue 301 Sold | $640,000 | 2 | 2 | 1,016 | $630 | 0.1 mi |
E 435 E Valencia Ave 201 Sold | $715,000 | 2 | 2 | 1,145 | $624 | 0.7 mi |
F 441 E San Jose Active | $719,000 List Price | 2 | 2 | 1,222 | $588 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1979, the property has undergone a comprehensive recent renovation within the last 5 years. It features a fully remodeled kitchen with granite countertops, completely updated modern bathrooms, new recessed lighting, and contemporary hardwood-style flooring throughout, putting it in mint, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Walkable Location
Situated in a highly desirable neighborhood above Glenoaks Blvd, this townhome offers exceptional walkability to Burbank's Media District, San Fernando Blvd, and local entertainment hubs.
- Modern Interior Upgrades
The property features a beautifully remodeled kitchen with granite countertops and fully updated bathrooms, providing a contemporary, move-in-ready experience for the buyer.
- Low Association Fees
At just $300 per month, the remarkably low HOA fee enhances the property's overall affordability and long-term value compared to similar units in the area.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1174, other record living area = 1314. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
- Lack of Scenic Views
The listing indicates no significant views, which may be a drawback for buyers seeking panoramic vistas or natural scenery from their living space.
- Older Construction
Built in 1979, the building may require more frequent maintenance of communal elements and structural systems compared to newer residential developments.
About 552 E Palm Avenue C
Prime Burbank Townhome Above Glenoaks Blvd. Location, lifestyle, and comfort perfectly align in this beautiful townhome situated in a highly desirable neighborhood just above Glenoaks Blvd. Enjoy the ultimate convenience of being within walking distance to Burbank's vibrant Media District on San Fernando Blvd., and just two blocks from the local mall, movie theaters, and your morning Starbucks. Through the elegant double-door entry, you are welcomed into an inviting living space featuring gorgeous hardwood flooring and a cozy fireplace. The beautifully remodeled kitchen highlights stunning granite countertops and comes equipped with a stove and dishwasher, flowing seamlessly into the main living areas. All bathrooms have been completely updated with all modern amenities, complemented by a second-floor laundry closet for your ultimate convenience. Retreat to the spacious master suite for relaxation, or step outside to your huge, private patiooffering the perfect outdoor extension for al fresco dining and lounging. Complete with a remarkably low HOA fee, this home is an incredible opportunity in the heart of Burbank.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1979
- Lot Size
- 7,879 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $300.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.3 |
| Square foot | 1,174 | 1,102.75 |
| Lot Size | 7,879 | 23,681.063 |
| Price | $699.0K | $678.8K |
| Price per sq ft | $595 | $599 |
| Built year | 1979 | 1991 |
| HOA | $300.0 | $413 |
| Days on market | 30 | 61 |
Pricing History
Listed for Sale
Aug 10, 2026
$699,000
Initial Listing
Sold
Jul 29, 2016
$500,000
Public Record
Sold
Jun 17, 2014
$407,000
Public Record