
Burbank, California 91506
This property presents a High-Potential Investment Opportunity with a List Price of $1,589,910—positioned well above the $1,313,619 Fair Market Value. While the price reflects a premium, the inclusion of City-approved plans for a main residence remodel and a 747-square-foot ADU significantly reduces development risk and timeline. With a Condition Rating of 5, this asset requires substantial capital to realize its potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage the Burbank Unified School District location for long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 611 S Griffith Park Subject | $1,589,910* List Price | 3 | 2 | 1,707 | $770 | - |
A 1207 S Chavez Sold | $1,125,000 | 3 | 3 | 1,587 | $709 | 0.5 mi |
B 427 S Orchard Drive Sold | $1,205,000 | 2 | 2 | 1,473 | $818 | 0.3 mi |
C 427 S Orchard Sold | $1,155,000 | 2 | 2 | 1,473 | $784 | 0.3 mi |
D 321 S Griffith Park Drive Sold | $1,160,000 | 2 | 1 | 1,467 | $791 | 0.4 mi |
E 331 W Elmwood Avenue Sold | $1,219,500 | 2 | 2 | 1,550 | $787 | 0.5 mi |
F 228 N Beachwood Drive Sold | $1,150,000 | 3 | 1 | 1,178 | $976 | 0.7 mi |
G 220 S Reese Place Active | $1,499,000 List Price | 3 | 2 | 1,964 | $763 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1938 (86 years old) with no evidence of recent renovations; the listing is marketed as a construction project with approved plans for a full remodel and addition, indicating the current systems and interior require significant rehabilitation.
The property includes City-approved plans for a main residence remodel and a 747-square-foot ADU, saving the buyer months of architectural design and bureaucratic permitting time.
The inclusion of a 2-bedroom, 2-bathroom ADU provides exceptional flexibility for rental income, a private home office, or a dedicated space for extended family.
Located in a highly desirable Burbank neighborhood near major studios like Disney and Warner Bros, and within the prestigious Burbank Unified School District.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1707, other record living area = 1925.
The list price covers the property and plans only; the buyer will need substantial liquid capital or construction financing to complete the actual build and remodel.
As a project ready for construction, the property is currently uninhabitable in its planned state, which may deter buyers looking for an immediate primary residence.
FULLY APPROVED BURBANK MAIN RESIDENCE REMODEL, ADDITION, AND 2 BEDROOM 2 BATH ADU-CITY APPROVED PLANS-READY FOR CONSTRUCTION. A RARE OPPORTUNITY TO CREATE YOUR DREAM HOME IN THE HEART OF BURBANK! Welcome to 611 S. Griffith Park Drive, an exceptional opportunity offering City-approved plans for a beautifully reimagined residence PLUS an approximately 747-square-foot, 2-bedroom 2-bath ADU—perfectly suited for today’s modern, multigenerational lifestyle. Situated on a generous approximately 6,291-square-foot lot, this property presents the unique opportunity. With plans already approved, much of the time-consuming planning and approval process has been completed, allowing the next owner to focus on bringing this exciting vision to life. The approved ADU is what truly elevates this property. Imagine having a private residence for parents or grandparents just steps away, a comfortable space for adult children, an incredible guest house for visiting family and friends, a dedicated home office or studio, or the potential for additional rental income—all while maintaining the privacy and independence. Located within the Burbank Unified School District and close to William McKinley Elementary, Dolores Huerta Middle and John Burroughs High School, the location offers tremendous appeal for households seeking access to Burbank schools. Buyers are encouraged to independently verify current school attendance boundaries and enrollment eligibility. Enjoy the lifestyle and convenience that make BURBANK such a sought-after place to call home, with easy access to neighborhood parks, shopping, dining, entertainment and outdoor recreation. Griffith Park and its extensive trails and recreational opportunities are nearby, while Burbank’s renowned entertainment and employment centers are just minutes away. Warner Bros. Studios, The Walt Disney Studios, Universal Studios and the surrounding Studio City, Toluca Lake and Glendale communities are all conveniently accessible. This is more than an opportunity to purchase a home—it is an opportunity to create a property designed around the way you want to live. Whether your vision includes multigenerational living, private accommodations for family and guests, additional income potential, or simply the flexibility of having two distinct living spaces on one property, 611 S. Griffith Park Drive offers possibilities rarely found in such a desirable Burbank location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,707 | 1,601.762 |
| Lot Size | 6,291 | 6,628.752 |
| Price | $1.59M | $1.31M |
| Price per sq ft | $931 | $879 |
| Built year | 1938 | 1944 |
| HOA | $0 | $0 |
| Days on market | 12 | 44 |
Aug 28, 2026
$1,589,910
Initial Listing
Sep 17, 2004
$600,000
Public Record
Jun 25, 1999
$288,000
Public Record