
Burbank, California 91505
This Versatile Multi-Unit Property is listed at $1,389,000, positioned competitively near its $1,336,314 Fair Market Value to account for the significant value-add of its new construction. Holding a Condition Rating of 3, the estate features a character-filled 1939 main residence and a brand-new 670 sq ft ADU boasting 12-foot ceilings. Located in the highly-rated Burbank Unified School District and walking distance to Magnolia Park, the property offers a rare combination of turnkey living and high rental income potential. This is a premier opportunity for Owner-Occupants seeking a house-hack or Multigenerational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 611 N Buena Vista Street Subject | $1,389,000* List Price | 3 | 2 | 1,301 | $973 | - |
A 1030 N Cordova Sold | $1,300,000 | 3 | 2 | 1,049 | $1,239 | 0.7 mi |
B 544 N California Street Sold | $1,300,000 | 3 | 2 | 1,382 | $941 | 0.6 mi |
C 825 N Catalina Street Sold | $1,420,000 | 3 | 2 | 1,475 | $963 | 0.3 mi |
D 613 N California Sold | $1,269,300 | 2 | 2 | 1,473 | $862 | 0.6 mi |
E 1025 N Screenland Drive Sold | $1,386,000 | 3 | 2 | 1,601 | $866 | 0.9 mi |
F 521 N California Street Sold | $1,272,000 | 3 | 2 | 1,607 | $792 | 0.6 mi |
G 2904 W Chandler Active | $1,149,900 List Price | 3 | 1 | 1,192 | $965 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property features a brand-new ADU in excellent, modern condition with new flooring, fixtures, and a contemporary bathroom. The main residence, built in 1939, has an updated kitchen with white shaker cabinets, granite countertops, and stainless steel appliances, placing it in good condition. While the main house's hardwood floors show some wear and its bathrooms are functional but less modern, the overall property is move-in ready with no immediate renovations required, benefiting significantly from the recent construction of the ADU.
The property includes a brand-new 670 sq ft ADU with 2 bedrooms and 12-foot ceilings, offering substantial value for rental income, multigenerational living, or owner-user flexibility.
Situated in Burbank, a highly desirable city, with convenient access to major Los Angeles hotspots, freeways (5, 134, 101), and walking distance to Magnolia Park's amenities and the Chandler Bike Path.
A spacious lot of over 6,600 sq ft features a large backyard ideal for entertaining and offers excellent potential for a future pool, enhancing outdoor living.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1939, the main residence is an older property, which may imply potential for deferred maintenance or the need for updates to core systems not explicitly mentioned.
The property description does not specify the presence of a cooling system (e.g., air conditioning), which could be a significant drawback during warmer months in Southern California.
Located in one of the most desirable cities to call home, this charming 1939 traditional offers character, space, and versatility with combined 1,970 sq ft. The main residence is a 3-bedroom, 2-bath home measuring over 1,300 sq ft and is filled with abundant natural light throughout. Designed for entertaining, the home features a spacious backyard on a lot of over 6,600 sq ft ideal for gatherings and offering excellent potential for a future pool. Adding significant value, the property includes a brand-new 670 sq ft ADU featuring 2 bedrooms, 1 bathroom, and soaring 12-foot ceilings. This setup is well suited for owner-users, multigenerational living, or additional rental income.Ideally situated near Toluca Lake and Studio City, the property offers convenient access to major Los Angeles hotspots and the 5, 134, and 101 freeways. Enjoy a short walk to Magnolia Park's cafs and restaurants, as well as easy access to the Chandler Bike Path for walking, running, or biking.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,301 | 1,402 | 41% |
| Lot Size | 6,979 | 6,519 | 89% |
| Price | $1.39M | $1.17M | 74% |
| Price per sq ft | $1.1K | $842 | 89% |
| Built year | 1939 | 1941 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 131 | 170 | 42% |
Dec 12, 2025
$1,389,000
Initial Listing