611 S Sparks Street, Burbank, California 91506, Burbank, 91506 - 2 bed, 1 bath
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Burbank, California 91506
This Burbank Rancho Fixer-Upper is a high-utility Equestrian Asset located in a premier neighborhood south of Parkside Drive. Listed at $999,999, the property sits above the $876,813 Fair Market Value, reflecting the extreme scarcity of horse-zoned land in this district. Carrying a Condition Rating of 6, the structure requires a complete overhaul, though the 6,750 sqft lot includes a patio and facilities for two horses. Located in the Burbank Unified School District, this is a strategic acquisition for Fix-and-Flip Investors or Contractors ready for a total reconstruction project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 611 S Sparks Street Subject | $999,999* List Price | 2 | 1 | 1,743 | $503 | - |
A 435 S Mariposa Street Sold | $1,050,000 | 2 | 2 | 1,663 | $631 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1940 with no evidence of renovation, the listing explicitly states the home 'needs absolutely everything' and does not qualify for traditional financing, indicating it is being sold for land value or a total reconstruction.
Situated in the highly coveted Burbank Rancho equestrian area south of Parkside Drive, this property offers a prestigious and unique neighborhood setting that is rarely available.
The lot is fully equipped for equestrian use, featuring facilities for two horses, a dedicated tack room, and a watering station, providing significant value for horse enthusiasts.
As a total fixer-upper in a premium district, this property presents a massive opportunity for a custom rebuild or major renovation to capture significant equity growth.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6750, other record lot size in square feet = 6824.
The home is in 'fixer-upper' condition and requires a complete overhaul of all systems and finishes, which will necessitate a substantial additional capital investment.
Due to its current condition, the property does not qualify for traditional financing, limiting the buyer pool to those with cash or hard money resources.
Prime location Burbank Rancho fixer upper! This home is south of Parkside Drive in one of the best locations in the equestrian area of the Rancho. This home needs absolutely everything and the opportunity is amazing. The house is 2 bedroom and 1 bath with a den that could be a 3rd bedroom. A large patio at the rear of the home has a fireplace, and there are facilities for 2 horses plus a tack room and watering station. This home does not qualify for financing and requires cash or hard money financing. Offer deadline is Monday April 20th at noon. AGENTS PLEASE READ PRIVATE REMARKS CAREFULLY FOR OFFER GUIDELINES.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 19% |
| Baths | 1.0 | 2.0 | 13% |
| Square foot | 1,743 | 1,686.5 | 54% |
| Lot Size | 6,750 | 6,750 | 50% |
| Price | $1000.0K | $1.41M | 7% |
| Price per sq ft | $574 | $823 | 6% |
| Built year | 1940 | 1940 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 140 | 2% |
Apr 17, 2026
$999,999
Initial Listing
Mar 26, 1993
$239,000
Public Record
Aug 13, 1971
$32,500
Public Record