612 S Mariposa Street, Burbank, California 91506, Burbank, 91506 - 3 bed, 2 bath
612 S Mariposa Street
Burbank, California 91506
Property Price
SUMMARY
Analysis of 612 S Mariposa Street, Burbank, California 91506 reveals a Fairly Priced Property with a current list price of $1,499,000 aligned with the estimated $1,501,597 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Burbank Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 612 S Mariposa Street Subject | $1,499,000* List Price | 3 | 2 | 1,589 | $945 | - |
A 405 N Beachwood Sold | $1,520,000 | 3 | 2 | 1,629 | $933 | 1.0 mi |
B 317 S Orchard Drive Sold | $1,510,000 | 3 | 2 | 1,473 | $1,025 | 0.4 mi |
C 1324 W Morningside Sold | $1,495,000 | 3 | 2 | 1,560 | $958 | 0.4 mi |
D 439 S Lamer Street Sold | $1,550,000 | 3 | 2 | 1,510 | $1,026 | 0.5 mi |
E 1520 W Riverside Drive W Sold | $1,300,000 | 3 | 2 | 1,327 | $980 | 0.3 mi |
F 248 S Virginia Sold | $1,400,000 | 3 | 3 | 1,322 | $1,059 | 0.4 mi |
G 527 S Orchard Drive Active Under Contract | $1,290,000 List Price | 4 | 2 | 1,490 | $866 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1938, the property has undergone extensive, high-quality renovations within the last 5 years, totaling over $150,000 in upgrades. The kitchen is fully modernized with quartz countertops and stainless appliances, and the bathrooms feature designer finishes. Major systems including the roof, HVAC, copper plumbing, and windows have been replaced, and the home includes modern smart technology and a Level 2 EV charger, meeting the criteria for excellent condition with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive High-Quality Upgrades
The property features over $150,000 in owner-occupied improvements, including a remodeled kitchen, designer bathrooms, smart home technology, and critical infrastructure updates like a newer roof, HVAC, and copper plumbing.
- Versatile Detached Structures
The inclusion of a detached studio office with A/C and fiber internet, along with a finished workshop and a two-car garage with an EV charger, provides exceptional utility for remote work and creative hobbies.
- Prime Rancho Equestrian Location
Situated in a highly coveted Burbank neighborhood, the home offers proximity to the LA Equestrian Center, Griffith Park, and major studios like Disney and Warner Bros, enhancing its long-term investment appeal.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Vintage Architectural Footprint
Built in 1938, the 1,589-square-foot layout may feel more compartmentalized or compact compared to modern open-concept floor plans, which could be a drawback for some buyers.
- Corner Lot Exposure
While providing a larger feel, the corner lot location typically results in increased street noise and less backyard privacy compared to mid-block properties.
About 612 S Mariposa Street
Rancho Equestrian District corner lot with detached studio office, whole-home smart technology, and EV charger — a rare combination at this price point. Lutron smart switches, smart locks, radiant barrier insulation, and newer roof deliver modern efficiency in a move-in ready 3-bed/2-bath. Updated kitchen features white shaker cabinets, quartz countertops, subway tile backsplash, and stainless steel appliances. Frameless glass walk-in shower in the primary bath. Fully renovated second bath with designer tile and matte black fixtures. Hardwood floors throughout, brick fireplace in the living room, and modern one-piece toilets. Spacious covered patio perfect for entertaining. 2-car attached garage with RV-potential parking. Located steps from the LA Equestrian Center, Griffith Park trails, and all major studios.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1938
- Lot Size
- 6,719 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,589 | 1,596 | 50% |
| Lot Size | 6,719 | 6,750 | 40% |
| Price | $1.50M | $1.39M | 67% |
| Price per sq ft | $943 | $850 | 67% |
| Built year | 1938 | 1940 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 164 | 2% |
Pricing History
Listed for Sale
Feb 25, 2026
$1,499,000
Initial Listing
Sold
May 25, 2022
$1,500,000
Public Record
Sold
Jul 29, 2015
$700,000
Public Record
Sold
Apr 22, 1994
$225,000
Public Record