
Burbank, California 91501
This Move-in Ready Condominium is a Strong Value Opportunity, listed at $550,000—positioned well below the $552,819 Fair Market Value by 0.51%. This property features an updated Granite Kitchen and a Good Condition Rating, offering immediate comfort in a prime Burbank location. While the unit relies on wall AC and shared laundry, the seller’s commitment to cover the seismic retrofit assessment minimizes future capital expenditure. This is an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a stable, low-maintenance asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 630 E Orange Grove Avenue A Subject | $519,000* List Price | 2 | 2 | 884 | $610 | - |
A 436 E Palm Avenue 301 Sold | $640,000 | 2 | 2 | 1,016 | $630 | 0.3 mi |
B 601 E Orange Grove 106 Sold | $565,000 | 2 | 2 | 925 | $611 | 0.1 mi |
C 437 E Palm 308 Sold | $580,000 | 1 | 2 | 900 | $644 | 0.3 mi |
D 601 E Orange Grove 103 Active | $560,000 List Price | 2 | 2 | 1,000 | $560 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building was constructed in 1964, the unit is well-maintained and move-in ready. It features an updated kitchen with granite countertops and stainless steel appliances, along with newer laminate flooring. Although some elements like popcorn ceilings and wall AC units are dated, the overall condition and recent kitchen refreshments align with the 'Good' criteria.
The unit features an updated kitchen with granite countertops, tile backsplash, and brand-new stainless steel appliances, providing a contemporary feel and immediate value.
Situated in a highly desirable neighborhood near major shopping, dining, and entertainment hubs, this property offers excellent convenience and strong long-term investment potential.
With relatively low monthly dues of $290 that include water and trash, plus the seller covering the current seismic retrofit assessment, the property presents a lower-than-average carrying cost.
The reliance on wall air conditioning units rather than a central HVAC system may result in less efficient climate control and is often viewed as a drawback by modern buyers.
The absence of in-unit laundry hookups requires residents to use community facilities, which can be a significant inconvenience compared to newer condominium developments.
Welcome to this light and bright condominium located in a desirable Burbank neighborhood. Built in 1964, this well-maintained ground-floor unit offers 884 square feet of comfortable living space with 2 bedrooms and 13/4 bathrooms.The updated kitchen features granite countertops, tile backsplash, stainless steel sink, electric range, new dishwasher, and new refrigerator. Adjacent to the kitchen is a dining area with a ceiling fan, creating a comfortable space for everyday dining and entertaining.Additional features include wall air conditioning, abundant storage throughout, and a functional floor plan designed for comfortable living.The property includes one assigned parking space in a gated carport beneath the building and access to community laundry facilities.The HOA dues are $290 per month and include water, trash service, and maintenance of the common areas. A seismic retrofit project is currently in progress, and the seller will pay the special assessment associated with the retrofit.Conveniently located near shopping, dining, entertainment, and transportation, this condominium offers an excellent opportunity to enjoy all that Burbank has to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 884 | 1,144 |
| Lot Size | - | 23,554.5 |
| Price | $519.0K | $712.4K |
| Price per sq ft | $587 | $595 |
| Built year | 1964 | 1983 |
| HOA | $290.0 | $430 |
| Days on market | 44 | 54 |
Jul 17, 2026
$519,000
$550,000
-6% Price Drop
Initial Listing
Jun 8, 2026
$550,000
Initial Listing
Apr 22, 2020
$465,000
Public Record
Jun 26, 2013
$276,500
Public Record
Mar 7, 2006
$360,000
Public Record
Sep 12, 1997
$83,500
Public Record