633 Groton Drive, Burbank, California 91504, Burbank, 91504 - 4 bed, 3 bath
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Burbank, California 91504
This Shovel-Ready Development Project is listed at $1,495,000, representing a strategic acquisition positioned near its $1,398,677 Fair Market Value. The primary value-add lies in the Approved Remodel Plans for a 2,538 square foot residence and a detached garage with significant ADU Potential. Currently holding a Condition Rating of 5, this "blank canvas" asset is located North of Glenoaks Blvd within the elite Burbank Unified School District. Featuring Mountain Views and a prime location, this high-upside project is a premier choice for Fix-and-Flip Investors or Contractors looking to bypass the lengthy permitting phase.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 633 Groton Drive Subject | $1,495,000* List Price | 4 | 3 | 2,538 | $551 | - |
A 648 Uclan Drive Sold | $1,623,000 | 5 | 4 | 2,887 | $562 | 0.5 mi |
B 812 Uclan Drive Sold | $1,450,000 | 3 | 2 | 1,917 | $756 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is in heavily dated condition, featuring 1950s architecture with interior finishes like shag carpeting, wood paneling, and a kitchen with fluorescent drop-ceilings and old cabinetry. The listing explicitly markets the home as a 'canvas' for a full remodel and includes approved plans for a complete reconstruction, indicating that the current state requires substantial rehabilitation to meet modern living standards.
The property comes with approved plans and permits ready to issue for a 2,538 square foot remodel, saving the buyer months of architectural design and city approval processes.
Situated North of Glenoaks Blvd in a highly desirable Burbank neighborhood, the home is ideally located near award-winning schools, the Burbank Empire Center, and Downtown dining.
The detached two-car garage offers excellent potential for an Accessory Dwelling Unit (ADU) conversion, providing an opportunity to add significant value and versatile living space.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2538, other record living area = 1886.
The property was recently sold within the past year on 2025-07-02. The sold price is $1,400,000.00.
The property is essentially a shell or 'canvas' requiring a full-scale remodel, which necessitates a substantial additional budget and a long-term commitment to construction.
Amazing canvas to transform this North of Glenoaks Blvd home into your dream masterpiece. Approved plans for a full, 2,538 square feet remodel with new front porch. Ready to issue construction permits as soon as you close escrow. Bring your vision, creativity, and personal touches to unlock its full potential. Currently configured as a 4-bedroom, 3-bath residence, existing plans offer the opportunity to expand into a spacious 5-bedroom, 3.5-bath home. Boasting 2,538 square feet of interior living space on a 6,001 square foot lot, this property offers both comfort and flexibility. The detached two-car garage with excellent potential for ADU conversion, adding even more versatility and value to this exceptional property. Ideally located in a highly desirable neighborhood, this is a rare opportunity to create a truly exceptional home tailored to your lifestyle. Near award-winning schools, the Burbank Empire Center, the shops and dining of Downtown Burbank, and much more.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 70% |
| Baths | 3.0 | 2.0 | 63% |
| Square foot | 2,538 | 1,799 | 87% |
| Lot Size | 6,001 | 7,014.5 | 7% |
| Price | $1.50M | $1.49M | 50% |
| Price per sq ft | $589 | $851 | 11% |
| Built year | 1951 | 1951 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 155 | 2% |
Apr 14, 2026
$1,495,000
Initial Listing
Jul 2, 2025
$1,400,000
Public Record