
Burbank, California 91506
This Turnkey Single Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $1,175,000—positioned well below the $1,229,162 Fair Market Value by 4%. This valuation gap provides $54,162 in Instant Equity. Featuring a Condition Rating of 3, the home offers a refreshed interior, a Detached Workspace, and a Private Patio. Located in the Burbank Unified School District, this property is an ideal acquisition for Owner-Occupants seeking a move-in ready lifestyle or first-time buyers prioritizing location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 636 N Lamer Street Subject | $1,125,000* List Price | 3 | 2 | 1,500 | $783 | - |
A 532 N Reese Sold | $1,025,000 | 3 | 2 | 1,701 | $603 | 0.2 mi |
B 401 S Orchard Drive Sold | $1,325,000 | 3 | 2 | 1,422 | $932 | 1.0 mi |
C 835 N Lincoln Street Sold | $1,425,000 | 3 | 2 | 1,898 | $751 | 0.3 mi |
D 901 N Reese Sold | $1,350,000 | 3 | 2 | 1,550 | $871 | 0.3 mi |
E 240 N Keystone Sold | $965,000 | 2 | 1 | 1,354 | $713 | 0.6 mi |
F 649 N Reese Place N Sold | $1,200,000 | 2 | 2 | 1,348 | $890 | 0.2 mi |
G 437 N Parish Pl. Sold | $1,390,000 | 3 | 2 | 1,480 | $939 | 0.3 mi |
H 504 N Reese Place Pending | $1,184,888 List Price | 3 | 2 | 1,570 | $755 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Originally built in 1945, the property has recently undergone an extensive cosmetic refresh including new carpet, fresh interior/exterior paint, and landscaping. While the kitchen and bathrooms feature 'refinished' cabinetry and 'reglazed' showers rather than a full modern remodel, the home is move-in ready with serviced HVAC and updated countertops, fitting the criteria for a well-maintained, functional residence.
The property has undergone extensive cosmetic updates, including fresh interior/exterior paint, new carpet, refinished cabinetry, and reglazed showers, offering a turnkey experience for buyers.
A separate detached building in the rear yard provides exceptional flexibility for use as a home office, creative studio, or additional storage to suit various lifestyle needs.
Situated in a highly desirable neighborhood within the Burbank Unified School District, the home offers excellent proximity to local shopping, dining, and parks.
Built in 1945, the home may have underlying aging systems typical of its era that were not explicitly addressed in the recent cosmetic refresh.
The property lacks any significant views, which may be a disadvantage for buyers comparing it to other premium-priced homes in the region.
Welcome to 636 N Lamer St, Burbank, CA 91506! This beautifully refreshed 3-bedroom, 2-bathroom home offers a perfect blend of comfort, functionality, and opportunity in a highly desirable Burbank location. The property has been thoughtfully updated with extensive improvements including fresh interior and exterior paint, backyard unit painting, landscaping cleanup, sprinkler repairs, porch refresh, power washing, drywall and baseboard repairs, new carpet, refinished kitchen and bathroom cabinetry, reglazed shower enclosures, AC servicing, updated smoke alarms, grout cleaning, outlet cover replacement, and a thorough final cleaning. Inside, the inviting living room flows into the kitchen and dining area featuring tile flooring, newer-style cabinets, updated countertops, and appliances. The home also offers the convenience of an indoor laundry room and a comfortable layout designed for everyday living. Enjoy the lovely rear yard with a patio area, perfect for relaxing, entertaining, or enjoying outdoor gatherings. A detached separate building provides additional flexibility and can be used for storage, a workspace, hobby area, or customized to fit your needs—the possibilities are endless. Additional features include an attached two-car garage and driveway parking. Conveniently located near shopping, dining, parks, schools, and all that Burbank has to offer, this move-in-ready home presents a wonderful opportunity to own in one of the area's most sought-after communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,500 | 1,601.762 |
| Lot Size | 6,929 | 6,628.752 |
| Price | $1.12M | $1.31M |
| Price per sq ft | $750 | $879 |
| Built year | 1945 | 1944 |
| HOA | $0 | $0 |
| Days on market | 43 | 44 |
Aug 22, 2026
$1,125,000
$1,175,000
-4% Price Drop
Initial Listing
Jul 28, 2026
$1,175,000
Initial Listing
Nov 6, 2012
$475,000
Public Record
Jun 26, 2012
$391,000
Public Record