637 E Fairmount Road, Burbank, California 91501, Burbank, 91501 - 2 bed, 1 bath
637 E Fairmount Road
Burbank, California 91501
Property Price
SUMMARY
Analysis of 637 E Fairmount Road, Burbank, California 91501 reveals a property with a current list price of $1,149,000, which is 11% above the estimated $1,027,084 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 637 E Fairmount Road Subject | $1,149,000* List Price | 2 | 1 | 988 | $1,040 | - |
A 217 N Bel Aire Avenue Sold | $1,200,000 | 3 | 2 | 1,113 | $1,078 | 0.6 mi |
B 718 E Walnut Pending | $1,199,000 List Price | 4 | 2 | 1,340 | $895 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1926, this property is a classic fixer-upper currently in a state of mid-demolition. Interior images show rooms stripped to the studs, exposed lath, missing flooring, and no functional kitchen or bathroom facilities. The listing explicitly states it requires a complete restoration and includes architectural plans for a total re-imagining and expansion, indicating the current structure is not in livable condition.
PROSSTRENGTHS & OPPORTUNITIES
- Expansion & Development Potential
The property includes architectural plans to transform the existing cottage into a 2,500 sqft residence, providing a clear roadmap for significant equity growth and modernization.
- ADU & Income Opportunity
Plans allow for both a Junior ADU and a detached ADU with alley access, offering exceptional flexibility for multi-generational living or substantial rental income potential.
- Prime Burbank Location
Situated in a highly sought-after pocket above Glenoaks, this property offers a rare entry point into a prestigious neighborhood known for its long-term value and desirability.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6751, other record lot size in square feet = 6661.
- Extensive Renovation Required
As a 1926 'fixer-upper,' the home requires a complete restoration and significant capital investment to realize the vision outlined in the included plans.
- High Initial Cost for a Project
With a list price of $1.149M for a sub-1,000 sqft structure, the entry price is high for a buyer who must also secure substantial construction financing.
About 637 E Fairmount Road
COMING SOON! Restore a Classic on Fairmount Road – Plans Included to Re-imagine & Expand. Unlock exceptional equity and design potential with this charming Spanish-style cottage in a prime pocket above Glenoaks. A rare opportunity to enter a sought-after neighborhood with upside already in motion. Included in the sale are architectural plans to transform the home into an approximately 2,500 sq ft re-imagined residence, thoughtfully redesigned to connect to the garage and incorporate a Junior ADU. In addition, plans allow for a full, detached ADU with convenient alley access — maximizing flexibility for multi-generational living, guest quarters, or significant income potential while still offering space to create a dream backyard retreat. Bring your contractor and imagination — the groundwork for something truly special has already begun.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1926
- Lot Size
- 6,751 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 | 2.0 | 3.0 | 29% |
| Baths | 1.0 | 2.0 | 19% |
| Square foot | 988 | 1,952 | 10% |
| Lot Size | 6,751 | 8,357 | 29% |
| Price | $1.15M | $1.50M | 10% |
| Price per sq ft | $1.2K | $857 | 86% |
| Built year | 1926 | 1938 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 185 | 5% |
Pricing History
Listed for Sale
Mar 3, 2026
$1,149,000
Initial Listing
Sold
Oct 5, 2022
$962,000
Public Record