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700 S Mariposa Street, Burbank, California 91506, Burbank, 91506 - 4 bed, 4 bath

700 S Mariposa Street, Burbank, California 91506 home-pic-0
ACTIVE$3,600,000
700 S Mariposa Street, Burbank, California 91506
4Beds
4Baths
2,440Sqft
31,217Lot
Year Built
1909
Close
-
List price
$3.6M
Original List price
$3.6M
Price/Sqft
$1,475
HOA
-
Days on market
-
Sold On
-
MLS number
BB25235182
Home ConditionPoor
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

We found 3 Cons,6 Pros. Rank: price - $3.60M(98th), sqft - 2440(77th), beds - 4(72th), baths - 4(84th).

This extraordinary property has been in the same family for more than 60 years ! Behind this sprawling ranch style home, there is over 30000 square feet of land with more than two dozen horse stalls, a riding arena, storage buildings/tack room and a caretaker's "living quarters" (Buyer to check permit status.). Caretaker's "living quarters" is located on the adjacent property at 702 S Mariposa which is also available for sale. The total square footage of the two parcels together is 37436 square feet (per public records). Alone or packaged with the house and lot next door, it offers the potential for a family compound/multi-generational living or possible development. Both properties are in need of updating/remodeling but what a wonderful opportunity for you to "Have it Your Way !" Easy access to Griffith Park and its miles of riding trails as well as the LA Equestrian Center. Charm and tranquility of the Rancho yet just a few short minutes to the major studios of Disney, Warner Bros, Nickelodeon and Universal.

Price History

Date
Event
Price
11/03/25
Listing
$3,600,000
Condition Rating
Poor
The property, built in 1909, is explicitly described as 'in need of updating/remodeling.' The images reveal a severely outdated interior, particularly the kitchen with its 1960s/70s-era light blue cabinets, old appliances, worn linoleum flooring, and dated light fixtures. Throughout the home, there are very old, worn, and distinctly patterned carpets (e.g., shaggy brown, bright teal) and outdated light fixtures. While the structure appears sound, the interior finishes and likely major systems are well past their expected lifespan, requiring substantial repairs and rehabilitation to meet modern standards.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 31217, living area = 2440.
Expansive Lot & Equestrian Facilities: The property boasts over 30,000 square feet of land, featuring more than two dozen horse stalls, a riding arena, and storage buildings, offering a rare equestrian lifestyle opportunity in Burbank.
Strategic Location: Situated in Burbank, the property offers easy access to Griffith Park's riding trails and the LA Equestrian Center, while being just minutes away from major studios like Disney, Warner Bros, Nickelodeon, and Universal.
Development & Multi-Generational Potential: With its large land size and the availability of an adjacent parcel, the property presents significant potential for a family compound, multi-generational living, or future development.
Historic Charm & Long-Term Ownership: Having been in the same family for over 60 years, the property offers a unique 'Rancho' charm and tranquility, suggesting a rich history and character.
Scenic Mountain Views: The property benefits from desirable mountain views, enhancing its aesthetic appeal and overall living experience.

Cons

Extensive Renovation Required: The property is explicitly stated to be 'in need of updating/remodeling,' indicating a substantial investment in time and capital for modernization and upgrades.
Historic Property Age: Built in 1909, the home is over a century old, which likely means outdated systems, infrastructure, and finishes that will require significant renovation to meet contemporary standards.
Unverified Permit Status for Caretaker's Quarters: The permit status for the caretaker's 'living quarters' on the adjacent property is unverified, posing a potential legal or financial risk that requires buyer due diligence.

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