947 N Lincoln Street, Burbank, California 91506, Burbank, 91506 - 4 bed, 1 bath
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947 N Lincoln Street
Burbank, California 91506
ACTIVE
CONDITION: POOR
4Beds
1Baths
1,468Sq Ft
6,950Lot Size
Property Price
LIST PRICE$869,968
EST. MARKET VALUE
$898,569
3% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $869,968—positioned well below the $898,569 Fair Market Value by 3%. This valuation gap offers $28,601 in Instant Equity for buyers prepared to address the Condition Rating of 5. Featuring a 6,950 sqft lot and Mountain Views, the asset offers significant development potential. This is a value-add acquisition ideal for Fix-and-Flip Investors or Contractors capable of executing a full-scale renovation in the Burbank Unified school district.
Estimated Market Value
$898,569+$28,601 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Burbank.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 947 N Lincoln Street Subject | $869,968* List Price | 4 | 1 | 1,468 | $612 | - |
A 1344 N Parish Pl Sold | $870,000 | 4 | 2 | 1,635 | $532 | 0.8 mi |
B 532 N Reese Sold | $1,025,000 | 3 | 2 | 1,701 | $603 | 0.6 mi |
C 743 N Sparks Sold | $1,015,000 | 4 | 2 | 1,658 | $612 | 0.5 mi |
D 1331 N Lamer Street Sold | $975,000 | 3 | 2 | 2,050 | $476 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1926 with no evidence of recent renovations, the interior is in a state of significant disrepair with exposed lath, missing plaster, and outdated wall-unit heating. The listing explicitly calls for a contractor and a full rehab, indicating the property is currently in non-functional condition.
PROSSTRENGTHS & OPPORTUNITIES
- Architectural Character
The 1926 Spanish-inspired design features charming coved ceilings and a classic front porch, offering significant curb appeal and historical charm for renovation enthusiasts.
- Development Potential
The generous 6,950 square foot lot includes a 2-car detached garage, providing ample space for outdoor amenities or the potential to add an Accessory Dwelling Unit (ADU) to increase value.
- Prime Location & Value
Situated in the highly desirable Burbank Unified school district with mountain views, the recent price reduction makes this a competitive entry-level opportunity for the area.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Needed
The property is marketed as a 'fix and save' opportunity, indicating that significant capital investment and professional contracting will be required to make the home move-in ready.
- Functional Obsolescence
The current configuration of four bedrooms served by only one bathroom is impractical for modern family living and will likely require a costly floor plan reconfiguration.
About 947 N Lincoln Street
What are you waiting for? Bring your vision to this Spanish-inspired home and unlock its potential. Set on a generous 6,950 square foot lot, this 1,468 square foot property offers 4 bedrooms and 1 bathroom, with character and features that make it an exciting opportunity for a buyer ready to renovate and create something special. Inside, the home features a charming coved ceiling, a formal dining room, and a kitchen with a separate dining area. A dedicated laundry room adds convenience and functionality. The Spanish motif and inviting front porch provide a distinctive architectural feel and plenty of curb-appeal potential. Outside, enjoy a patio and a 2-car detached garage, offering parking, storage, and additional possibilities. With its sizable lot, classic character, and room for improvement, this is a chance to fix, save, and make this home your own. Bring your contractor, bring your imagination, and bring your offer! This one is ready for its next chapter!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1926
- Lot Size
- 6,950 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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 |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,468 | 1,601.762 |
| Lot Size | 6,950 | 6,628.752 |
| Price | $870.0K | $1.31M |
| Price per sq ft | $593 | $879 |
| Built year | 1926 | 1944 |
| HOA | $0 | $0 |
| Days on market | 6 | 44 |
Pricing History
Listed for Sale
Sep 4, 2026
$869,968
Initial Listing
Price Change
Sep 3, 2026
$989,989
Initial Listing