1023 E Verdugo Avenue, Burbank, California 91501, Burbank, 91501 - bed, bath

1023 E Verdugo Avenue, Burbank, California 91501 home-pic-0
ACTIVE$1,999,000
1023 E Verdugo Avenue, Burbank, California 91501
0Bed
0Bath
1,722Sqft
7,752Lot
Year Built
1940
Close
-
List price
$2M
Original List price
$2.19M
Price/Sqft
$1,161
HOA
-
Days on market
-
Sold On
-
MLS number
GD25057165
Home ConditionExcellent
Features
Deck
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 33% below the list price. We found 3 Cons,6 Pros. Rank: price - $2.00M(81th), sqft - 1722(50th), beds - undefined(3th), baths - undefined(3th).

Stunning home in desirable Burbank, right before Sunset Cyn, offering incredible potential for a large family, investors, or rental income! The main house features 3 spacious bedrooms and 3 bathrooms, each showcasing unique design elements. The kitchen is a chef’s dream, with sleek stainless steel appliances, elegant quartz countertops, and a beautiful chandelier that adds a touch of luxury. Recessed lighting, beautiful tile and laminate flooring flow throughout the home, enhancing the overall charm and warmth. A cozy patio provides a great outdoor space for relaxation. The bathrooms are tastefully updated, and the master bedroom includes a spacious walk-in closet. The attic offers Balcony, versatile space, perfect for a game room, office, or additional storage. The extended garage provides plenty of room and includes a split unit for added comfort. This home truly reflects the owner's pride and care, making it an ideal place to call home. The ADU is a fantastic bonus, offering a modern kitchen with quartz countertops, backsplash, recessed lighting, and laminate flooring throughout. The main floor includes a convenient 1/2 bath, while the upper level features 2 bedroom and 1 full, updated Jack and Jill bathroom. The ADU also boasts its own private balcony, perfect for enjoying your morning coffee or evening relaxation. With separate laundry areas for both dwellings, this property offers exceptional convenience. Whether you’re looking for a spacious family home with extra rental income potential, an investment property, or a multi-generational living arrangement, this property checks all the boxes. Don't miss the chance to own this one of a kind property in a prime location an exceptional opportunity for any buyer!

Condition Rating
Excellent

This property, though built in 1940, has undergone extensive and high-quality renovations, bringing it to an 'excellent' condition. Both the main house and the ADU feature modern, 'chef's dream' kitchens with sleek stainless steel appliances, elegant quartz countertops, and recessed lighting. Bathrooms are 'tastefully updated' with contemporary fixtures and tiling. Beautiful tile and laminate flooring flow throughout, and the versatile attic space is finished with a split unit. The overall aesthetic, as confirmed by the images, is virtually new and meets current quality standards, indicating a recent and comprehensive overhaul.
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 = 7752, living area = 1722.
Income-Generating ADU: Features a fully equipped Accessory Dwelling Unit (ADU) with its own modern kitchen, bathrooms, balcony, and separate laundry, providing significant rental income potential or multi-generational living options.
Prime Burbank Location: Located in a highly desirable Burbank neighborhood, offering excellent community amenities, schools, and convenient access to local attractions.
Modernized Main House Kitchen: The main residence boasts a 'chef’s dream' kitchen, updated with sleek stainless steel appliances and elegant quartz countertops.
Versatile Attic Space: The property includes a versatile attic space, ideal for conversion into a game room, office, or additional storage, enhancing functional living area.
Evident Owner Pride: The home shows clear signs of 'owner's pride and care,' suggesting a well-maintained property with attention to detail.

Cons

Substantial Price Overestimation: The current list price is significantly above the property's estimated market value, which may lead to buyer hesitation and extended time on market.
Absence of Central Air Conditioning: The description only notes a split unit in the garage, implying the main house and ADU may lack central air conditioning, a crucial amenity in warmer climates.
Age of Original Construction: Built in 1940, the primary structure is an older home, which could present potential long-term maintenance considerations or require updates to original systems.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state