1504 N California Street, Burbank, California 91505, Burbank, 91505 - 8 bed, 7 bath

1504 N California Street, Burbank, California 91505 home-pic-0
ACTIVE UNDER CONTRACT$2,345,000
1504 N California Street, Burbank, California 91505
8Beds
7Baths
3,420Sqft
7,077Lot
Year Built
1940
Close
-
List price
$2.35M
Original List price
$2.4M
Price/Sqft
$686
HOA
-
Days on market
-
Sold On
-
MLS number
BB25207359
Home ConditionExcellent
Features
Deck
Patio
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $2.35M(98th), sqft - 3420(98th), beds - 8(99th), baths - 7(99th).

Price Improvement!! On a quiet street in Burbank, we are unveiling this brand new SB9 construction project, which makes a monumental leap forward in urban development. Designed with a blend of innovative architecture, sustainability and efficient use of space, this structure exemplifies the evolving needs of the community. Where traditional homes meets contemporary style, a once dated front house has been redesigned and paired with three newly constructed units. The redesigned front house with its charming front porch, features 3 bedrooms and 1 3/4 baths, an open living space with high ceilings and a custom kitchen with stainless steel appliances and an eating area on the quartz topped island. There is also a laundry closet with a stackable washer and dryer. The one bedroom unit features 10 ft ceilings and is attached to the back of the front house but has separate entrance. It features a full bath, a laundry closet, and custom kitchen cabinetry with quartz stone counters. The back two story structure consists of two new identical 2 bedroom, 1 bath units The ten foot ceilings are featured throughout with an abundance of kitchen cabinetry and quartz counters. The upstairs unit offers lots of natural light and some views as well as outdoor living with a generous sized balcony. The downstairs unit has a private patio which would be ideal for entertaining. These two units are newly built and therefore have completely paid for solar panels. All units feature tankless water heaters and there is a long driveway for cars. There is also an attached single car garage. This new development provides an ideal combination of classic charm, advanced design and multi-generational living potential. This makes it a perfect addition to a real estate portfolio. Projected rental income on these units could potentially be $14,000 a month.

Price History

Date
Event
Price
10/30/25
Price Change
$2,345,000-2.1%
09/09/25
Listing
$2,395,000
Condition Rating
Excellent

This property features a redesigned front house and three newly constructed units, all showcasing modern, high-quality finishes. The kitchens boast custom cabinetry, quartz countertops, and stainless steel appliances, including a professional-style range in the front unit. Bathrooms are updated with contemporary vanities, tiling, and glass shower enclosures. Throughout the units, there is consistent light wood-look flooring, recessed lighting, and fresh paint. Key modern features like solar panels and tankless water heaters further confirm the recent and extensive upgrades, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Exceptional Income Potential: The property comprises four units (3-bed, 1-bed, two 2-bed) with a projected rental income of $14,000 per month, making it a highly attractive investment for generating substantial cash flow.
Modern & Sustainable New Construction: Three of the units are brand new SB9 construction, featuring completely paid for solar panels, tankless water heaters, high ceilings, and contemporary finishes, ensuring energy efficiency and reduced utility costs.
Desirable Burbank Location: Situated on a quiet street in Burbank, a highly sought-after city known for its excellent schools (Burbank Unified), amenities, and proximity to major entertainment studios.
Redesigned Front House with Modern Amenities: The original 1940 front house has been thoughtfully redesigned with high ceilings, a custom kitchen, stainless steel appliances, and a quartz-topped island, blending classic charm with contemporary comfort.
Ample Parking & Outdoor Spaces: The property offers a long driveway for multiple cars and an attached single-car garage. Additionally, specific units benefit from a generous balcony and a private patio, enhancing outdoor living options.

Cons

Mixed Age Construction: While three units are newly built, the front house is a redesigned structure from 1940. This blend of old and new construction might lead to inconsistencies in infrastructure or perceived age differences, despite renovations.
Potential for Noise/Privacy Concerns: With four distinct units on a single lot, there is an inherent potential for increased noise and reduced privacy among residents compared to a traditional single-family home, which may not appeal to all tenants or owners.
Limited Premium Views: The property's general view is described as 'Neighborhood,' and while the upstairs unit offers 'some views,' it lacks expansive or premium scenic vistas that could significantly enhance its market value.

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