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1849 Ayers Way, Burbank, California 91501, Burbank, 91501 - 4 bed, 3 bath

1849 Ayers Way, Burbank, California 91501 home-pic-0
ACTIVE$1,595,000
1849 Ayers Way, Burbank, California 91501
4Beds
3Baths
3,214Sqft
Lot
Year Built
1980
Close
-
List price
$1.59M
Original List price
$1.59M
Price/Sqft
$496
HOA
$200
Days on market
-
Sold On
-
MLS number
250026795SD
Home ConditionPoor
Features
Good View: Mountain(s)
Pool
Patio
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 34% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.59M(58th), sqft - 3214(87th), beds - 4(65th), baths - 3(55th).

Opportunity knocks in the desirable Hillside District of Burbank! This spacious 4-bedroom, 3-bathroom home is nestled at the end of a quiet cul-de-sac, offering exceptional privacy and tranquility. Featuring a backyard oasis with a pool and ample living space, this property is priced below market value, reflecting its current condition and incredible potential. Enjoy the serene hillside setting while being close to top-rated schools, parks, shopping, dining, entertainment, and all that Burbank and Glendale have to offer. A rare chance to customize a home in one of Burbank’s most sought-after neighborhoods, blending suburban charm with urban convenience.

Condition Rating
Poor
The property, built in 1980, is explicitly described as being priced 'below market value, reflecting its current condition and incredible potential,' indicating a need for significant updates. The kitchen image clearly shows an unfinished or severely outdated space with incomplete cabinetry, dated tile flooring, and a general lack of modern features, suggesting substantial rehabilitation is required. While the exterior appears structurally sound, the interior, particularly the kitchen, is not move-in ready and would be uncomfortable to live in without major renovations.
Pros & Cons

Pros

Prime Location: Located in the desirable Hillside District of Burbank, a highly sought-after neighborhood with convenient access to top-rated schools, parks, shopping, dining, and entertainment.
Exceptional Privacy: Nestled at the end of a quiet cul-de-sac, the property offers a high degree of privacy and tranquility.
Outdoor Amenities: Features a private backyard oasis complete with a pool, ideal for relaxation and entertaining.
Spacious Living: A generous 4-bedroom, 3-bathroom home spanning 3214 sqft, providing ample living space for a family.
Customization Potential: Described as a 'rare chance to customize a home' with 'incredible potential,' offering buyers the opportunity to personalize and add value.

Cons

Current Condition & Required Investment: The property's pricing reflects its 'current condition,' implying that significant updates, renovations, or repairs may be necessary to realize its full potential.
Significant Price Discrepancy: The listing price of $1,595,000 is substantially higher than the estimated property value of $1,049,183.7, suggesting potential overpricing relative to its current state or market comparables.
Ongoing Association Fee: The property is subject to a $200 monthly association fee, which adds to the recurring cost of homeownership.

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