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222 N Rose St 209, Burbank, California 91505, Burbank, 91505 - 1 bed, 2 bath

222 N Rose St 209, Burbank, California 91505 home-pic-0
ACTIVE$350,000
222 N Rose St 209, Burbank, California 91505
1Bed
2Baths
1,040Sqft
24,643Lot
Year Built
1980
Close
-
List price
$350K
Original List price
$350K
Price/Sqft
$337
HOA
$625
Days on market
-
Sold On
-
MLS number
250026332SD
Home ConditionPoor
Features
Deck
Pool
Spa
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $350.0K(10th), sqft - 1040(60th), beds - 1(50th), baths - 2(50th).

CASH ONLY..Toluca Lake Village Single level condo..Near TV Studios and media companies (Disney, Warner Bros, NBC, and Universal Studios)The building amenities include outdoor pool, spa and BBQ area, bicycle storage, community room, controlled access video security system and side by side parking. Take advantage of Burbank city services including Schools, Police and Fire dept, while being centrally located in the heart of Toluca lake shops and restaurants. AGENTS...Please review confidential remarks as pictures do not reflect current state of the unit..CASH ONLY and PLEASE READ CONFIDENTIAL AGENT REMARKS PRIOR TO CONTACTING LISTING AGENT ABOUT CURRENT LITIGATION WARNING.

Condition Rating
Poor
Despite the images depicting a beautifully renovated kitchen and bathroom with modern finishes, the listing description explicitly states, 'pictures do not reflect current state of the unit.' This, combined with the 'CASH ONLY' requirement and 'CURRENT LITIGATION WARNING,' strongly indicates the property is in a significantly deteriorated condition, likely requiring substantial repairs and rehabilitation. The 1980 build year further suggests that without recent renovation (which the listing disclaims), the unit would be severely outdated and in need of major updates to all systems and aesthetics.
Pros & Cons

Pros

Prime Entertainment Industry Location: The property is strategically located near major TV studios and media companies (Disney, Warner Bros, NBC, Universal Studios), making it highly attractive to professionals in the entertainment industry.
Desirable Toluca Lake Village Setting: Centrally situated in the heart of Toluca Lake, offering convenient access to local shops, restaurants, and a vibrant community atmosphere.
Comprehensive Building Amenities: Residents benefit from a range of amenities including an outdoor pool, spa, BBQ area, bicycle storage, community room, and controlled access video security system.
Excellent Burbank City Services: The location allows residents to take advantage of highly regarded Burbank city services, including schools, police, and fire departments, contributing to a stable and safe environment.
Secure & Convenient Parking: The building offers side-by-side parking and controlled access security, providing both convenience and peace of mind for residents.

Cons

CASH ONLY Requirement: The property is explicitly listed as 'CASH ONLY,' which severely restricts the potential buyer pool and eliminates those reliant on traditional financing.
Undisclosed Litigation Warning: The presence of a 'CURRENT LITIGATION WARNING' is a significant red flag, indicating potential legal issues that could impact the property's value, ownership, or future marketability.
Discrepancy in Unit Condition: The note 'pictures do not reflect current state of the unit' suggests the property likely requires substantial renovation or repairs, implying significant additional investment for the buyer.

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