2237 N Valley, Burbank, California 91505, Burbank, 91505 - 3 bed, 1 bath

2237 N Valley, Burbank, California 91505 home-pic-0
ACTIVE$949,000
2237 N Valley, Burbank, California 91505
3Beds
1Bath
1,028Sqft
6,031Lot
Year Built
1944
Close
-
List price
$949K
Original List price
$949K
Price/Sqft
$923
HOA
-
Days on market
-
Sold On
-
MLS number
SR25256318
Home ConditionTear down
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 12% below the list price. We found 3 Cons,5 Pros. Rank: price - $949.0K(26th), sqft - 1028(21th), beds - 3(50th), baths - 1(30th).

First time on the market in over 75 years! This well-loved three bedroom, one bath home offers 1,028 square feet of living space on a 6,031 square foot lot. The home has great bones and has been cared for by the same family for generations. There is a bonus room just off the kitchen that provides a convenient laundry area, while an added workshop behind the garage offers extra space for hobbies, projects, or storage. The garage previously had a sink for the workshop, and the garage itself is the perfect candidate for your future ADU (buyer to verify). A majestic oak tree shades the front yard, while a graceful Chinese elm anchors the backyard, adding character and charm to the outdoor spaces. Located just down the street from Larry L. Maxam Memorial Park (Formerly Pacific Park), where you can enjoy open green space, playgrounds, and even pickleball courts! Bring your imagination and your vision to make this classic gem shine again.

Price History

Date
Event
Price
11/07/25
Listing
$949,000
Condition Rating
Tear down

Built in 1944 and on the market for the first time in over 75 years, this property has had no major renovations in the past 50 years, aligning with the 'tear-down' criteria. While the description mentions 'great bones,' the images reveal an extremely dated interior. The kitchen features original-style white cabinets, laminate countertops, older white appliances, and linoleum flooring, all requiring complete replacement. The single bathroom is also presumed to be original and highly outdated. Flooring throughout consists of worn, old carpet. Light fixtures are basic and dated. The overall condition of the interior components and systems is functionally obsolete, necessitating a full gut renovation or demolition to meet modern living standards. The property's value is primarily in the land and its redevelopment potential.
Pros & Cons

Pros

Desirable Burbank Location: Situated in a highly sought-after Burbank neighborhood, offering excellent schools (Burbank Unified) and immediate access to Larry L. Maxam Memorial Park, enhancing lifestyle and property value.
Significant ADU Potential: The detached garage presents a prime opportunity for conversion into an Accessory Dwelling Unit (ADU), offering substantial value-add for rental income or multi-generational living.
Solid Structural Foundation: Described as having 'great bones' and cared for by the same family for generations, indicating a well-maintained core structure suitable for renovation.
Functional Bonus Spaces: Includes a dedicated laundry area in a bonus room and an additional workshop behind the garage, providing versatile extra space for hobbies, storage, or utility.
Charming Mature Landscaping: Features a majestic oak tree in the front and a graceful Chinese elm in the backyard, contributing to strong curb appeal and a pleasant outdoor environment.

Cons

Extensive Renovation Required: The property, being on the market for the first time in over 75 years, requires significant modernization and updates to meet contemporary standards and buyer expectations.
Limited Bathroom Count: With only one bathroom for three bedrooms, the property presents a functional limitation that may necessitate a costly renovation to add an additional bathroom.
Potential Overpricing: The current list price of $949,000 is notably above the estimated property value of $865,058.8, suggesting it may be overpriced given its age and required renovations.

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