2310 N Catalina Street, Burbank, California 91504, Burbank, 91504 - 2 bed, 1 bath
ACTIVE$1,085,000
2310 N Catalina Street, Burbank, California 91504
2Beds
1Bath
2,400Sqft
6,907Lot
Year Built
1949
Close
-
List price
$1.08M
Original List price
$1.1M
Price/Sqft
$452
HOA
-
Days on market
-
Sold On
-
MLS number
BB24176717
Home ConditionTear down
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.08M(13th), sqft - 2400(77th), beds - 2(8th), baths - 1(13th).
Perfect opportunity for builders and contractors to build a sfd and second unit and 2 new adus with approved plans to build 2 brand new buildings 2 seperate 2 story buildings sfr,adu,jadu and studio to be delivered to the new owner. The submitted plans copy are included in the supplement. the approximate aqf of the total property will be around 4800 sqf .
Price History
Date
Event
Price
09/02/25
Price Change
$1,085,000
08/26/24
Listing
$1,100,000
Condition Rating
Tear down
The property was built in 1949, making it over 70 years old. The listing description explicitly markets it as an 'opportunity for builders and contractors to build... with approved plans to build 2 brand new buildings,' indicating the value is in the land and redevelopment potential, not the existing structure. The exterior images show a neglected property with significant wear and tear, unkempt surroundings, and no interior photos are provided, strongly suggesting the current structure is beyond repair and intended for demolition.
Pros & Cons
Pros
Approved Development Plans: The property comes with pre-approved plans for multiple new units (SFD, ADU, JADU, studio), significantly de-risking and accelerating the development process for builders and investors.
High Income Potential: The approved plans for multiple residential units (totaling approximately 4800 sqft) offer substantial potential for rental income generation or individual unit sales upon completion.
Prime Burbank Location: Situated in Burbank, a highly desirable Southern California city known for its strong real estate market, excellent schools (Burbank Unified), and proximity to major entertainment studios and amenities.
Targeted Buyer Appeal: Explicitly marketed as a 'perfect opportunity for builders and contractors,' attracting a specific buyer demographic ready to capitalize on the development potential.
Substantial New Construction Scale: The approved plans allow for approximately 4800 sqft of new construction across multiple buildings, indicating a significant project with considerable market value upon completion.
Cons
Extensive Redevelopment Required: The existing 1949 structure (2 beds, 1 bath) is likely a tear-down or requires a complete overhaul, necessitating substantial construction effort and time from the buyer.
High Capital Investment: Despite approved plans, the actual construction costs for building approximately 4800 sqft across multiple new units will require a significant financial outlay from the buyer.
Lack of Desirable Views: The property explicitly states 'view: None,' which could be a minor disadvantage in a competitive market where properties with scenic views often command higher prices.