244 N Hollywood Way, Burbank, California 91505, Burbank, 91505 - 2 bed, 1 bath

244 N Hollywood Way, Burbank, California 91505 home-pic-0
ACTIVE$899,000
244 N Hollywood Way, Burbank, California 91505
2Beds
1Bath
901Sqft
3,718Lot
Year Built
1947
Close
-
List price
$899K
Original List price
$950K
Price/Sqft
$998
HOA
-
Days on market
-
Sold On
-
MLS number
GD25046373
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 30% below the list price. We found 3 Cons,5 Pros. Rank: price - $899.0K(22th), sqft - 901(8th), beds - 2(31th), baths - 1(30th).

This beautifully updated 2-bedroom, 1-bath home in the heart of Burbank seamlessly blends modern elegance with classic charm. Offering 901 square feet of thoughtfully designed living space, this home is move-in ready and perfect for those seeking style, comfort, and convenience. Inside, natural light fills the inviting living area, highlighting the sleek flooring and fresh, neutral paint that complement any décor. The stylish newly remodeled kitchen boasts quartz countertops, custom cabinetry, and stainless steel appliances, creating a functional yet sophisticated cooking space. The dining area provides an intimate setting for meals and gatherings. The well-appointed bedrooms offer tranquil retreats, complete with generous closet space and large windows. The beautifully updated bathroom showcases modern fixtures, a chic vanity, and a spa-like tiled shower. A dedicated laundry area adds everyday convenience. Outside, the private backyard offers a serene escape with mature trees and ample space for entertaining, gardening, or simply unwinding. Detached garage provides an exciting opportunity for an ADU conversion with its own alley access. Located in a prime Burbank neighborhood, this home is just moments away from top-rated schools, major studios, trendy restaurants, and shopping destinations. This is an incredible opportunity to own a home in one of the most sought-after areas. Welcome Home!

Condition Rating
Excellent

Despite being built in 1947, the property has undergone extensive and recent renovations. The description highlights a 'beautifully updated' and 'newly remodeled kitchen' with quartz countertops, custom cabinetry, and stainless steel appliances, which is confirmed by the images. The bathroom is also 'beautifully updated' with modern fixtures and a spa-like tiled shower. Throughout the home, there is sleek flooring, fresh paint, and recessed lighting, indicating that all components are new or virtually new and meet current quality standards. The property is presented as move-in ready with no deferred maintenance visible in the updated areas.
Pros & Cons

Pros

Prime Location: Situated in a highly sought-after Burbank neighborhood, offering excellent proximity to major studios, top schools, dining, and shopping.
Modern Renovations: Features a beautifully updated interior, including a newly remodeled kitchen with quartz countertops and stainless steel appliances, sleek flooring, and a stylish bathroom, ensuring a move-in ready experience.
ADU Potential: The detached garage with convenient alley access provides a significant opportunity for an Accessory Dwelling Unit (ADU) conversion, enhancing property value and utility.
Private Outdoor Retreat: A private and serene backyard space, complete with mature trees, offers ample room for relaxation, gardening, and outdoor entertaining.
Functional Layout & Amenities: Thoughtfully designed 901 sqft living space with abundant natural light and a dedicated laundry area, maximizing comfort and convenience.

Cons

Limited Living Space & Bathroom Count: With only 901 square feet and a single bathroom, the property offers limited living space that may not meet the needs of larger households or those desiring more amenities.
Age of Property (Potential System Concerns): Built in 1947, the home's age, despite cosmetic updates, may suggest potential for older major systems (e.g., plumbing, electrical, HVAC) that could require future investment.
Significant Overpricing: The current list price of $899,000 is substantially higher than the property's estimated value and recent comparable sales, indicating a potential overvaluation that could prolong market time.

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