3029 Trudi Lane, Burbank, California 91504, Burbank, 91504 - 6 bed, 4 bath

3029 Trudi Lane, Burbank, California 91504 home-pic-0
ACTIVE$1,799,000
3029 Trudi Lane, Burbank, California 91504
6Beds
4Baths
2,872Sqft
10,440Lot
Year Built
1956
Close
-
List price
$1.8M
Original List price
$1.8M
Price/Sqft
$626
HOA
-
Days on market
-
Sold On
-
MLS number
25526717
Home ConditionPoor
Features
Good View: Hills
Patio
ViewHills

About this home

Possibly Over-Priced:The estimated price is 32% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.80M(79th), sqft - 2872(83th), beds - 6(92th), baths - 4(77th).

Unlock the potential of this Burbank fixer with endless possibilities. Tucked away at the end of a quiet cul-de-sac in the highly sought-after Burbank Hills, this spacious 6-bedroom, 4-bathroom home is brimming with opportunity. Whether you're looking to create your forever home or an investment masterpiece, this property offers a rare combination of location, size, and potential. Step inside and imagine the possibilities. A large, open kitchen equipped with a Sub-Zero refrigerator awaits your modern touch, while the flexible floor plan offers room for creative redesigns. The home features a generous 2-car garage and a unique 2-level addition that can easily be converted into a separate unit for rental income or guest quarters. The sizeable backyard is perfect for entertaining, relaxing, or building the pool of your dreams. Surrounded by the serene beauty of Burbank's hillside neighborhood, you'll enjoy peaceful, tree-lined streets and easy access to the outdoor adventures of nearby Brace Canyon Park. Take a short ride down the hill and you will be greeted by all the shops, restaurants, and nightlife that downtown Burbank has to offer. This is your chance to create something truly special in one of Burbank's most desirable neighborhoods. Bring your vision, the possibilities are endless!

Nearby schools

7/10
Thomas Jefferson Elementary School
Public,K-51.2mi
4/10
Glenwood Elementary School
Public,K-51.4mi
4/10
Vinedale Elementary School
Public,K-51.8mi
8/10
John Muir Middle School
Public,6-81.8mi
8/10
Burbank High School
Public,9-122.0mi
5/10
Sun Valley Engineering And Technology Magnet
Public,6-122.6mi
6/10
Burbank Unified Independent Learning Academy (Buila)
Public,7-122.6mi
3/10
Sun Valley High School
Public,9-123.9mi
Condition Rating
Poor

The property, built in 1956, is explicitly marketed as a 'fixer' requiring 'substantial renovation, modernization, and significant financial investment.' The kitchen features very outdated tiled countertops, old wood cabinets, and older appliances. Most bathrooms also exhibit highly dated finishes, including small square tiles, tiled countertops, and old fixtures, with the exception of one seemingly updated bathroom. Flooring consists of dated tiles and patterned/worn carpets. While functional, the overall condition, age, and explicit 'fixer' status indicate that major components and aesthetics are well past their expected lifespan and require extensive rehabilitation to meet current standards.
Pros & Cons

Pros

Prime Location: Situated at the end of a quiet cul-de-sac in the highly sought-after Burbank Hills, offering peaceful, tree-lined streets and convenient access to Brace Canyon Park and downtown Burbank's amenities.
Significant Value-Add Potential: Marketed as a 'fixer with endless possibilities,' this property offers a blank canvas for buyers to create a custom 'forever home' or an 'investment masterpiece'.
Income-Generating Potential: A unique 2-level addition can easily be converted into a separate unit for rental income or guest quarters, providing flexibility and potential for additional revenue.
Generous Size and Layout: A spacious 6-bedroom, 4-bathroom home spanning 2872 sqft on a large 10,440 sqft lot, offering ample living space and a flexible floor plan for creative redesigns.
Desirable Outdoor Space: The sizeable backyard is ideal for entertaining, relaxing, or has the potential for a custom pool, enhancing the property's lifestyle appeal.

Cons

Fixer Condition: The property is explicitly described as a 'fixer,' indicating it requires substantial renovation, modernization, and significant financial investment to bring it to its full potential.
Age of Property: Built in 1956, the home is older, which may imply outdated infrastructure, systems, and finishes that will likely require costly upgrades to meet contemporary standards and preferences.
Significant Price Discrepancy: The listing price of $1.799M is considerably higher than the estimated property value of approximately $1.215M, which could deter potential buyers or necessitate a price adjustment.

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