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320 S Glenwood Place, Burbank, California 91506, Burbank, 91506 - 2 bed, 1 bath

320 S Glenwood Place, Burbank, California 91506 home-pic-0
ACTIVE$695,000
320 S Glenwood Place, Burbank, California 91506
2Beds
1Bath
832Sqft
6,752Lot
Year Built
1949
Close
-
List price
$695K
Original List price
$695K
Price/Sqft
$835
HOA
-
Days on market
-
Sold On
-
MLS number
25626499
Home ConditionPoor
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $695.0K(2th), sqft - 832(3th), beds - 2(21th), baths - 1(21th).

Fixer alert in prime Burbank! Trust Sale No Court Confirmation. Exceptional value-add opportunity in a prime Burbank neighborhood. 320 S Glenwood Place sits on a quiet, tree-lined street near top Burbank schools, studios, parks, and Magnolia Park amenities. The home is a true fixer with strong upside ideal for investors, developers, flippers, or owner-users looking to renovate, expand, or build new (buyer to verify). Large usable lot offers excellent potential for additions or an ADU (buyer to verify). Surrounded by updated homes and long-term owners, this is a rare chance to create significant equity in one of Burbank's most desirable pockets.

Price History

Date
Event
Price
12/07/25
Listing
$695,000
Condition Rating
Poor
The property, built in 1949, is explicitly described as a 'true fixer' requiring extensive renovation. Images confirm this, showing severely worn hardwood floors, extremely outdated and dirty kitchen with old appliances and cabinets, and a bathroom with vintage, stained fixtures and tiles. All major systems and finishes appear to be original or from a very old renovation (30-50+ years ago), indicating significant defects and the need for substantial repairs and rehabilitation to meet modern living standards. The property is likely unsafe or very uncomfortable to live in its current state.
Pros & Cons

Pros

Prime Burbank Location: Located in a highly desirable Burbank neighborhood, on a quiet, tree-lined street, with proximity to top schools, studios, parks, and Magnolia Park amenities.
Significant Value-Add Potential: Described as an 'exceptional value-add opportunity' with 'strong upside' for investors, developers, flippers, or owner-users to renovate, expand, or rebuild.
Large Usable Lot: The property boasts a substantial 6,752 sqft usable lot, offering excellent potential for additions or an Accessory Dwelling Unit (ADU).
Equity Creation Opportunity: Presents a rare chance for buyers to create significant equity through renovation and modernization in a sought-after area.
Stable & Desirable Neighborhood: Situated in a pocket surrounded by updated homes and long-term owners, indicating a stable and well-maintained community.

Cons

True Fixer Condition: Explicitly stated as a 'true fixer,' indicating the property requires extensive renovation, repairs, and updates, which will incur significant costs and effort.
Older Construction: Built in 1949, the home is likely to have outdated systems, infrastructure, and aesthetics that will need modernization to meet contemporary standards.
Limited Current Living Space: With only 832 sqft, the existing home offers relatively small living quarters, which may not appeal to all buyers without immediate plans for expansion.

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