338 N Mariposa, Burbank, California 91506, Burbank, 91506 - 2 bed, 2 bath

338 N Mariposa, Burbank, California 91506 home-pic-0
ACTIVE$950,000
338 N Mariposa, Burbank, California 91506
2Beds
2Baths
940Sqft
5,852Lot
Year Built
1950
Close
-
List price
$950K
Original List price
$950K
Price/Sqft
$1,011
HOA
-
Days on market
-
Sold On
-
MLS number
SR25277445
Home ConditionPoor
Features
Good View: None
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 10% below the list price. We found 3 Cons,5 Pros. Rank: price - $950.0K(7th), sqft - 940(7th), beds - 2(21th), baths - 2(50th).

Welcome to 338 N Mariposa Street, a charming single-family residence nestled in the highly desirable Magnolia Park neighborhood of Burbank. This inviting 2-bedroom, 2-bathroom home sits on a generous 5,850 sq. ft. lot, offering ample space for outdoor entertaining, gardening, or future expansion possibilities. The property features a detached 2-car garage, perfect for parking, storage, or ADU potential. Inside, you’ll find an effortless flow between living spaces, abundant natural light, and the opportunity to customize and create your ideal home environment. Whether you’re a first-time buyer, downsizing, or looking for a valuable investment in a premier Burbank location, this property delivers comfort and convenience. Situated just moments from Magnolia Park boutiques, cafés, and amenities, lifestyle is front and center here. Major retailers such as Ikea, Costco, Home Depot, and Walmart Supercenter are minutes away, making errands a breeze. Commuting is seamless with quick access to the I-5 and CA-134 freeways and close proximity to the Burbank Transit Station. Enjoy access to highly regarded Burbank schools, parks, and community attractions that make this area one of the most sought-after pockets in the city. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

Price History

Date
Event
Price
12/17/25
Listing
$950,000
02/23/18
Sold
$699,000
Condition Rating
Poor

Built in 1950, this property requires substantial renovation to meet modern standards. The kitchen features extremely dated wood cabinetry, tile countertops, and very old appliances (coil cooktop, wall oven). Both bathrooms are severely outdated with old vanities, fixtures, and tilework. While some living areas have newer laminate flooring and fresh paint, the critical areas (kitchen, bathrooms, and lack of central air conditioning) indicate a need for significant investment in updates to systems and finishes, aligning with a 'Poor' condition.
Pros & Cons

Pros

Highly Desirable Location: Situated in Burbank's sought-after Magnolia Park, offering proximity to local boutiques, cafes, major retailers, and highly-regarded schools.
ADU Potential: The detached 2-car garage presents a significant opportunity for conversion into an Accessory Dwelling Unit (ADU), enhancing property value and potential rental income.
Generous Lot Size: A 5,850 sq. ft. lot provides ample outdoor space for landscaping, entertaining, or future expansion possibilities of the main residence.
Exceptional Commuter Accessibility: Strategic location with quick access to I-5 and CA-134 freeways, plus proximity to the Burbank Transit Station, ensures convenient travel.
Customization Opportunity: The property offers a blank canvas for buyers to personalize and modernize, allowing for the creation of an ideal home environment tailored to their tastes.

Cons

Compact Interior Footprint: With 940 sq. ft., the home's interior living space is relatively modest for a 2-bedroom, 2-bathroom configuration, potentially limiting appeal for buyers seeking larger accommodations.
Age and Required Updates: Built in 1950, the property likely requires significant investment in updates to systems, finishes, and overall modernization to meet contemporary standards.
Absence of Modern Amenities: The description does not highlight any recent upgrades or modern features, suggesting the home may lack contemporary conveniences often sought by today's buyers.

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