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365 W Alameda Avenue 203, Burbank, California 91506, Burbank, 91506 - 2 bed, 2 bath

365 W Alameda Avenue 203, Burbank, California 91506 home-pic-0
ACTIVE$755,000
365 W Alameda Avenue 203, Burbank, California 91506
2Beds
2Baths
1,250Sqft
22,131Lot
Year Built
1981
Close
-
List price
$755K
Original List price
$755K
Price/Sqft
$604
HOA
$550
Days on market
-
Sold On
-
MLS number
RS25103311
Home ConditionGood
Features
Deck
Spa
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $755.0K(50th), sqft - 1250(50th), beds - 2(50th), baths - 2(50th).

Welcome to 365 W Alameda a bright and beautiful 2-bedroom, 2-bath condo in the heart of Burbank. Enjoy the wonderful natural light and bright main living area featuring three balconies which give a lovely indoor-outdoor feel. The living room features a fireplace and there is a wet bar in the adjacent formal dining room. The primary suite with access to its own balcony, has a walk-in closet and beautiful remodeled bathroom. The second bathroom has also been recently remodeled. There is a private laundry with a side by side washer and dryer, There are two assigned side by side underground parking spaces. This is a lovely building within the Rancho neighborhood close to restaurants, the trails of Griffith Park, the LILA school and Burbank Blue Ribbon Schools! Building includes a recreation room with pool table, outdoor patio, sauna, gym and hot-tub. Close to all the major entertainment studios, Nickelodeon, Warner Brothers, NBC and more. A lovely place to come home to. A must see!!

Condition Rating
Good
The property, built in 1981, has undergone significant recent updates, including beautifully remodeled bathrooms with modern finishes and fixtures, and new laminate wood flooring throughout. The lighting has been updated to recessed fixtures, contributing to a bright and contemporary feel. While the kitchen features newer stainless steel appliances, the original oak cabinets and tile countertops are notably dated in style. However, the kitchen remains fully functional and does not require immediate renovation for usability. The extensive updates in other key areas make the property largely move-in ready and well-maintained, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

Prime Burbank Location: Situated in the desirable Rancho neighborhood, offering excellent proximity to major entertainment studios (Nickelodeon, Warner Brothers, NBC), Griffith Park trails, diverse restaurants, and highly-rated Burbank Blue Ribbon Schools.
Extensive Building Amenities: The building provides a comprehensive suite of amenities including a recreation room with a pool table, outdoor patio, sauna, gym, and hot tub, enhancing resident lifestyle and property value.
Updated Interiors & Conveniences: Both bathrooms have been recently remodeled, and the unit includes private, side-by-side laundry, offering modern comfort and convenience.
Abundant Natural Light & Balconies: The condo features wonderful natural light throughout the main living area and three balconies, promoting an open, indoor-outdoor living experience.
Dedicated Underground Parking: Includes two assigned side-by-side underground parking spaces, a significant and valuable amenity in a dense urban environment.

Cons

Lack of Views: The property explicitly states 'View: None,' which can be a notable detractor for potential buyers seeking scenic outlooks from a condo unit.
High Monthly Association Fee: A monthly association fee of $550.0 represents a substantial recurring cost that impacts overall affordability and ownership expenses.
Building Age: Built in 1981, the building is over 40 years old, which may suggest potential for older infrastructure or systems that could require future maintenance or updates beyond the recently remodeled bathrooms.

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