365 W Alameda Avenue 304, Burbank, California 91506, Burbank, 91506 - 2 bed, 2 bath

365 W Alameda Avenue 304, Burbank, California 91506 home-pic-0
ACTIVE$660,000
365 W Alameda Avenue 304, Burbank, California 91506
2Beds
2Baths
1,050Sqft
22,131Lot
Year Built
1981
Close
-
List price
$660K
Original List price
$668K
Price/Sqft
$629
HOA
$550
Days on market
-
Sold On
-
MLS number
25569293
Home ConditionFair
Features
ViewCourtyard, Peek-A-Boo

About this home

We found 3 Cons,5 Pros. Rank: price - $660.0K(50th), sqft - 1050(50th), beds - 2(50th), baths - 2(50th).

Welcome to this beautiful condo unit, perched on the top floor of the highly desirable Studio Park complex! Bathed in natural sunlight throughout the day, this home boasts expansive windows that fill the open-concept living and dining areas with warmth and light. Upon entry, you're greeted by a charming skylight and high ceilings, creating an airy, inviting atmosphere. The living room features a cozy fireplace and opens to a private balcony perfect for relaxing or entertaining. The updated kitchen includes granite countertops, recessed lighting, and a second skylight. This spacious unit offers two bedrooms, including a generous primary suite complete with a large en-suite bathroom and walk-in closet. Additional highlights include in-unit laundry, one shared wall for added privacy, and side-by-side parking. The building offers amenities: an outdoor patio, sauna, private shower and workout area, BBQ area, pool table, and a large recreation room ideal for hosting gatherings. Located in the heart of the Rancho neighborhood, you're just steps from Griffith Park, LAEC, trails, shops, restaurants, Universal Studios, Burbank Airport and highly rated schools including LILA and Burbank's Blue Ribbon schools. Ample guest street parking available. Don't miss this rare opportunity to own a top-floor gem in a prime location truly a place you'll love to call home!

Price History

Date
Event
Price
10/05/25
Price Change
$660,000-1.2%
07/24/25
$668,000
Condition Rating
Fair

The property was built in 1981, making it 43 years old. While the kitchen has 'updated' granite countertops and recessed lighting, the images show older-style cabinets and linoleum/vinyl flooring, suggesting these updates are not recent (likely 15-25 years old) and not a full modern renovation. The carpet throughout the living areas and bedrooms, along with the dated wet bar, indicate that while the home is clean and well-maintained, its overall style and finishes are outdated. The bathrooms are not pictured, but are likely similar in condition. The property is functional and move-in ready but would benefit from significant cosmetic updates to meet current aesthetic standards.
Pros & Cons

Pros

Prime Location: Situated in the highly desirable Rancho neighborhood, offering immediate access to Griffith Park, LAEC, diverse shops, restaurants, major studios, Burbank Airport, and top-rated schools.
Top Floor & Bright Interior: As a top-floor unit, it benefits from abundant natural sunlight, expansive windows, skylights, and high ceilings, creating an open and inviting atmosphere.
Updated Kitchen: Features an updated kitchen equipped with granite countertops, recessed lighting, and a second skylight, enhancing its modern appeal and functionality.
Extensive Building Amenities: Residents enjoy a comprehensive suite of building amenities including an outdoor patio, sauna, workout area, BBQ facilities, pool table, and a large recreation room.
Desirable Unit Features: Includes convenient in-unit laundry, a private balcony, a spacious primary suite with an en-suite bathroom and walk-in closet, and valuable side-by-side parking.

Cons

High Association Fees: The monthly association fee of $550.0 is a notable recurring expense that could impact long-term affordability and budget planning for potential buyers.
Absence of Mentioned Cooling System: The property description does not specify the presence of a cooling system (e.g., central air conditioning), which may be a significant consideration for comfort during Burbank's warmer seasons.
Recent Price Adjustment: A recent price reduction from $668,000 to $660,000 could indicate a previous overpricing or a slower market response, potentially affecting perceived value.

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