408 S Sparks Street, Burbank, California 91506, Burbank, 91506 - 3 bed, 2 bath

408 S Sparks Street, Burbank, California 91506 home-pic-0
ACTIVE$1,199,999
408 S Sparks Street, Burbank, California 91506
3Beds
2Baths
1,279Sqft
6,752Lot
Year Built
1951
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$938
HOA
-
Days on market
-
Sold On
-
MLS number
25617031
Home ConditionPoor
Features
Pool
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 9% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.20M(28th), sqft - 1279(25th), beds - 3(50th), baths - 2(50th).

HUGE OPPORTUNITY! LOCATION! LOCATION! LOCATION! Don't miss this incredible opportunity to own in one of Burbank's most desirable neighborhoods! Nestled on a quiet, tree-lined street of the Rancho neighborhood, this charming 3-bedroom, 2-bath traditional home with a huge pool offers 1,279 sq. ft. of living space on a generous 6,752 sq. ft. lot. Off the pool, is a small "tea house" that can be used as an office space, studio, storage, or whatever bonus space you may need! There is also a 2 car garage on property. Whether you're looking to reimagine, expand, or build your dream home from the ground up, this property is brimming with potential. Enjoy the best of both worlds a peaceful residential setting with convenient access to parks, major studios, Whole Foods, and a wide variety of local shops and dining options. Properties like this in such a prime, central location rarely come on the market, so seize the chance to create your ideal Burbank retreat! Offered strictly "As Is," no credits or repairs will be given. Fireplace considered decorative Buyer to verify all aspects of the property including square footage, zoning, and development potential. All offers due with POF & Pre quals

Price History

Date
Event
Price
11/25/25
Listing
$1,199,999
Condition Rating
Poor

Built in 1951 and sold strictly 'As Is,' this property requires substantial rehabilitation. The kitchen features severely outdated white cabinets, laminate countertops, older appliances, and a dated light fixture. Both bathrooms are also highly outdated with old vanities, countertops, fixtures, and finishes. While livable, the home's systems and aesthetics are well past their prime, necessitating a full renovation to meet modern standards and comfort.
Pros & Cons

Pros

Exceptional Location: Situated in Burbank's highly desirable Rancho neighborhood on a quiet, tree-lined street, offering convenient access to major studios, amenities, and a peaceful residential setting.
Significant Development Potential: The property presents a rare opportunity to reimagine, expand, or build a dream home from the ground up, capitalizing on its prime location and generous lot.
Generous Lot with Pool: Features a substantial 6,752 sq. ft. lot, including a large swimming pool, providing ample outdoor living and entertainment space.
Versatile Bonus Structure: Includes a separate 'tea house' offering flexible bonus space ideal for an office, studio, or additional storage.
Market Rarity: Properties of this caliber in such a central and prime Burbank location are infrequently available, indicating strong investment potential and demand.

Cons

As-Is Sale Condition: The property is offered strictly 'As Is,' with no credits or repairs, potentially requiring significant immediate investment from the buyer for necessary updates or renovations.
Age of Home/Potential for Updates: Built in 1951, the traditional home may require substantial modernization and maintenance to meet contemporary standards and preferences.
Non-Functional Fireplace: The fireplace is noted as decorative, meaning it does not provide functional heating and may need conversion or removal if a working fireplace is desired.

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