4140 Warner 205, Burbank, California 91505, Burbank, 91505 - 1 bed, 1 bath

4140 Warner 205, Burbank, California 91505 home-pic-0
ACTIVE$525,000
4140 Warner 205, Burbank, California 91505
1Bed
1Bath
760Sqft
24,274Lot
Year Built
1964
Close
-
List price
$525K
Original List price
$529K
Price/Sqft
$691
HOA
$615
Days on market
-
Sold On
-
MLS number
SR25252505
Home ConditionFair
Features
Good View: Hills
Pool
ViewHills

About this home

We found 3 Cons,5 Pros. Rank: price - $525.0K(30th), sqft - 760(50th), beds - 1(50th), baths - 1(30th).

In coveted Toluca Lake area location, this spacious one bedroom, one bath home, complete with Burbank services, is within walking distance to Toluca Lake Village, Lakeside Golf Club, Warner Bros., Burbank, Disney and Universal Studios. Step onto gleaming hardwood floors and enjoy the open floor plan, cook's kitchen and balcony with view of Cahuenga hills. Multiple closets and lots of storage space. Healthy homeowners' association with recent building improvements that include new roof, upgraded pool decks and security system. Location, location, location. A special property, a rare find for entertainment industry, investors or first-time buyers and priced to sell. Move in and create memories!

Price History

Date
Event
Price
12/03/25
Price Change
$525,000-0.8%
11/03/25
Listing
$529,444
11/29/05
Sold
$347,500
01/07/99
Sold
$115,000
Condition Rating
Fair

The property, built in 1964, is 60 years old. While the common areas have seen recent upgrades (new roof, upgraded pool decks, security system), the interior of the unit, particularly the kitchen, shows significant signs of being outdated. The kitchen features dated light wood cabinets, tiled countertops, an older wall oven/stovetop combo, and a dated fluorescent light fixture. While functional, these elements suggest a renovation that occurred 15-30 years ago, or original components with minor updates, rather than a recent modern update. The living areas have hardwood floors, and the bedroom is carpeted, appearing well-maintained but not new. No images of the bathroom were provided, which limits a full assessment, but the kitchen alone indicates a need for minor updates to meet current aesthetic standards. The property is maintained and livable, but not move-in ready for a buyer seeking contemporary finishes.
Pros & Cons

Pros

Exceptional Location: Situated in the coveted Toluca Lake area, the property offers unparalleled walkability to Toluca Lake Village, Lakeside Golf Club, and major entertainment studios including Warner Bros., Disney, and Universal, making it highly attractive to industry professionals and those seeking a vibrant lifestyle.
HOA Financial Health & Recent Upgrades: A healthy homeowners' association has recently completed significant building improvements, including a new roof, upgraded pool decks, and a new security system, indicating proactive management and reducing immediate capital expenditure concerns for buyers.
Desirable Interior Features: The unit boasts gleaming hardwood floors, an open floor plan, and a functional 'cook's kitchen,' providing a modern and inviting living space.
Ample Storage: The property offers multiple closets and abundant storage space, a significant advantage for a one-bedroom unit, enhancing its practicality and livability.
Scenic Views: A private balcony provides a pleasant view of the Cahuenga hills, adding aesthetic value and an enjoyable outdoor retreat.

Cons

High HOA Dues: The monthly association fee of $615.00 is substantial for a one-bedroom, 760 sqft unit, which could impact affordability and overall monthly housing costs for potential buyers.
Building Age: Built in 1964, the building is over 60 years old. While common area improvements are noted, potential buyers may have concerns regarding the age and condition of internal systems (e.g., plumbing, electrical, HVAC) within the unit itself, which are not specified as upgraded.
Limited Size and Bedroom Count: As a one-bedroom, one-bath unit with 760 sqft, its appeal is inherently limited to singles, couples, or investors, potentially excluding a broader market of buyers requiring more living space or additional bedrooms.

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