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435 S Mariposa Street, Burbank, California 91506, Burbank, 91506 - 2 bed, 2 bath

435 S Mariposa Street, Burbank, California 91506 home-pic-0
ACTIVE UNDER CONTRACT$1,299,999
435 S Mariposa Street, Burbank, California 91506
2Beds
2Baths
1,663Sqft
6,587Lot
Year Built
1940
Close
-
List price
$1.3M
Original List price
$1.35M
Price/Sqft
$782
HOA
-
Days on market
-
Sold On
-
MLS number
CV25050400
Home ConditionPoor
Features
Patio
ViewCity Lights,Neighborhood

About this home

Possibly Over-Priced:The estimated price is 22% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.30M(44th), sqft - 1663(54th), beds - 2(21th), baths - 2(50th).

Location, location, location! Situated in one of Burbank’s most sought-after neighborhoods, this home at 435 S Mariposa St. offers unbeatable convenience and accessibility. Nestled in a charming suburban setting directly across from Dolores Huerta Middle School, this property provides the perfect balance of residential comfort and urban connectivity. Enjoy being just minutes from The Americana at Brand and Glendale Galleria, two of the most popular shopping and entertainment destinations in Los Angeles. With easy access to the 5 Freeway, commuting is seamless, whether you’re heading to Downtown LA or exploring nearby areas. For entertainment professionals, this home is ideally located near Warner Bros. Studios, Disney Studios, and Universal Studios, making it a prime choice for those in the industry. Outdoor enthusiasts will love the proximity to Griffith Park, with its scenic hiking trails, the Los Angeles Zoo, and iconic landmarks like the Griffith Observatory. Travelers will appreciate the short drive to Hollywood Burbank Airport, ensuring quick and easy flights without the hassle of LAX. This home offers unmatched convenience in a prime Burbank location—don’t miss your chance to live in the heart of it all! Home will be sold as is.

Condition Rating
Poor
Built in 1940, this property is being sold 'as-is,' which, combined with its age, strongly suggests significant deferred maintenance. The kitchen features very dated dark wood cabinets, a green tiled backsplash, and older-style floor tiles, requiring a full renovation. The bathroom also shows very dated beige/pinkish tiles, an older tub, and vanities, indicating a need for substantial rehabilitation. While the living areas have hardwood floors, the critical kitchen and bathroom areas are severely outdated and would necessitate considerable investment to meet modern standards, aligning with the 'poor' condition criteria for substantial repairs and rehabilitation.
Pros & Cons

Pros

Prime Burbank Location: Situated in one of Burbank’s most sought-after neighborhoods, offering exceptional convenience and accessibility to urban amenities.
Entertainment Industry Proximity: Ideally located for entertainment professionals, being minutes away from major studios including Warner Bros., Disney, and Universal.
Excellent Accessibility & Amenities: Provides easy access to the 5 Freeway, major shopping centers like The Americana at Brand and Glendale Galleria, and Hollywood Burbank Airport.
Outdoor & Recreational Access: Proximity to Griffith Park, offering scenic hiking trails, the Los Angeles Zoo, and iconic landmarks like the Griffith Observatory.
Desirable School District: Located within the highly-rated Burbank Unified School District, a significant draw for families.

Cons

As-Is Condition: The property is explicitly sold 'as-is,' indicating potential for significant required repairs, upgrades, and associated costs for the buyer.
Potential Overpricing: The listing price is substantially higher (22% above) the estimated property value, suggesting it may be overpriced relative to market comparables and its current condition.
Age of Property & Unknown Updates: Built in 1940, the home's age implies potential for outdated systems and deferred maintenance, especially given the 'as-is' sale and lack of mentioned recent major renovations.

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