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437 E Palm 308, Burbank, California 91501, Burbank, 91501 - 1 bed, 2 bath

437 E Palm 308, Burbank, California 91501 home-pic-0
ACTIVE$640,000
437 E Palm 308, Burbank, California 91501
1Bed
2Baths
900Sqft
22,835Lot
Year Built
1981
Close
-
List price
$640K
Original List price
$710K
Price/Sqft
$711
HOA
$469
Days on market
-
Sold On
-
MLS number
IV25225181
Home ConditionFair
Features
Deck
View

About this home

We found 3 Cons,5 Pros. Rank: price - $640.0K(21th), sqft - 900(21th), beds - 1(14th), baths - 2(50th).

PRICE IMPROVEMENT!!! Welcome to this bright and inviting 1-bedroom, 2-Bathroom top floor condominium offering approximately 900 sq ft of living space. Features include high vaulted ceilings, a cozy fireplace in the living area, and large windows with wooden shutters that provide abundant natural light. The home offers a private patio, in unit laundry conveniently located in the 2nd bathroom, and two assigned parking spaces side by side with 2 storage spots in a secured underground garage. Low HOA dues and a gated, well maintained community add to the property's appeal. Located in heart of Burbank, this residence combines comfort, security, and convenience in a desirable setting. Ideally situated just a few blocks from Downtown Burbank, you'll be within walking distance to a wide selection of restaurants, cafes, and shops. Enjoy nearby entertainment at AMC Theaters and shopping at the Burbank Town Center Mall. Excellent local schools include Miller Elementary, Luther Burbank and John Muir Middle Schools, and Burbank High or Burroughs High School - all just steps away. Experience the best of Burbank living- convenience, community, and comfort all in one!

Price History

Date
Event
Price
12/05/25
Price Change
$640,000-3.3%
11/18/25
Price Change
$662,000-4.3%
10/31/25
Price Change
$692,000-2.5%
09/24/25
Listing
$710,000
Condition Rating
Fair
Built in 1981, this condominium is well-maintained and appears move-in ready, but the kitchen and bathrooms show significant signs of being outdated. The kitchen features wood-tone cabinets, older black appliances (some appearing original or from an older renovation), and laminate-style countertops. Bathrooms have dated wood-tone vanities and standard fixtures. While clean and functional, the property's aesthetic and finishes suggest it has not undergone a major renovation in the last 15-20 years, aligning with the 'fair' category which indicates a need for minor cosmetic updates to meet current styles.
Pros & Cons

Pros

Prime Downtown Burbank Location: Unbeatable walkability to Downtown Burbank's vibrant array of restaurants, cafes, shops, entertainment venues, and highly-rated local schools.
Desirable Unit Features: Top-floor unit boasting high vaulted ceilings, abundant natural light from large windows with wooden shutters, a cozy fireplace, and a private patio.
Exceptional Parking & Storage: Includes two side-by-side assigned parking spaces and two dedicated storage spots within a secured underground garage, a significant advantage in an urban environment.
Convenient In-Unit Amenities: Features in-unit laundry and two full bathrooms, providing enhanced daily living convenience and functionality for a 1-bedroom unit.
Secure Community & Low HOA: Located within a gated, well-maintained community with reportedly low HOA dues, offering security, peace of mind, and cost-effectiveness.

Cons

Single Bedroom Configuration: As a 1-bedroom unit, it may limit the buyer pool, particularly for those requiring additional living space, a dedicated home office, or accommodating a growing family.
Building Age: Built in 1981, the building is over 40 years old, which could imply potential for future maintenance or less modern infrastructure compared to newer constructions.
Multiple Price Reductions: The property has undergone several price reductions, which might suggest it was initially overpriced or has been on the market for an extended period, potentially raising buyer concerns.

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