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500 N Lamer Street, Burbank, California 91506, Burbank, 91506 - 4 bed, 4 bath

500 N Lamer Street, Burbank, California 91506 home-pic-0
ACTIVE$1,599,000
500 N Lamer Street, Burbank, California 91506
4Beds
4Baths
1,964Sqft
6,499Lot
Year Built
1938
Close
-
List price
$1.6M
Original List price
$1.7M
Price/Sqft
$814
HOA
-
Days on market
-
Sold On
-
MLS number
25580921
Home ConditionExcellent
Features
Good View: Mountain(s)
Deck
ViewMountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $1.60M(74th), sqft - 1964(69th), beds - 4(72th), baths - 4(84th).

Fantastic home in prime Magnolia Park! Updated throughout, this home has several notable features. Enter into your functional kitchen and dining room area. Make your way to the comfortable living room, with sliding doors leading to a generously sized deck and backyard. A rare "secret door" in the living room leads to the perfect home office. A potential bedroom/office/media room, along with a guest bedroom & laundry room, wrap up the downstairs of this amazing home. The primary upstairs bedroom has a walk-in closet and spa-like bathroom. This home features a backyard studio, perfect for a home gym and an additional storage room. Additional features include a top-of-the-line EV charger and a backyard with fruit and avocado trees.

Price History

Date
Event
Price
10/09/25
Price Change
$1,599,000-5.9%
09/03/25
Listing
$1,699,000
Condition Rating
Excellent
Despite being built in 1938, the property has been extensively and recently updated throughout, as stated in the description and clearly visible in the images. The kitchen features modern white shaker cabinets, stainless steel appliances, dark countertops, a contemporary mosaic tile backsplash, and recessed lighting. The visible bathroom is also fully updated with modern fixtures and stylish floor tiling. All visible components, including flooring and lighting, appear new or virtually new, indicating a high-quality renovation with no deferred maintenance.
Pros & Cons

Pros

Prime Magnolia Park Location: Situated in the highly desirable Magnolia Park area of Burbank, offering strong community appeal and potential for appreciation.
Comprehensive Modern Updates: The home has been 'updated throughout,' ensuring contemporary living standards and reducing immediate maintenance concerns for new owners.
Exceptional Versatility & Functionality: Features a unique 'secret door' home office, a flexible downstairs room (bedroom/office/media), and a dedicated backyard studio for gym/storage, catering to diverse lifestyle needs.
Enhanced Outdoor Living & Amenities: Boasts a generously sized deck, a lush backyard with fruit/avocado trees, and a top-of-the-line EV charger, promoting an enjoyable and sustainable lifestyle.
Luxurious Primary Suite & Guest Accommodations: The primary bedroom offers a walk-in closet and spa-like bathroom, complemented by a convenient downstairs guest bedroom and laundry room.

Cons

Recent Price Reduction: A $100,000 price drop from the original listing price may indicate initial overpricing or a slower market response, potentially affecting buyer perception.
Absence of Explicit Central Air Conditioning: Despite being 'updated throughout,' the description does not explicitly mention a central cooling system, which could be a significant comfort concern for buyers in Burbank's climate.
Age of Original Structure: While updated, the 1938 build year could imply potential for underlying infrastructure issues (e.g., plumbing, electrical beyond visible updates) that may not be immediately apparent.

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