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921 La Rambla Drive, Burbank, California 91501, Burbank, 91501 - 4 bed, 4 bath

921 La Rambla Drive, Burbank, California 91501 home-pic-0
ACTIVE UNDER CONTRACT$1,999,000
921 La Rambla Drive, Burbank, California 91501
4Beds
4Baths
2,916Sqft
17,143Lot
Year Built
1962
Close
-
List price
$2M
Original List price
$2.2M
Price/Sqft
$686
HOA
-
Days on market
-
Sold On
-
MLS number
P1-20648
Home ConditionGood
Features
Excellent View: City Lights, Mountain(s), Ocean, Panoramic, Valley
Deck
Pool
ViewCity Lights,Mountain(s),Ocean,Panoramic,Valley

About this home

Possibly Over-Priced:The estimated price is 21% below the list price. We found 3 Cons,6 Pros. Rank: price - $2.00M(81th), sqft - 2916(77th), beds - 4(65th), baths - 4(71th).

Spectacular Burbank Home with Views!Welcome to 921 La Rambla Drive 4-bedroom, 3-bathroom residence that perfectly blends luxury with comfort, offering an impressive 2,916 sq ft of living space. Nestled on an expansive 17,143 sq ft lot, this property boasts breathtaking 300-degree views that sweep across the valley all the way to the ocean, promising to leave you in awe every day.Step outside into your private oasis, where a sparkling pool awaits, surrounded by elegant landscaping that invites you to bask in the sun. The pool area is an entertainer's dream, featuring a spacious deck ideal for sunbathing, hosting lively poolside barbecues, or simply enjoying quiet moments with family and friends. The soothing ambiance of the surrounding greenery and picturesque views ensures that every sunrise and sunset feels like a personal vacation getaway.Families will love the convenience of being close to highly-rated schools, as well as a variety of shopping and dining options. You'll also find recreational activities nearby, including golf courses and parks, making this home perfect for those who appreciate an active lifestyle.With a competitive price of $1,999,000 this beautifully designed home offers an incredible opportunity to own a slice of paradise in Burbank. Don't miss out on the chance to make this dream home yours--schedule your private tour today!

Condition Rating
Good
Built in 1962, this property has undergone significant updates, particularly in the kitchen and bathrooms. The kitchen features stainless steel appliances, white cabinetry, and stone countertops, appearing to have been renovated within the last 10-15 years. Bathrooms also show modern vanities, updated tiling (e.g., subway tile, large format tile), and contemporary fixtures, likely updated within the last 5-15 years. While not a brand-new build or a full, recent, high-end renovation, the property is move-in ready with well-maintained systems and updated key areas, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17143, living area = 2916.
Exceptional Panoramic Views: The property boasts breathtaking 300-degree views that sweep across the valley all the way to the ocean, offering a significant aesthetic and value advantage.
Expansive Lot Size: Nestled on an expansive 17,143 sq ft lot, this property provides ample outdoor space, privacy, and potential for further landscaping or development.
Private Pool and Entertainment Area: A sparkling pool surrounded by elegant landscaping and a spacious deck creates a private oasis, ideal for relaxation and hosting gatherings.
Generous Living Space: With an impressive 2,916 sq ft of living space, including 4 bedrooms and 3 bathrooms, the home offers comfortable and spacious living for families.
Prime Location with Amenities: The home is conveniently located close to highly-rated schools, a variety of shopping and dining options, and recreational activities like golf courses and parks.

Cons

Significant Price Discrepancy with Estimation: The current list price of $1,999,000 is substantially higher than the property's estimated value of $1,571,170, potentially indicating an overvaluation or a challenging market position.
Age and Potential for Outdated Interiors: Built in 1962, the description lacks specific mentions of recent interior renovations or modern updates, which could suggest an older aesthetic or the need for significant buyer investment to modernize.
Previous Price Reduction: The property's original list price was $2,199,000, indicating a $200,000 price drop. This could signal difficulty in attracting buyers at the initial price point or suggest market resistance.

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