1023 E Elmwood Avenue, Burbank, CA 91501

$1,455,000
2
BD
1
BA
1,027
SqFt

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Sold Price
$1,455,000
List Price
$1,375,000
Closing Date
Jun 02, 2026
Status
CLOSED
MLS#
P1-25581
Year Built
1936
Bedrooms
2
Bathrooms
1
Living Sq. Ft
1,027
Lot Size
9,445
Acres
0.22
Lot Location
Sprinklers None
Days on Market
71
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
One Level

Property Description

An extraordinary opportunity begins with the land. Set on a rare and expansive 9,445 sq. ft. completely flat and fully usable lot in the coveted Burbank Hills, this property is a rare find in such a stunning location, offering exceptional space, privacy, and endless potential.The existing 2-bedroom, 1-bathroom home features a functional floor plan, a spacious living room, and good sized bedrooms, providing a comfortable foundation to enjoy now or enhance over time. However, the true value lies in the possibilities: this is an ideal canvas for those ready to put their vision into action and create a multi-story, custom dream home that fully capitalizes on the generous lot size and prime hillside setting.The property also includes a detached recreational structure, offering endless flexibility for a guest retreat, studio, gym, office space or a great opportunity to build an Accessory Dwelling Unit (ADU) - an additional source of rental income.Situated in a great neighborhood and surrounded by a peaceful, picturesque atmosphere, the property feels far away from the city's busy streets, yet remains just minutes from Burbank's finest restaurants, cafes, movie theaters, bars, shopping, malls, and top-rated schools.This is more than a home; it is a rare land opportunity, a blank canvas, with a chance to build something truly remarkable, or a lifestyle with a potential rental income in one of Burbank's most desirable neighborhoods.

Additional Information

Appliances
Dishwasher, Gas Range, Microwave, Refrigerator
Pool Description
None
Fireplace Description
Gas Starter, Living Room
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
Mountain(s)
Patio
Porch
Sewer
Public Sewer
Water
Public
Attached Structure
Detached

Listing courtesy of Listing Agent: Marianna Manukyan (mariannarealtor@gmail.com) from Listing Office: Coldwell Banker Hallmark Realty.

Listing sold by Arno Akhverdyan from Coldwell Banker Hallmark

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.