Homes for sale - 501 S Lake ST, Burbank, CA 91502

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Tim Alford & Faye Bon

homes@alfordbon.com +1(408) 832-7698

Listed by Christina Pambakian • Equity Union

$ 858,000

Est. payment | -/mo

2 Beds

1 Bath

1,146 SqFt

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$ 858,000

Est. payment | -/mo

Save Virtual Tour

2 Beds

1 Bath

1,146 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,146 sqft

Price per Sqft $748

MLS Listing ID CRSR25081751

Style Bungalow

Bedrooms 2

Full Baths 1

Originating Board California Regional MLS

Year Built 1945

Lot Size 6,840 Sqft

Property Sub-Type Single Family Home

Property Description

Opportunity knocks with this rare find in one of Burbanks's most desirable and centrally located neighborhoods. This single-story fixer sits on an expansive corner lot, offering incredible potential for customization, and long-term value. Whether you're an investor, developer, or savvy homebuyer looking to create your dream home, this property presents an exciting canvas for transformation. Situated on a generous parcel with alley access and ingress/egress from three sides, this home also features a detached garage, making it a prime candidate for an ADU and/or Junior ADU addition (City of Burbank zoning shows R3 -- buyer to verify). It also offers a roomy basement for convenient storage. The layout and lot orientation provide maximum flexibility for improvement and expansion while maintaining privacy and curb appeal. Located just minutes from downtown Burbank, Magnolia Park, Warner Bros. Studios, and Disney, this property offers unparalleled access to major entertainment hubs, shopping, restaurants, and top-rated Burbank Unified schools. Commuters will also appreciate the proximity to the 5 Freeway and the Burbank Airport. This is your chance to invest in a neighborhood that continues to thrive-whether you renovate the existing structure, build new, or add income-producing eleme

Location

State CA

County Los Angeles

Area 610 - Burbank

Rooms

Family Room Other

Dining Room Formal Dining Room

Kitchen Other, Oven Range - Gas, Oven - Gas

Interior

Heating Floor Furnace

Cooling Window / Wall Unit

Flooring Laminate

Fireplaces Type Family Room

Laundry In Garage

Exterior

Parking Features Garage, Other

Garage Spaces 2.0

Fence None

Pool 31, None

View None

Building

Lot Description Grade - Level

Story One Story

Foundation Raised

Water District - Public

Architectural Style Bungalow

Others

Tax ID 2451021001

Special Listing Condition Court Confirmation May Be Required

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Tim Alford & Faye Bon

REALTOR® | Lic# 01507448 | 01746037

homes@alfordbon.com

+1(408) 832-7698

518 N Santa Cruz Ave, Los Gatos, CA, 95030, USA

501 S Lake ST Burbank, CA 91502

Tim Alford & Faye Bon

Key Details

Location

Rooms

Interior

Exterior

Building

Others

501 S Lake ST