501 Lake st, Burbank, CA 91502
| Property type: | Single Family Residence |
| MLS #: | SR25081751MR |
| Year Built: | 1945 |
| Days On Market: | 247 |
| Listing Date: | April 3, 2025 |
| County: | Los Angeles |
Property Details / Mortgage Calculator / Community Information / Architecture / Features & Amenities / Rooms / Property Features
Property Details
Opportunity knocks with this rare find in one of Burbanks s most desirable and centrally located neighborhoods. This single-story charmer 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 elements, the possibilities are vast. Don't miss out on this golden opportunity to unlock the full potential of this prime Burbank property!Interested in this Listing?
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Mortgage Calculator
PURCHASE & FINANCING INFORMATION |
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Community Information
| Address: | 501 Lake st, Burbank, CA 91502 |
| Area: | Burbank |
| County: | Los Angeles |
| City: | Burbank |
| Zip Code: | 91502 |
Architecture
| Bedrooms: | 2 |
| Bathroom: | 1 |
| Year Built: | 1945 |
| Stories: | 1 |
| Style: | Bungalow |
Garage / Parking
| Parking Garage: | Driveway, Garage |
Community / Development
| Community Features: | Curbs, Sidewalks |
Features / Amenities
| Appliances: | Oven-Gas, Range |
| Laundry: | Garage |
| Pool: | None |
| Spa: | None |
| Private Pool: | No |
| Private Spa: | Yes |
| Common Walls: | Detached/No Common Walls |
| Cooling: | Wall/Window Unit(s) |
| Heating: | Floor Furnace |
Property Features
| Lot Size: | 6,840 sq.ft. |
| View: | None |
| Directions: | From 134 Freeway eastbound, exit Bob Hope, left on Bob Hope, right on Alameda, left on Lake. |
Tax and Financial Info
| Buyer Financing: | Cash |
Detailed Map
Pending
$ 858,000
2 Beds
1 Full
1,146 Sq.Ft
Lot: 6,840 Sq.Ft
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