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351 West Elm Avenue, Burbank, CA 91506

$1.15M2bd · 1ba · 1,081 sqft
Lot 6,208 sqft•Single Family Residence•
Active
•33d on market•MLS# BB-26211950

Property Description

Welcome to your own slice of paradise in Burbank’s highly sought-after Rancho District! Nestled in one of the city’s most charming neighborhoods, where horses are a familiar sight along the tree-lined streets, this enchanting 1940s home beautifully blends timeless character with modern comfort. **Offering approximately 1,446 square feet of livable space**, the home provides a comfortable and versatile floor plan designed for today’s lifestyle. The main residence features two bedrooms plus a versatile den that can easily serve as a third bedroom, home office, or flex space. A welcoming formal living room with fireplace creates a warm gathering place, while the beautifully remodeled kitchen features new cabinetry, granite countertops, and updated stainless steel appliances. Thoughtful upgrades include newer HVAC with a NEST thermostat, Ring security system, reverse osmosis system for drinking water and ice, new flooring throughout, recessed lighting, fresh interior paint, and a beautifully updated bathroom. Adding exceptional versatility is a separate rear structure complete with its own bathroom and kitchenette. This flexible space is ideal for a home office, creative studio, or other bonus use. A shared laundry area adds convenience. Step outside and discover a private garden oasis filled with colorful hibiscus, fragrant jasmine, and mature avocado, orange, and lime trees—an inviting setting for relaxing, entertaining, and enjoying Southern California’s indoor-outdoor lifestyle. Filled with warmth, charm, and possibilities, this special property offers a wonderful opportunity to experience the unique lifestyle of Burbank’s beloved Rancho District. Welcome home!

Features & Amenities

FeeBuilt 1940

Property Details

Land Type
Fee
Year Built
1940
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
0
Heating
Central, High Efficiency
Cooling
Central Air, High Efficiency
View
City Lights
Roof
Composition
City
Burbank
Zip Code
91506
County
Los Angeles
Listed byEquity Union, Becky Richards

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,809.97
Principal & Interest
Loan Amount
$919,200
Total Interest
$1,172,389
Total Payment Over 30 Years
$2,091,589
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

351 West Elm Avenue, Burbank, CA 91506

Burbank · Single Family Residence

$1.15M
Affordable Tier
Beds
2
Baths
1
Sqft
1,081
Lot
6,208 sqft
Year
1940
$/Sqft
$1063
Pool: No✓
Spa: No✓
View: city✓

Listed in line with the median closed sale of $1,125,000. Price per sqft ($1,063) is a 35% premium to closed comps ($788). Closed comps sold at 105% of list — strong seller's market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $1.15M· $1,063/sqft
Total list price
Closed comps
vs closed median $1.13M
+$24K (+2.1%)
Active comps
vs active median $1.20M
−$50K (−4.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $813
+$250 (+30.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1406 Fairfield StreetGlendale1937211,3135,612$952$1.25M2880
1416 Fairfield StreetGlendale1940321,3855,579$830$1.15M6874
1412 Lake StreetGlendale1964321,2744,114$903$1.15M4669
541 DavisGlendale1937321,6735,088$717$1.20M8667
611 Griffith ParkBurbank1938331,9256,291$662$1.27M1863
Total: 5 · Average2.82.01,5145,336.8$812.8$1.20M49.2
Median1,385$1.20M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
449 Elm AvenueBurbank193808/18/2026211,0287,000$899,000$1.02M$9921.1411986
347 Spazier AvenueBurbank194109/29/2026221,4407,694$1.29M$1.24M$8610.966381
207 Ash AvenueBurbank193701/21/2026211,2187,050$899,998$980,000$8051.093380
1207 ChavezBurbank193108/12/2026331,5876,224$1.13M$1.13M$7091.003670
423 Raymond AvenueGlendale193506/04/2026532,1898,805$1.15M$1.25M$5711.094349
Total: 5 · Average2.82.01,492.47,354.6$1.12M$1.12M$787.6—58.8
Median1,440$1.13M$1.13M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.