1023 E Elmwood Ave, Burbank, CA 91501 | For Sale

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For Sale $1,375,000 ($1,338.85 per Sq Ft)

$1,375,000 ($1,338.85 per Sq Ft)
  • (0)
  • 2 Bedrooms
  • 1 Bathrooms
  • 1,027 Sq Ft
  • 9,445 Sq Ft

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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $1,375,000
Property Type Single Family Homes
Usable Sqft 1,027
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1936
Last Sold Unknown
Sold Price Unknown
APN # 5620003013
MLS # P125581
Property ID 292819295
Lot Sqft 9,445
Zoning Unknown
Days on Market 18
Original List Price $1,375,000
Applicances Dishwasher,Gas Range,Microwave,Refrigerator%
Date Updated February 08, 2026
Date Created January 23, 2026
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Listing Provided By

Marianna Manukyan an agent of . Lic #01960236


© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 08, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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