1023 E Elmwood Avenue, Burbank, CA 91501 (MLS # P1-25581)

Price $1,375,000
Status Active
Beds 2
Baths 1 Bath
Home size 1,027 sqft
Lot Size 9,444 sqft
Days on Market 39
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.
Property Type(s): Single Family
Last Updated 1/24/2026 Year Built 1936
County Los Angeles

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Gas Range, Microwave, Refrigerator
FIREPLACE Yes
HEAT Central
LOT 9444 sq ft
LOT DIMENSIONS 9445
PARKING Driveway
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
VIEW Yes
VIEW DESCRIPTION Mountain(s)
WATER Public

Location

 

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Listed with Berkshire Hathaway HomeServices Crest Real Estate

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