Skip To Content

1023 E Elmwood Avenue

Burbank, CA 91501
  • $1,375,000
  • STATUS: Active Under Contract
  • ON SITE: 107 Days
  • ID#: P1-25581
Under Contract
UPDATED: 23 min ago
$1,375,000
  • 2
    BEDS
  • 0.22
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,027
    SQFT
  • $1,339
    $/SQFT
Type:
Single-Family Home
Built:
1936
County:

School Ratings & Info

Listing Agent(s): Marianna Manukyan of Coldwell Banker Hallmark Realty ((818) 790-8300)


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.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-12T11:28:21.377. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Rusnell Real Estate Group | Vista Sotheby's. Licensed in the State of California, USA.
www.rusnellproperties.com/homes/172441218
Print Image

1023 E Elmwood Avenue Burbank, CA 91501

  • Price: $1,375,000
  • Status: Active Under Contract
  • On Site: 107 Days
  • Updated: 23 min ago
  • ID#: P1-25581
2
Beds
1
Baths
0
½ Baths
0.22
Acres
1,027
SQFT
$1,339
$/SQFT
1936
Built
County:
Los Angeles
Property 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.
Exterior Features

Fencing BlockWire Lot Features Sprinklers None Parking Features Driveway Parking Total 0 Patio And Porch Features Porch Pool Features None Pool Private YN No Property Attached YN No Sign On Property YN Yes Spa Features None Spa YN No View Mountain(s) View YN Yes

Interior Features

Appliances DishwasherGas RangeMicrowaveRefrigerator Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features Gas StarterLiving Room Fireplace YN Yes Heating Central Heating YN Yes

Property Features

Association YN No Common Interest None Community Features BikingCurbs Garage YN No Land Lease YN No Laundry Features Gas Dryer HookupInsideIn Kitchen Lease Considered YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to Existing LoanCash to New LoanConventional New Construction YN No Property Sub Type Single Family Residence Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type House Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-12T11:28:21.377. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Rusnell Real Estate Group | Vista Sotheby's. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_412576409-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_412576409-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_412576409-2.jpg
Logo
Rusnell Real Estate Group | Vista Sotheby's
16 Malaga Cove Plaza
Palos Verdes Estates CA, 90274
Listing Agent(s): Marianna Manukyan of Coldwell Banker Hallmark Realty ((818) 790-8300)