250 North 1st Street, 510, Burbank, CA 91502
250 North 1st Street, 510, Burbank, CA 91502
Property Description
Location location location! This exceptional top floor condo in excellent condition offers the ultimate in convenience and low-maintenance-living in a prime location hovering above Burbank's lively downtown promenade. Lightly used and meticulously maintained, this home has only had one owner and been seldom occupied since it was purchased in 2007 as a pied-a-terre. The unit offers open format living with a balcony, a half bath downstairs, two bedrooms and bathrooms upstairs, and ample storage including two large walk-in closets. The building is very well maintained and the HOA covers key services like gas, water, trash, Direct TV, earthquake insurance and window cleaning in addition to a pristine pool, well-equipped gym, billiards room and more. Two side-by-side parking spaces are included with an option to add extra storage, and pets are welcome! You'll love this move-in ready home that's quiet yet still offers vibrant people-watching opportunities and urban appeal. Don't miss this rare opportunity to own in one of the city's most sought-after areas. Whether you're looking for a personal residence or a smart investment, this property combines style, convenience, and location for the perfect urban lifestyle. Just five minutes from all the Burbank studios (Disney, WB, abc, Universal, etc); close to the 5 and 134 freeways; ten minutes from Hollywood; fifteen minutes to downtown LA.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Burbank · Condominium
Listed 24.9% above the median closed sale of $720,000. Price per sqft ($651) is a 17% premium to closed comps ($558).
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 421 Santa Anita | Burbank | 2005 | 3 | 3 | 1,340 | 9,964 | $616 | $825,000 | 67 | 90 |
| 250 First Street | Burbank | 2007 | 2 | 2 | 1,100 | 84,242 | $654 | $719,000 | 8 | 88 |
| 230 Bethany Road | Burbank | 1982 | 2 | 3 | 1,307 | 92,253 | $596 | $779,000 | 25 | 85 |
| 365 Alameda | Burbank | 1981 | 2 | 2 | 1,250 | 22,131 | $438 | $548,000 | 45 | 82 |
| 1902 Victory | Burbank | 1986 | 2 | 3 | 1,088 | 17,150 | $578 | $629,000 | 31 | 81 |
| Total: 5 · Average | 2.2 | 2.6 | 1,217 | 45,148 | $576.4 | $700,000 | 35.2 | |||
| Median | 1,250 | $719,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 715 Angeleno | Burbank | 2005 | 10/06/2026 | 3 | 3 | 1,420 | 7,386 | $915,000 | $915,000 | $644 | 1.00 | 14 | 94 |
| 626 Orange Grove Avenue | Burbank | 2005 | 09/16/2026 | 3 | 3 | 1,200 | 15,273 | $748,000 | $715,000 | $596 | 0.96 | 127 | 90 |
| 557 Verdugo Avenue | Burbank | 1980 | 08/18/2026 | 2 | 3 | 1,229 | 15,065 | $660,000 | $665,000 | $541 | 1.01 | 68 | 85 |
| 4231 Sarah Street | Burbank | 1965 | 08/19/2026 | 2 | 3 | 1,508 | 0 | $840,000 | $725,000 | $481 | 0.86 | 173 | 84 |
| 456 San Jose Avenue | Burbank | 1981 | 07/10/2026 | 2 | 2 | 1,365 | 20,390 | $725,000 | $720,000 | $527 | 0.99 | 37 | 84 |
| Total: 5 · Average | 2.4 | 2.8 | 1,344.4 | 14,528.5 | $748,000 | $748,000 | $557.8 | — | 83.8 | ||||
| Median | 1,365 | $720,000 | $720,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.