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250 North 1st Street, 510, Burbank, CA 91502

$899K2bd · 3ba · 1,380 sqft
HOA $675/mo•Condominium•
Active
•57d on market•MLS# P1-28469

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

FeeBuilt 2007

Property Details

Land Type
Fee
Year Built
2007
Property Type
Residential
Property Subtype
Condominium
Garage Spaces
2
Heating
Central
Cooling
Central Air
City
Burbank
Zip Code
91502
County
Los Angeles
Listed byeXp Realty of Greater Los Angeles, Mais M Karibyan

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,545.83
Principal & Interest
Loan Amount
$719,200
Total Interest
$917,300
Total Payment Over 30 Years
$1,636,500
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

250 North 1st Street, 510, Burbank, CA 91502

Burbank · Condominium

$899K
Affordable Tier
Beds
2
Baths
3
Sqft
1,380
Lot
0 sqft
Year
2007
$/Sqft
$651
Pool: Yes✓
Spa: No✓
Garage: 2-car✓

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.

Premium
Subject listed at $899K· $651/sqft
Total list price
Closed comps
vs closed median $720K
+$179K (+24.9%)
Active comps
vs active median $719K
+$180K (+25.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $576
+$75 (+12.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
421 Santa AnitaBurbank2005331,3409,964$616$825,0006790
250 First StreetBurbank2007221,10084,242$654$719,000888
230 Bethany RoadBurbank1982231,30792,253$596$779,0002585
365 AlamedaBurbank1981221,25022,131$438$548,0004582
1902 VictoryBurbank1986231,08817,150$578$629,0003181
Total: 5 · Average2.22.61,21745,148$576.4$700,00035.2
Median1,250$719,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
715 AngelenoBurbank200510/06/2026331,4207,386$915,000$915,000$6441.001494
626 Orange Grove AvenueBurbank200509/16/2026331,20015,273$748,000$715,000$5960.9612790
557 Verdugo AvenueBurbank198008/18/2026231,22915,065$660,000$665,000$5411.016885
4231 Sarah StreetBurbank196508/19/2026231,5080$840,000$725,000$4810.8617384
456 San Jose AvenueBurbank198107/10/2026221,36520,390$725,000$720,000$5270.993784
Total: 5 · Average2.42.81,344.414,528.5$748,000$748,000$557.8—83.8
Median1,365$720,000$720,000

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.