1023 E Elmwood AV
Burbank, CA, 91501
$1,375,000
2 Beds
1 Baths
1,027 SqFt
0.22 Acres
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MLS #P1-25581 image #0
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 Details

Price:
$1,375,000
MLS #:
P1-25581
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
Jan 24, 2026
Finished Sq Ft:
1,027
Lot Size:
9,445 sqft / 0.22 acres (approx)
Year Built:
1936
Mountain(s)

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Schools

Interior

Appliances
DW, MW, RF, GR
Bathrooms
1 Full Bathroom
Cooling
CA
Heating
CF
Laundry Features
GAS, IK, IN

Exterior

Community Features
CRB, BIKI

Financial

Map

Community

Market Summary

Current real estate data for Single Family in Burbank as of Feb 24, 2026
192
Single Family Listed
67
Avg DOM
442
Avg $ / SqFt
$950,799
Avg List Price

Property Summary

    1023 E Elmwood AV Burbank CA is a Single Family for sale in Burbank, CA, 91501. It is listed for $1,375,000 and features 2 beds, 1 baths, and has approximately 1,027 square feet of living space, and was originally constructed in 1936. The current price per square foot is $1,339. The average price per square foot for Single Family listings in Burbank is $442. The average listing price for Single Family in Burbank is $950,799.

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1023 E Elmwood AV
Burbank, CA