Keller Williams Hollywood Hills - Josana Joseph
1/16
Listing Courtesy Of: Keller Williams Realty Los Feliz, 323-300-1000, Michael Mersola
Local Realty Services Provided By: Keller Williams Realty Burbank
Overview
What It'll Cost
Neighborhood
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$1,595,000
1040 Sherlock Dr, Burbank, CA 91501
3 Beds
2 Baths
1,554 sq ft
.54 ac
Price Drop: $54,000 (5 days ago)
$1,595,000
$1,649,000

1040 Sherlock Dr, Burbank, CA 91501

Estimation provided by Keller Williams Realty Inc.
3 Beds
2 Baths
1,554 sq ft
.54 ac
Active Under Contract
For Sale

Property Description

Welcome to 1040 Sherlock Drive, where a rare opportunity awaits to own one of the best lots and development prospects in Burbank or Glendale. Set against the tranquil backdrop of the Verdugo Mountains, this charming 50's ranch-style home is ideal for anyone seeking a cosmetic fixer-upper or for a seasoned developer ready to transform this property into something truly extraordinary for the market.Here are some key details about the home: it features 3 bedrooms and 2 bathrooms across 1554 sqft. The property is equipped with central air and heat, along with mini splits in each room for personalized comfort. Additionally, the owner has installed solar panels, which are fully paid for, ensuring the next homeowner enjoys reduced utility costs this summer. The kitchen has seen recent updates, while the bathrooms could use some modernization; otherwise, the home is move-in ready.The potential of this property is remarkable, especially with the possibility of developing a 24,000 sqft lot that boasts breathtaking jetliner views. This is a unique chance to own one of Burbank's premier properties, located above Sunset Canyon and Mountain Street in the beautiful Verdugo Foothills. The neighborhood is iconic, serene, and picturesque, making it a wonderful opportunity to make this part of town your home. Truly, it's a gem!

Property Details

Compare This Home
Overview
Property Type
Single Family Residence
Property Size
1,554 sq ft
Year Built
1950
Days on Site
6 Days
HVAC
Cooling: Central, Air Conditioning, Heating: Forced Air
Parking
1 Parking Space
Josana J at Keller Williams Hollywood Hills
Keller Williams Hollywood Hills
DRE # 02222551

Activity History

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Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
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Purchase Price: $1,595,000
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Price & Tax History

Date
Event
Price
03/16/2025
Price Decrease
$1,595,000
(-3.27%)
03/15/2025
Listed
$1,649,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$3,858
(+4.57%)
$319,439
Land 223,418 + Additions 96,021
2022
$3,689
(+0.56%)
$307,038
Land 214,744 + Additions 92,294
2021
$3,669
(+4.02%)
$307,038
Land 214,744 + Additions 92,294
2019
$3,527
(+5.71%)
$303,891
Land 212,543 + Additions 91,348
2017
$3,337
$292,092
Land 204,291 + Additions 87,801
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Josana J at Keller Williams Hollywood Hills
Keller Williams Hollywood Hills
DRE # 02222551

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