1023 E Elmwood Avenue, Burbank, CA 91501

• 2 beds |
• 1 bath |
• 1,027 sqft

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.

Listing Status:

Active

Date Added:

January 24, 2026

Data Last Updated:

February 7, 2026 at 8:17PM

Listing Office:

Berkshire Hathaway HomeServices Crest Real Estate : (818) 790-3300

Listing Agent:

Marianna Manukyan : (818) 983-7571

MLS ID:

P1-25581

Interior

• Appliances: DishwasherGas RangeMicrowaveRefrigerator
• Laundry: Gas Dryer HookupInsideIn Kitchen
• A/C: Central Air
• Heating: Central
• Fireplace: Gas StarterLiving RoomFireplace

Exterior

• General: None
• Other Structures: Porch
• Pool: None
• Parking: DrivewayParking spaces: 0

Construction

• General: 1

Location

• Originating MLS: CRMLS_CRF
• County: Los Angeles

Lot

• Zoning: 5620003013
• View: Mountain(s)View
• Fencing: BlockWire

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: CRMLS_CRF