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!
Sold for $1,591,000
Street View
$1,591,000
1040 Sherlock Dr, Burbank, CA 91501
3beds
1,554sqft
Residential, Single Family Residence
Built in 1950
0.54 Acres Lot
$1,573,100 Zestimate®
$1,024/sqft
$5,497 Estimated rent
Home value
$1,573,100
$1.42M - $1.75M
$5,497/mo
Zestimate® history
Owner options
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$5,497/mo
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$5,497/mo
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$10,031/mo
Est. payment
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$10,031/mo
Est. payment
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List your homeWhat's special
Breathtaking jetliner viewsCentral air and heat
Zillow last checked:
Listing updated:
Listed by:
Michael Mersola DRE # 01503186 818-631-5636,
Keller Williams Realty Los Feliz 323-300-1000
Bought with:
Mark Reavis, DRE # 01197741
Reavis Realty
Source: CLAW,MLS#: 25510763
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Basement, Dining Area, Other, Wine Cellar, Den
Bedroom
- Level: Main,Upper
Kitchen
- Features: Kitchen Island
Heating
- Forced Air
Cooling
- Central Air, Air Conditioning
Appliances
- Included: Free Standing Gas, Microwave, Disposal, Washer, Dryer, Range/Oven, Gas Water Heater, Water Heater Unit
- Laundry: In Garage, Gas Dryer Hookup, Gas Or Electric Dryer Hookup
Features
- Basement, Eat-in Kitchen, Dining Area, Kitchen Island
- Flooring: Mixed, Vinyl
- Has basement: Yes
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,554
- Total interior livable area: 1,554 sqft
Property
Parking
- Total spaces: 4
- Parking features: Above Street Level, Driveway, Garage - 1 Car, Direct Access, Concrete
- Garage spaces: 1
- Uncovered spaces: 3
Accessibility
- Accessibility features: None
Features
- Levels: One
- Entry location: Living Room
- Patio & porch: Porch, Patio
- Pool features: None
- Spa features: None
- Fencing: Chain Link
- Has view: Yes
- View description: City Lights, Valley, Tree Top, Mountain(s), City
- Waterfront features: None
Lot
- Size: 0.54 Acres
- Features: Landscaped, Front Yard, Back Yard, Hillside
Details
- Additional structures: None
- Parcel number: 5618016022
- Zoning: BUR1YY
- Special conditions: Standard
- Other equipment: Cable
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Stucco
- Foundation: Raised
- Roof: Shingle
Condition
- Fixer,Repair Cosmetic
- Year built: 1950
Utilities & green energy
- Sewer: In Street
- Water: District, Meter on Property
- Utilities for property: Cable Available
Green energy
- Energy generation: Solar
Community & HOA
Community
- Security: None
HOA
- Has HOA: No
Location
- Region: Burbank
Financial & listing details
- Price per square foot: $1,024/sqft
- Tax assessed value: $332,342
- Annual tax amount: $4,015
- Date on market: 3/16/2025
Price history
| Date | Event | Price |
|---|---|---|
| 5/5/2025 | Sold | $1,591,000-0.3%$1,024/sqft |
Source:  CLAW #25510763 Report a problem | ||
| 4/23/2025 | Pending sale | $1,595,000$1,026/sqft |
Source: CLAW #25510763 Report a problem | ||
| 3/21/2025 | Contingent | $1,595,000$1,026/sqft |
Source: CLAW #25510763 Report a problem | ||
| 3/16/2025 | Listed for sale | $1,595,000+33%$1,026/sqft |
Source: CLAW #25510763 Report a problem | ||
| 12/19/2018 | Listing removed | $1,199,000$772/sqft |
Source: Bee Investment, Inc. #18377102 Report a problem | ||
| 8/17/2018 | Price change | $1,199,000-0.1%$772/sqft |
Source: Bee Investment, Inc. #18377102 Report a problem | ||
| 7/23/2018 | Listed for sale | $1,199,900$772/sqft |
Source: Bee Investment, Inc. #18367870 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,015 +3% | $332,342 +2% |
| 2024 | $3,897 +1% | $325,827 +2% |
| 2023 | $3,858 +4.6% | $319,439 +2% |
| 2022 | $3,689 +0.6% | $313,177 +2% |
| 2021 | $3,669 +1.1% | $307,038 +1% |
| 2020 | $3,629 | $303,891 +2% |
| 2019 | $3,629 +6.5% | $297,933 +2% |
| 2018 | $3,407 | $292,092 +2% |
| 2017 | $3,407 +2.1% | $286,366 +2% |
| 2016 | $3,337 +3.4% | $280,752 +1.5% |
| 2015 | $3,226 +1.7% | $276,536 +2% |
| 2014 | $3,171 | $271,120 +2.5% |
| 2012 | -- | $264,605 +2% |
| 2011 | -- | $259,418 +0.8% |
| 2010 | -- | $257,480 -0.2% |
| 2009 | -- | $258,092 +2% |
| 2008 | -- | $253,032 +2% |
| 2007 | -- | $248,071 +2% |
| 2006 | -- | $243,208 |
| 2005 | -- | $243,208 +4% |
| 2004 | -- | $233,766 +1.9% |
| 2003 | -- | $229,483 +2% |
| 2002 | -- | $224,984 +4% |
| 2000 | -- | $216,249 |
Find assessor info on the county website
Neighborhood: 91501
Nearby homes
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Nearby schools
GreatSchools rating
- 9/10Joaquin Miller Elementary SchoolGrades: K-5Distance: 0.8 mi
- 9/10John Muir Middle SchoolGrades: 6-8Distance: 1.7 mi
- 8/10Burbank High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- District: Burbank Unified
Source: CLAW. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,573,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,573,100
- California
- Los Angeles County
- Burbank
- 91501
- 1040 Sherlock Dr
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