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Sold for $1,580,000
  • Listing Provided by: Remax Optima
    Bought with: Compass
    $1,580,000

    1141 N Lima St, Burbank, CA 91505

    5beds
    2,099sqft
    Single Family Residence
    Built in 1938
    4,454 Square Feet Lot
    $1,580,200 Zestimate®
    $753/sqft
    $5,389 Estimated rent

    Home value

    $1,580,200

    $1.44M - $1.74M

    $5,389/mo

    Zestimate® history
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    $5,389/mo

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    $10,089/mo

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    $10,089/mo

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    What's special

    Welcome to an exceptional Magnolia Park residence where timeless charm meets modern luxury in one of Burbank’s most sought-after neighborhoods. Thoughtfully reimagined and beautifully remodeled, this Art Deco–inspired home offers a rare blend of elegance, versatility, and income potential—perfect for today’s dynamic lifestyle. Spanning approximately 2,099 square feet, this property features a stunning main residence complemented by a fully permitted, private ADU—creating an ideal setup for multigenerational living, guest accommodations, or additional rental income. Inside, this stunning main home welcomes you with sunlit interiors, rich hardwood flooring, and an effortless open-concept layout designed for both everyday comfort and elevated entertaining. The chef’s kitchen is a true centerpiece, showcasing sleek quartz countertops, stainless steel appliances, and a spacious breakfast bar that seamlessly connects to the dining and living areas. The primary suite offers a serene retreat, complete with a walk-in closet and a spa-inspired ensuite bath featuring designer finishes and a walk-in shower. Thoughtful details such as crown molding, archways, recessed lighting, and custom touches throughout create a sense of refined sophistication while maintaining warmth and livability. Step outside to beautifully designed outdoor spaces where French doors open to inviting patios, lush landscaping, and multiple areas for entertaining, relaxing, or enjoying Southern California’s year-round sunshine. The New detached ADU is equally impressive, offering its own private entrance, full kitchen, spacious living area, and modern finishes—an incredible opportunity for passive income or flexible living arrangements. Extensive upgrades—including all new copper plumbing, new sewer lines to city connection, new electrical systems, energy-efficient features, and EV charging—ensure peace of mind while delivering modern convenience. Located in the highly desirable Roosevelt Elementary district and moments from parks, shopping, dining, and the beloved Chandler Bike Path, this home perfectly balances neighborhood charm with urban accessibility. Whether you're looking to grow your family, invest wisely, or simply enjoy elevated everyday living, this is a rare opportunity to own a truly turnkey property in the heart of Magnolia Park.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Ara Bahadrian DRE #01358513 310-220-0060,

    Remax Optima

    Bought with:

    Kristin Neithercut, DRE #02003278

    Compass

    Source: CRMLS,MLS#: GD26085969MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Bathroom
    • Features: Bathroom Exhaust Fan, Bathtub, Low Flow Plumbing Fixtures, Quartz Counters, Remodeled, Walk-In Shower
    Kitchen
    • Features: Quartz Counters, Remodeled, Updated Kitchen
    Heating
    • Central, Electric, ENERGY STAR Qualified Equipment
    Cooling
    • Central Air
    Appliances
    • Included: ENERGY STAR Qualified Appliances, Electric Range, Disposal, Gas Range, High Efficiency Water Heater, Microwave, Refrigerator, Tankless Water Heater, Water To Refrigerator, Dryer, Washer
    • Laundry: Electric Dryer Hookup, Gas Dryer Hookup
    Features
    • Breakfast Bar, Crown Molding, Separate/Formal Dining Room, Eat-in Kitchen, Quartz Counters, Recessed Lighting, Attic
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,099 sqft

    Property

    Parking
    • Parking features: On Street
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 4,454 sqft
    • Features: 0-1 Unit/Acre, Corner Lot
    Details
    • Parcel number: 2477020001
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Roof: Shingle
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1938

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected
    Green energy
    • Energy efficient items: Appliances

    Community & neighborhood

    Community
    • Community features: Street Lights
    Location
    • Region: Burbank

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional

    Price history

    DateEventPrice
    6/20/2026Listing removed$5,000$2/sqft
    Source: CLAW #26848499 Report a problem
    6/18/2026Listed for rent$5,000$2/sqft
    Source: CLAW #26848499 Report a problem
    6/16/2026Sold$1,580,000-1.2%$753/sqft
    Source: CRMLS #GD26085969 Report a problem
    5/20/2026Contingent$1,599,999$762/sqft
    Source: CRMLS #GD26085969 Report a problem
    4/28/2026Listed for sale$1,599,999+77.8%$762/sqft
    Source: CRMLS #GD26085969 Report a problem
    8/12/2024Sold$900,000-1.1%$429/sqft
    Source: CRMLS #BB24064203 Report a problem
    7/31/2024Pending sale$910,000$434/sqft
    Source: CRMLS #BB24064203 Report a problem
    7/11/2024Contingent$910,000$434/sqft
    Source: CRMLS #BB24064203 Report a problem
    7/4/2024Price change$910,000-4.2%$434/sqft
    Source: CRMLS #BB24064203 Report a problem
    6/23/2024Price change$950,000-1.6%$453/sqft
    Source: CRMLS #BB24064203 Report a problem
    5/30/2024Price change$965,000-3.3%$460/sqft
    Source: CRMLS #BB24064203 Report a problem
    5/7/2024Listed for sale$998,000$475/sqft
    Source: CRMLS #BB24064203 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,209 +176.8%$900,000 +178%
    2024$3,689 +1.1%$323,769 +2%
    2023$3,649 +4.7%$317,421 +2%
    2022$3,485 +0.5%$311,198 +2%
    2021$3,467 +1.1%$305,097 +1%
    2020$3,427 $301,970 +2%
    2019$3,427 +6.1%$296,050 +2%
    2018$3,231 $290,246 +2%
    2017$3,231 +2.2%$284,556 +2%
    2016$3,161 +3.3%$278,977 +1.5%
    2015$3,059 +2.2%$274,787 +2%
    2014$2,994 $269,405 +2.5%
    2012-- $262,930 +2%
    2011-- $257,776 +0.8%
    2010-- $255,850 -0.2%
    2009-- $256,458 +2%
    2008-- $251,431 +2%
    2007-- $246,502 +2%
    2006-- $241,670
    2005-- $241,670 +4%
    2004-- $232,287 +1.9%
    2003-- $228,031 +2%
    2002-- $223,561 +4%
    2000-- $214,881

    Find assessor info on the county website

    Neighborhood: Magnolia Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,580,200
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    Estimated market value
    $1,580,200