tomo logo

$1,799,999

Beds
4
Baths
3.0
sq ft
2,585

942 University Ave, Burbank, CA 91504

942 University Ave

Burbank, CA 91504

  • 1 day on market
    • Open house Apr 05
Located on a quiet, tree-lined street north of Kenneth Blvd, this classic 4-bedroom and 3-bathroom home blends style, comfort, and potential. Situated in the desirable Jefferson School District, the home features great curb appeal with a brick walkway leading to a thoughtfully designed interior. Inside, you'll find a welcoming atmosphere, with a formal living room and family room that both offer a cozy gas fireplace and French doors opening to the peaceful backyard. The updated galley kitchen provides plenty of counter space, and the adjacent laundry room adds convenience. A charming breakfast nook offers a perfect spot for meals, while the formal dining room, with its classic wainscoting, is ideal for gatherings. The spacious bedrooms feature hardwood floors, ample closet space, and large windows that bring in natural light. Upstairs, the fourth bedroom and large half bath are complemented by a sizable rumpus room with stunning views, offering endless possibilities—whether as a master suite, home office, or creative space. Outside, the private backyard is designed for entertaining, complete with a sparkling pool and large patio. Additional features include a 2-car detached garage with potential for an ADU conversion, copper plumbing, updated electrical, HVAC, and a fully landscaped front yard. Don't miss the opportunity to own this charming piece of Burbank!

Details

Property type

Single Family Residence

Est. home value

$1,717,608

Lot size

7,352 sq ft

Price per sq ft

$697

Year built

1951

HOA

No

Price History

04/01/2025
CRMLS

CRMLS #BB25070780

Listed
$1,799,999
+12.5%
07/29/2022
CRMLS

CRMLS #BB22141884

Sold
$1,600,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Sidewalks

High school district: 

Burbank Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$272,601
Asking price
$1,799,999
Closing costs (~8% of asking)
-$144,000
Est. remaining loan balance
-$1,383,398
Cash to seller
$272,601

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Hightechlending Inc

Loan start date

July 2022

Original loan amount

$1,440,000

Est. remaining balance

$1,383,398

Interest rate

5.25%

Loan type

New Conventional, 30 year

Seller

Travis D Smith and Rebecca A Smith

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/02/2025 at 4:25 PM

Listing updated: 04/02/2025 at 7:05 AM

Listed by: Tigran Bakalyan, LA Premier Realty Phone #: (855) 525-7653

MLS: CRMLS #BB25070780

CRMLS logo

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