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Sold for $1,591,000 · May 2025

SOLD

Listed at $1,595,000

Sold

1040 Sherlock Drive, Burbank, CA 91501

Burbank, CA

MLS# 25510763

1,554 Sq Ft • Single Family Home3bd • 2ba
9 days on market

Listing Agent

Michael Mersola

Listing Agent

Keller Williams Realty Los Feliz

DRE #: 01503186

Brokerage: Keller Williams Realty Los Feliz

Property Details

3

Bedrooms

2

Bathrooms

1,554 sqft

Square Feet

1950

Year Built

0.54 acres

Lot Size

$1,024

Price/Sq Ft

1

Garage Spaces

N/A

HOA

Single Family Home

Property Type

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!

Listing description from the May 2025 sale, as reported to CRMLS.

Facts & Features

Details

Stories
1
Cooling
CentralAir
Heating
ForcedAir
View
CityLights, Mountains, Valley

Sale history for 1040 Sherlock Drive

1 recorded sale

$1,591,000
Sold May 2025 · listed $1,595,000, orig. $1,649,000, on market March 2025, 9 days on market · MLS #25510763 · Source: CRMLS
Listing Agent: Michael Mersola · Listing Office: Keller Williams Realty Los Feliz · Contact: 323-300-1000 · Bought with: Mark Reavis · Reavis Realty

How this sale compares

1040 Sherlock Drive sold for $1,591,000 in May 2025, 0.3% under its $1,595,000 list price, after 9 days on the market. It was first listed at $1,649,000. That works out to $1,024 per square foot on 1,554 square feet. Across 60 closed sales in 91501 over the last 12 months, the median sold price is $1,323,889 and the median is $662 per square foot, 35% below this sale's $1,024. 3-bedroom rentals in 91501 currently list at a median of $4,500 a month (5 listings).

$1,024
This sale, per sq ft
$662
91501 median per sq ft (12 mo)
$1,323,889
91501 median sold price (12 mo)
60
Closed sales in 91501 (12 mo)
9
Days on market
−0.3%
Sold vs. list price
QuarterClosed sales in 91501Median sold price
Q1 20264$1,357,474
Q2 202625$1,455,000
Q3 202623$1,030,000
Q4 20268$1,287,500

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Burbank · Homes for sale in 91501

Recent sales near 1040 Sherlock Drive

Closed sales reported in 91501, nearest first, last 12 months. All recent sales in Burbank →

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