1141 N Lima Street, Burbank, CA 91505

$1,580,000
5
BD
3
BA
2,099
SqFt

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Sold Price
$1,580,000
List Price
$1,599,999
Status
CLOSED
Days on Market
11
Closing Date
Jun 16, 2026
MLS#
GD26085969
Subtype
Residential
Year Built
1938
Bedrooms
5
Bathrooms
3
Full Baths
3
Living Area
2,099
Lot Size
4,454
Acres
0.10
MLS Area Major
Burbank (610)

Property Description

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.

Additional Information

Interior Features
Breakfast Bar, Crown Molding, Separate/Formal Dining Room, Eat-in Kitchen, Quartz Counters, Recessed Lighting, Attic
Appliances
ENERGY STAR Qualified Appliances, Electric Range, Disposal, Gas Range, High Efficiency Water Heater, Microwave, Refrigerator, Tankless Water Heater, Water To Refrigerator, Dryer, Washer
Heating
Central, Electric, ENERGY STAR Qualified Equipment
Air Conditioning
Yes
Stories
One Level
Levels
One
Roof
Shingle
Pool Type
None
Parking Features
On Street
School District
Burbank Unified
View
None

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Ara Bahadrian (ara@ararealestate.com) from Listing Office: Remax Optima.

Selling Office: Compass.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.