5040 N Ledge Ave
Burbank, CA 91505
Magnolia Park- Studio
- 1 Bath
- 400 sqft
Studio
1 Bath
400 sqft
Local Information
-- mins to
Description
Detached filly furnished brand new guesthouse ADU with full laundry and private yard in residential neighbourhood in Toluca Woods - walk to studios, Portos, restaurants and bus. Sleeper sofa and/or fold away bed are options. New linens and all kitchen needs.
Utilities included, tenant pays for cable/wifi, month to month lease
Utilities included, tenant pays for cable/wifi, month to month lease
5040 N Ledge Ave, Burbank, CA 91505 is a studio, 1 bathroom, 400 sqft single-family home in Magnolia Park. It last sold for $235,000 on Aug 28, 1998 (10,582% above the $2,200 asking price). More recently, it was listed as a rental in August 2025 with an asking price of $2,200 per month. That rental listing was removed on September 4, 2025. It is currently off market. The Trulia Estimate is $1,037,300, with a rent estimate of $2,447/month.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 5040 N Ledge Ave
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Heating & Cooling Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air |
Appliances & Utilities DryerMicrowaveRefrigeratorWasher |
Levels, Entrance, & Accessibility Floors: Tile |
Room & Shared Space Shared space is furnished |
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Property Type / Style Property Type: Single Family Home |
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Lease Term: 1 MonthAvailable: now |
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Parking & Garage Parking: Off Street Parking, On Site |
Price History for 5040 N Ledge Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 09/04/2025 | $2,200 | ListingRemoved | Zillow Rentals |
| 08/23/2025 | $2,200 | Listed For Rent | Zillow Rentals |
| 08/28/1998 | $235,000 | Sold | N/A |
Market trends in Burbank
Last updated June 2026
Avg. sale price
$1.21M
$16.5KMoM
Sale-to-List Price
100.6%
0.5%MoM
Price per sq ft
$817
$9MoM
Available listings
152
15MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $4,664 |
| Assessment | $398,528 |
Home facts updated by county records
Comparable Sales for 5040 N Ledge Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.08 | Single-Family Home | $1,210,000 | 12/26/25 | 2 | 1 | 1,170 | |
0.24 | Single-Family Home | $755,000 | 04/27/26 | 2 | 1 | 949 | |
0.37 | Single-Family Home | $780,000 | 10/23/25 | 2 | 1 | 846 | |
0.31 | Single-Family Home | $1,160,000 | 04/24/26 | 2 | 1 | 905 | |
0.15 | Single-Family Home | $1,330,500 | 08/22/25 | 3 | 1 | 1,802 | |
0.30 | Single-Family Home | $1,080,000 | 10/17/25 | 3 | 1 | 1,184 | |
0.29 | Single-Family Home | $1,080,000 | 08/25/25 | 4 | 1 | 1,393 | |
0.19 | Single-Family Home | $3,474,000 | 08/29/25 | 2 | 1 | 1,200 | |
0.21 | Single-Family Home | $772,000 | 03/20/26 | 3 | 2 | 1,314 | |
0.21 | Single-Family Home | $2,850 | 12/19/25 | 1 | 1 | 1,000 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 5040 N Ledge Ave.
What Locals Say about Magnolia Park
At least 47 Trulia users voted on each feature.
98 % Say it's dog friendly
93 % Say there are sidewalks
89 % Say people would walk alone at night
88 % Say it's walkable to restaurants
82 % Say yards are well-kept
80 % Say it's walkable to grocery stores
79 % Say streets are well-lit
78 % Say parking is easy
75 % Say car is needed
74 % Say kids play outside
72 % Say it's quiet
71 % Say there's holiday spirit
67 % Say they plan to stay for at least 5 years
63 % Say neighbors are friendly
40 % Say there are community events
39 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
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