$1,300,000
MLS: SR26156504
Beds
3
Baths
2
Sq Ft
2,264
Lot
0.16 ac
Year Built
1946
MLS #
SR26156504
Days on Market
12
Listed
Jul 20, 2026
Description
Rare opportunity to own in one of Burbank's most desirable neighborhoods. Located in the highly sought-after Magnolia Park area, this property is ready for someone with vision to restore, renovate, or reimagine its full potential. Whether you're an investor, contractor, or buyer looking to customize a home to your own taste, this is an exceptional opportunity in a premier location. Ideally situated near Magnolia Park's popular shops, restaurants, cafés, parks, entertainment, major studios, and convenient freeway access. The location alone makes this property a standout. Bring your ideas and transform this fixer into a beautiful home while enjoying all that this vibrant Burbank community has to offer. Don't miss this chance to invest in one of the city's most coveted neighborhoods!
Location
Burbank, Los Angeles County, CA 91505
Open on Google Maps ↗Listed by: Patricia Luppi · Park Regency Realty
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$9,660
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $130,000 · Loan: $1,170,000
Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $7,519
- Property tax (1.25%)
- $1,354
- Homeowners insurance
- $300
- Mortgage insurance
- $488
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Jul 30, 2026
- 30-year fixed
- 6.66%
- 15-year fixed
- 6.04%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Burbank home with as little as 3.5% down using an FHA loan — roughly $45,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Burbank, CA 91505 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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