Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

1135 E Verdugo Avenue

Burbank, CA, 91501

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$5,500,000

MLS: SR26000796

Beds

3

Baths

5

Sq Ft

4,925

Lot

0.31 ac

Year Built

2019

MLS #

SR26000796

Days on Market

31

Listed

Jan 5, 2026

Description

This impressive 5000 square-foot single-family residence situated on a 14K flat lot offers a rare blend of space, comfort, and sophistication. Featuring three generously sized bedrooms and five well-appointed bathrooms, the home is thoughtfully designed for both everyday living and elegant entertaining. Expansive living areas are filled with natural light and flow seamlessly from room to room, creating an open yet inviting atmosphere. The gourmet kitchen serves as the heart of the home, complemented by multiple dining and gathering spaces ideal for hosting family and guests. Each bedroom functions as a private retreat, with spa-like bathrooms that provide both luxury and convenience. Additional bathrooms ensure effortless hosting and daily comfort, while the home's generous square footage allows for flexible spaces such as home office, media room, or a fitness area. With refined finishes throughout and a layout designed for modern living, this exceptional residence offers privacy, functionality, and timeless appeal. Designed for indoor-outdoor living, the home opens to a resort-style backyard featuring a sparkling swimming pool and relaxing spa, perfect for year-round enjoyment. An outdoor BBQ and dining area provides an ideal setting for entertaining, while a custom fire pit creates a warm, inviting space for evening gatherings, extending the living space and offer a private oasis for relaxation and socializing.

Location

Burbank, Los Angeles County, CA 91501

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Listed by: Levon Nargizyan · HouseIQ

Payment estimate

$38,505

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $550,000 · Loan: $4,950,000

%
Principal & Interest
$30,414
Property tax (1.25%)
$5,729
Homeowners insurance
$300
Mortgage insurance
$2,063
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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 Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

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 $192,500 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.

Local Market Stats

See Burbank, CA 91501 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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