250 N First Street 524
Burbank, CA, 91502
$1,175,000
MLS: GD26150149
Beds
3
Baths
3
Sq Ft
2,110
Lot
1.93 ac
Year Built
2007
MLS #
GD26150149
Days on Market
13
Listed
Jul 23, 2026
Description
Set within The Burbank Collection in the heart of Downtown Burbank, this rare two-story corner penthouse offers over 2,100 square feet of living space, 3 bedrooms, 3 bathrooms, two private balconies, two parking spaces, and additional storage. This exceptional penthouse residence offers a rare combination of generous living space, natural light, privacy, architectural character, and the ease of luxury condominium living. The open-concept floor plan is enhanced by soaring ceilings, dramatic architectural lines, and striking angles that create a remarkable sense of volume and character. A wall of windows framing mountain views fills the main living space with natural light and provides an impressive backdrop for everyday living and entertaining. The expansive living and dining areas flow seamlessly into the kitchen, creating an inviting setting for both intimate gatherings and larger celebrations. A versatile loft, currently enjoyed as a media room, offers exceptional flexibility for a home theater, office, creative studio, or additional lounge space. With its two-story layout, generous scale, private outdoor spaces, and thoughtful separation of living areas, this penthouse offers the feel of a single-family home with the convenience of refined urban living. Residents enjoy desirable community amenities including a gym, pool, and community room. Set in the center of Downtown Burbank, the home offers exceptional access to Disney, Warner Bros., NBC, Universal Studios, premier dining, shopping, entertainment, freeway access, Hollywood Burbank Airport, JSX, Burbank Town Center, North America's largest IKEA, Wildwood Canyon, and more than 600 shops, restaurants, and activities throughout Downtown Burbank. AMC Burbank 16 is located downstairs and was named the top-grossing movie theater in the country for 2025, according to Comscore reporting. A rare opportunity to own one of Burbank's most remarkable penthouse offerings in the center of it all.
Location
Burbank, Los Angeles County, CA 91502
Open on Google Maps ↗Listed by: Rosa Pena · JohnHart Real Estate
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
$9,513
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $117,500 · Loan: $1,057,500
Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $6,796
- Property tax (1.25%)
- $1,224
- Homeowners insurance
- $300
- Mortgage insurance
- $441
- HOA dues
- $753
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 $41,125 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 91502 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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