351 W Elm Avenue
Burbank, CA, 91506
$1,195,000
MLS: BB26211950
Beds
2
Baths
1
Sq Ft
1,081
Lot
0.14 ac
Year Built
1940
MLS #
BB26211950
Days on Market
17
Listed
Sep 30, 2026
Description
Welcome to your own slice of paradise in Burbank’s highly sought-after Rancho District! Nestled in one of the city’s most charming neighborhoods, where horses are a familiar sight along the tree-lined streets, this enchanting 1940s home beautifully blends timeless character with modern comfort. **Offering approximately 1,446 square feet of livable space**, the home provides a comfortable and versatile floor plan designed for today’s lifestyle. The main residence features two bedrooms plus a versatile den that can easily serve as a third bedroom, home office, or flex space. A welcoming formal living room with fireplace creates a warm gathering place, while the beautifully remodeled kitchen features new cabinetry, granite countertops, and updated stainless steel appliances. Thoughtful upgrades include newer HVAC with a NEST thermostat, Ring security system, reverse osmosis system for drinking water and ice, new flooring throughout, recessed lighting, fresh interior paint, and a beautifully updated bathroom. Adding exceptional versatility is a separate rear structure complete with its own bathroom and kitchenette. This flexible space is ideal for a home office, creative studio, or other bonus use. A shared laundry area adds convenience. Step outside and discover a private garden oasis filled with colorful hibiscus, fragrant jasmine, and mature avocado, orange, and lime trees—an inviting setting for relaxing, entertaining, and enjoying Southern California’s indoor-outdoor lifestyle. Filled with warmth, charm, and possibilities, this special property offers a wonderful opportunity to experience the unique lifestyle of Burbank’s beloved Rancho District. Welcome home!
Location
Burbank, Los Angeles County, CA 91506
Open on Google Maps ↗Listed by: Becky Richards · Equity Union
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
$9,381
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $119,500 · Loan: $1,075,500
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $7,388
- Property tax (1.25%)
- $1,245
- Homeowners insurance
- $300
- Mortgage insurance
- $448
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 Oct 22, 2026
- 30-year fixed
- 7.32%
- 15-year fixed
- 6.68%
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 $41,825 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 91506 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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