$895,000
MLS: BB26115405
Beds
3
Baths
2
Sq Ft
1,304
Lot
0.13 ac
Year Built
1923
MLS #
BB26115405
Days on Market
19
Listed
May 28, 2026
Description
Opportunity is knocking! Major fixer opportunity above Glenoaks with incredible development potential. The existing home offers 1,304 SF and sits on an R4-zoned lot. According to the City of Burbank, the property may allow for the construction of four 2-bedroom units — including two single-story units and two two-story units (buyer to verify with the city). A rare chance for investors, developers, or owner-users looking to maximize value in a highly desirable location. Cash offers only
Location
Burbank, Los Angeles County, CA 91501
Open on Google Maps ↗Listed by: Brett Howard · Howard Realty Group
Payment estimate
$6,670
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $89,500 · Loan: $805,500
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,102
- Property tax (1.25%)
- $932
- Homeowners insurance
- $300
- Mortgage insurance
- $336
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
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 $31,325 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 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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