ActiveSingleFamilyResidence

523 E Fairmount

Burbank, CA, 91501

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$2,380,000

MLS: GD26104462

Beds

4

Baths

5

Sq Ft

3,354

Lot

0.19 ac

Year Built

1940

MLS #

GD26104462

Days on Market

15

Listed

May 28, 2026

Description

Nestled in the tranquil Burbank Hillside, this custom-designed 4-bedroom, 5-bath home is a true surprise. From the street, it appears as a single-story haven, but step inside to discover a hidden second level designed for comfort and functionality. A warm family room welcomes you upon entry, flowing seamlessly into a spacious dining area and gourmet kitchen, while the open-concept layout offers exceptional flexibility for both everyday living and entertaining. The home features a luxurious primary suite complete with a private balcony hot tub , beautifully appointed bathrooms with quality finishes and fixtures throughout, a central vacuum system, central water filtration system, security system, and a pristine pool. Adding even more value is a tenant-occupied ADU thoughtfully designed to provide complete privacy for both the main residence and the ADU occupants, making it ideal for supplemental income or extended living arrangements without compromising comfort or privacy. Conveniently located near top-rated schools, major shopping, and easy freeway access, this meticulously upgraded property blends convenience, sophistication, and versatility, a rare gem you truly must see for yourself.

Location

Burbank, Los Angeles County, CA 91501

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Listed by: Alex Badalian · Coldwell Banker Hallmark

Payment estimate

$17,239

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $238,000 · Loan: $2,142,000

%

Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$13,567
Property tax (1.25%)
$2,479
Homeowners insurance
$300
Mortgage insurance
$893
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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 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 $83,300 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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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.