523 N Lamer Street
Burbank, CA, 91506
(No pictures available yet)
$1,495,000
MLS: 26832209
Beds
4
Baths
3
Sq Ft
2,012
Lot
0.15 ac
Year Built
1916
MLS #
26832209
Days on Market
0
Listed
May 12, 2026
Description
Nestled on a picturesque tree-lined street in the heart of Magnolia Park, this special home blends thoughtful renovations with meticulous upkeep and timeless style. Starting with an idyllic setting shaded by a beautiful magnolia tree, this home evokes character and warmth. Upon entry a generous size living room has fireplace as its focal point which sets the tone for the home. The open floor plan allows for abundant natural light throughout. The proper dining area between the living room and kitchen creates an environment for comfortable everyday living and effortless entertaining. A large well appointed gourmet kitchen opens up to a nice size den continuing the easy flow of the home. The spacious primary suite offers a relaxing retreat complete with custom California Closets walk-in storage. The fourth bedroom, or office, has custom built-ins for displaying favorite books or collectables from your travels. Dual-paned windows and sliding doors enhance comfort and energy efficiency throughout. A versatile flex space with polished concrete floors provides endless possibilities for a home office, gym, media room, or additional entertaining area. Ideally located moments from the beloved Magnolia Park Shopping District, enjoy easy access to Porto's Bakery & Cafe, vintage boutiques, coffee shops, and neighborhood favorites. Nearby Chandler Bikeway and walking path offer a direct connection to Chandler Park and an active outdoor lifestyle. A truly exceptional Burbank home in one of the city's most sought-after neighborhoods.
Location
Burbank, Los Angeles County, CA 91506
Open on Google Maps ↗Listed by: Brian K. Courville · Compass
Payment estimate
$10,931
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $149,500 · Loan: $1,345,500
- Principal & Interest
- $8,513
- Property tax (1.25%)
- $1,557
- Homeowners insurance
- $300
- Mortgage insurance
- $561
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 May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
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 $52,325 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 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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