ActiveCondominium

525 S Shelton 102

Burbank, CA, 91506

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$585,000

MLS: BB26045174

Beds

2

Baths

2

Sq Ft

1,155

Lot

0.46 ac

Year Built

1977

MLS #

BB26045174

Days on Market

1

Listed

Apr 2, 2026

Description

Spacious 2 BR, 2 BA end unit containing 1,155 sf of living area located within the Burbank Rancho in close proximity to studios, shopping, the Los Angeles Equestrian Center, and Griffith Park. Centrally located at "The Shelton", a 20-unit condominium complex offering a modern vibe exterior, renovated glass door entry, and lighted central courtyard adjacent to the Burbank Media District to the west and Toluca Lake within a few minutes drive. Starbucks and Pavilions are located less than a block away, along with other retail stores and dining. Plenty of natural light fills the unit featuring a spacious living room, separate dining area, galley kitchen, and two large bedrooms with large windows and an abundance of storage space in the closets. Highlights include in-unit laundry hookups, crown moldings, two side by side parking spaces, designated storage lockers in the grade-level garage, fitness room, and community rear yard.

Location

Burbank, Los Angeles County, CA 91506

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Listed by: Steven Marx · Core Real Estate

Payment estimate

$4,364

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $58,500 · Loan: $526,500

%
Principal & Interest
$3,235
Property tax (1.25%)
$609
Homeowners insurance
$300
Mortgage insurance
$219
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Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

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 $20,475 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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