Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
Under ContractSingleFamilyResidence

531 N Niagara

Burbank, CA, 91505

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$1,600,000

MLS: BB25278862

Beds

7

Baths

4

Sq Ft

3,100

Lot

0.14 ac

Year Built

1944

MLS #

BB25278862

Days on Market

62

Listed

Jan 2, 2026

Description

Don’t miss the fantastic opportunity in Burbank. Great duplex that could be used for a place for your parents or an adult child to live with you without living WITH you. Or great opportunity for an investor looking for a rental property. The front unit is a 2 bed 1 bath unit that is updated and the back unit is a spacious 5 bed 3 bath unit with a family room and a fireplace in the living room. Both units have laundry as well. All of this in a great quiet location in Burbank.

Location

Burbank, Los Angeles County, CA 91505

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Listed by: Justin Worsham · VonKeith Burbank

Payment estimate

$11,414

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $160,000 · Loan: $1,440,000

%
Principal & Interest
$8,848
Property tax (1.25%)
$1,667
Homeowners insurance
$300
Mortgage insurance
$600
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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 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 $56,000 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 91505 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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