1300 S Lake St Burbank, CA 91502
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About this home
Redesigned by an acclaimed interior design firm and featured by RUE Magazine, Architectural Digest, Arhaus, Perigold, and Ruggable. This reimagined home blends high design with everyday comfort. Thoughtfully updated from the ground up, this 4 bed, 2 1/2 bath home + garage studio (ADU-ready) is a rare find in one of Burbank's most convenient neighborhoods. Major system upgrades include a new foundation (2019), HVAC system (2019), insulation (2021), and annual roof maintenance. The exterior boasts brand new high-end paint (2024), front yard sod and fence, a re-tiled porch, and lush privacy hedges. The professionally landscaped backyard (2022) is a private oasis with mature lemon and bougainvillea trees, a pergola, and privacy hedges, perfect for entertaining and relaxing.Inside, the living spaces flow through custom arched openings and are adorned with high-end Portola paints, new designer light fixtures, and 2 new Solar Tube skylights. The kitchen is a work of art, featuring reclaimed 100-year-old shelving, vintage brass lighting, porcelain countertops, Zia Tile Zellige backsplash, a custom porcelain hood, custom cabinetry with vintage cabinet handles, and a brand-new Bosch dishwasher (2025). The adjoining dining room is bathed in natural light and framed by bespoke finishes. The serene primary suite includes custom window treatments, limewash paint, and a spa-like bathroom with Bedrosians Zellige tile, Brizo fixtures, a solar powered Velux skylight, and a high-end vanity with quartz top and built-in electrical outlets.All secondary bedrooms include new custom closets and designer finishes. The hallway includes a new custom linen closet and the hallway bath (2024) features Concrete Collaborative tile and Kohler fixtures. The powder room stuns with Rosso Levanto marble tile and the dedicated laundry room adds style and function with new appliances.The detached garage studio (2022) is fully insulated and thoughtfully reinforced to ADU standards with polished concrete floors, a fluted ceiling treatment, custom cabinetry, porcelain counters, a mini split system, and designer-grade finishes throughout.Located less than 10 minutes from Griffith Park, the LA Zoo, Ikea, and top Burbank schoolsand a short drive to Atwater, Echo Park, Silver Lake, and Pasadenathis one-of-a-kind property delivers curated luxury and everyday convenience. Designer pedigree. Thoughtful upgrades. Burbank lifestyle. Welcome home.
Source: CLAW #25612599
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FAQs
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.