Burbank living at its finest! Nestled on a peaceful, tree-lined street in the highly desirable Burbank Rancho Adjacent, this classic 3-bedroom, 1-bath home presents an exceptional fixer and flip opportunity for investors or end-users ready to create something special. Situated on a generous 7,141 sq ft lot, the 1,201 sq ft residence offers endless potential to renovate, reimagine, or expand. The home features a functional floor plan, a detached 2-car garage, and ample outdoor space ideal for future enhancements. While the property is in need of TLC, it provides a rare chance to add value in one of Burbank's most sought-after neighborhoods. Enjoy close proximity to top-rated schools, St. John's Medical Center, the LA Equestrian Center, Griffith Park, Disney Studios, and an array of local shops and eateries. This is a prime opportunity to restore a classic home and unlock its full potential in an unbeatable location. 340 S Lomita St bring your vision, your contractor, and your imagination.
Listed by Craig Strong
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License #01450987
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Compass
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818-930-4050
Last updated January 28, 2026
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Source: CRMLS #26643991
Listing Facts
TypeSingle-family
NeighborhoodRancho Adjacent
Bedrooms3
Bathrooms1
Days on Prevu2
Size1,201 sqft
Price per sqft$833
Amenities
Dishwasher
Private Outdoor Space
Washer/Dryer
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
01/28/2026
Listed by Compass
$999,888
Property Details for 340 S Lomita Street
Exterior
Construction
Property Condition: Fixer
Roof: Shingle
Stories: 1
Window Features: Blinds, Screens
Year Built: 1944
Common Walls: No Common Walls
Entry Location: Ground Level w/steps
Exterior Features: Rain Gutters
Features
Direction Faces: West
Other Structures: Shed(s)
Patio And Porch Features: Open, Patio, Porch
View: Trees/Woods
Measurements
Building Area Total: 1,201
Lot Dimensions Source: Assessor
Lot Features: Back Yard, Front Yard, Rectangular Lot, Yard
How many bedrooms and bathrooms does this single-family home have?
There are 3 bedrooms and 1 bathroom in this single-family home at 340 S Lomita Street.
Does this single-family home have parking?
Yes, there are 2 parking spaces available for 340 S Lomita Street.
How does 340 S Lomita Street compare to other single-family homes in Rancho Adjacent?
This single-family home is listed 45% below the average price for single-family homes in Rancho Adjacent and has been on the market for 86 less days than the typical home in this area.
What is the square footage on this single-family home?
According to the MLS, this listing is 1,201 sqft.
340 S Lomita Street is a 3-bedroom, 1-bath single-family home for sale in Burbank CA 91506. On Prevu for 2 days at $999,888. This property features 1,201 square feet of living space, located in Rancho Adjacent. The median listing price for single-family homes in this area is $1,725,000. The home offers private outdoor space, dishwasher, air conditioning, parking, and washer/dryer. View other single-family home listings in Burbank.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.