$255,634
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250 First Street Unit 337 Burbank, CA 91502
Condo
Residence
1
Beds
1
Baths
650
Sq. Ft.
1.93
Acre
Lot
Property Activity
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days
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Rare Burbank Affordable Unit for sale. First time buyer owner occupied only. Be the lucky one to purchase this upscale condo in the heart of Downtown Burbank with close proximity to endless shops, eateries, and activities. This end unit features a 650 sf open layout, natural light, central A/C an...d heating, laundry hookups, assigned garage parking/storage, upgraded quartz counters, under cabinet kitchen lighting, and outdoor porch with pool access. The complex features a gym, pool, lounge, putting green, BBQ, fire pit, & bocce ball court. HOA dues include water, trash, and gas. Down payment is 5% which is $12,782. Buyer must qualify for loan amount of $242,852. City of Burbank carries a silent 2nd loan estimated to be $342,366 interest free with no payment (to be paid off when selling the property in the future). Total purchase price is approx $598,000. Qualification: Buyers must have a household size no greater than 2 persons for income-eligibility:1 person $77,700-82,500; 2 persons $88,800-94,300. Unit can not be used as a rental. Submit 1. proof of income 2. proof of fund for 5% down payment of at least $12,7823, loan approval letter of $242,852 to agent first. Agent will submit the documents to City of Burbank for approval. Showings will be arranged to qualified buyers only.
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MLS#
TR24224447
Property Type
Condo
Status
Active Under Contract
Bedrooms
1
Bathrooms
1 Full
Year Built
2007
HOA Fee
$539
Monthly
Square Feet
650
sq. ft
Lot Size
1.93
Stories
1.0
Sewer
Public Sewer
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