250 N First Street #337, Burbank, CA 91502

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Glen Henderson

[email protected] +1(619) 889-7646

$255,634

Est. payment - /mo

1 Bed

1 Bath

650 SqFt

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UPDATED:

12/10/2024 06:31 AM

Key Details

Property Type Condo

Listing Status Contingent

Purchase Type For Sale

Square Footage 650 sqft

Price per Sqft $393

MLS Listing ID TR24224447

Style All Other Attached

Bedrooms 1

Full Baths 1

HOA Fees $539/mo

HOA Y/N Yes

Year Built 2007

Lot Size 1.934 Acres

Acres 1.9339

Type of Financing Submit

Property Description

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 and 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.
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 and 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.

Location

State CA

County Los Angeles

Area Burbank (91502)

Zoning BUC4

Interior

Interior Features Balcony, Pantry

Cooling Central Forced Air

Equipment Disposal, Gas Oven, Gas Stove

Appliance Disposal, Gas Oven, Gas Stove

Laundry Closet Full Sized, Closet Stacked

Air Conditioning Central Forced Air

Exterior

Garage Spaces 2.0

Pool Community/Common, Association

View Courtyard

Total Parking Spaces 2

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1 Story

Others

Monthly Total Fees $546

Miscellaneous Urban

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

CFD/Mello-Roos Fee $95

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Listed by Caroline Chai • Abraiday Inc.

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

250 N First Street #337 Burbank, CA 91502

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

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