250 N First Street #337 Save Request In-Person Tour Request Virtual Tour
Burbank,CA 91502
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 650 sqft
Price per Sqft $393
MLS Listing ID CRTR24224447
Bedrooms 1
Full Baths 1
HOA Fees $539/mo
Year Built 2007
Lot Size 1.934 Acres
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.
Location
State CA
County Los Angeles
Interior
Heating Central
Cooling Ceiling Fan(s),Central Air
Fireplaces Type None
Laundry Laundry Closet,Other,Electric
Exterior
Garage Spaces 2.0
Amenities Available Pool
View Other
Building
Story 1
Water Public
Schools
School District Burbank Unified