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.
Property Features
Bedrooms
- Bedrooms: 1
- Bedrooms On Main Level: 1
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathrooms On Main Level: 1
Interior Features
- Balcony
- Ceiling Fan(s)
- Pantry
Appliances
- Kitchen Appliances: Built-In Range, Disposal, Gas Oven, Gas Cooktop
- Appliances YN: Yes
- Laundry Features: Electric Dryer Hookup, In Closet, Stackable
Other Rooms
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
- Heating: Yes
Pool and Spa
- Pool Features: Association, Community
Land Info
- Lot Size Acres: 1.9339
- Lot Size Source: Assessor
- Lot Size Square Feet: 84242
Garage and Parking
- Garage Spaces: 2
- Garage Description: Detached
- Parking Total: 2
Home Features
Homeowners Association
- Association: Yes
- Association Amenities: Pool
- Association Fee: 539
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 539
Multi-Unit Info
School Information
- School District: Burbank Unified
Amenities and Community Features
- Community Features: Urban
Other Property Info
- Source Listing Status: Active Under Contract
- County: Los Angeles
- Directions: Downtown Burbank next to AMC Burbank 16
- Source Property Type: Residential
- Area: 610 - Burbank
- Property Subtype: condo
- Source Neighborhood: 610 - Burbank
- Parcel Number: 2453005100
- Postal Code Plus 4: 1872
- Zoning: BUC4
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 650
- Year Built: 2007
- Common Walls: 1 Common Wall, End Unit
- Entry Level: 3
- Entry Location: 3rd Floor
- Living Area Source: Assessor
- Property Age: 17
- Property Attached: Yes
- Levels or Stories: One
- Building Total Stories: 1
- Structure Type: Multi Family
- Year Built Source: Assessor
Utilities
- Sewer: Public Sewer
- Water Source: Public