250 N First Street #317
Burbank, CA 91502
650 sqft | 1 bed | 1 bath | #AR17182011
Description
This beautiful unit is part of the Burbank Collection, an upscale condominium complex located in the heart of downtown Burbank. For a limited time, the condo is being offered under Burbank’s Housing Affordability Program (see important qualifying details below). The condo has a spacious and open layout with a large living room, plenty of natural light, a large washer/dryer pantry, 2 tandem parking spaces, and additional storage in the underground parking area. The complex features amazing amenities: a state of the art gym, basic Direct Tv service, water, trash, gas, a relaxing outdoor pool, an entertainment lounge with a pool table and flat screen TV, an outdoor putting green, patio BBQ stations, a gas fire pit, even a Bocce ball court. With too many amenities to mention please don't miss this great opportunity for a first-time buyer!
Prospective purchasers *MUST* be income-qualified by the City of Burbank. Income guideline for the city’s affordable sales price: Buyer must make between $50,500-$54,450 for 1 person - purchase price will be $224,672 * $57,700-$62,200 for 2 people - purchase price will be $252,080 * $64,900-$70,000 for 3 people - purchase price will be $293,512. The City will be pre-screening the potential buyer so you MUST make between those ranges (NO EXCEPTIONS). Minimum 5% down payment. Buyer must assume a silent second loan, which does not require interest or monthly payments as long as the buyer follows city requirements * Must be owner occupied!
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced 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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Ryan Asao (#A35389)
Listing Office: Keller Williams Executive (#30807)
Listing Courtesy (Buyer)
Buyer's Agent: Kimberli Kenefsky (#SWKENEKIM)
Buyer's Office: Re/Max Real Pros (#SWRMRP)
