Equity Union Real Estate
Albert Rodriguez, Equity Union Real EstatePhone: (661) 993-5831
Email: [email protected]
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listing
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CondoFor Sale
$255,634
250 N First Street 337
Burbank, CA 91502
Listed by Caroline Chai DRE#01343928 [email protected] Abraiday Inc.
MLS: California Regional MLS (CRMLS)
1Beds
1Bath
650Sq Ft
Est. Mortgage
$1,420/mo

Rare Burbank Housing Authority 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 of $226,500 interest free with no payment. Total purchase price is $482,134. Qualification: Buyers must have a household size no greater than 5 persons for income-eligibility:1 person $77,700-85,500; 2 persons $88,800-94,300, and 3 persons $99,900-106,050, 4 persons $110,950-117,850 and 5 persons $119,850-127,300. Unit can not be used as a rental. Submit 1. proof of income 2. proof of fund for 5% down payment 3. loan approval to agent first. Agent will submit the documents to Burbank Housing Authority for approval. Showings will be arranged to qualified buyers only.

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Information courtesy of Abraiday Inc. is subject to verification and is not guaranteed.
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