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$255,634

Est. payment - /mo

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1 BD

1 BA

650 SqFt

Active Under Contract

250 N First ST #337 Burbank, CA 91502

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Jeff Underdahl

eXp Realty

jeff@jeffunderdahl.com +1(760) 271-8772

UPDATED:

12/10/2024 04:04 AM

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 TR24224447

Bedrooms 1

Full Baths 1

Condo Fees $539

HOA Fees $539/mo

HOA Y/N Yes

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

Area 610 - Burbank

Zoning BUC4

Rooms

Main Level Bedrooms 1

Interior

Interior Features Balcony, Ceiling Fan(s), Pantry

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Appliance Built-In Range, Gas Cooktop, Disposal, Gas Oven

Laundry Electric Dryer Hookup, Laundry Closet, Stacked

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool Community, Association

Community Features Urban, Pool

Amenities Available Pool

View Y/N Yes

View Courtyard

Attached Garage No

Total Parking Spaces 2

Private Pool No

Building

Dwelling Type Multi Family

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Burbank Unified

Others

HOA Name The Collection at Downtown Burbank

Senior Community No

Tax ID 2453005100

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

Listed by Caroline Chai • Abraiday Inc. • 909-589-9989

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Jeff Underdahl

CEO/Team Leader | License ID: 01077484

+1(760) 271-8772