250 First Street #417, Burbank, CA 91502

Photo 1

Property Description

Affordable housing opportunity at The Burbank Collection, an upscale condo complex located in the heart of downtown Burbank. Second floor unit features 650+/- sf open layout, natural light, central A/C/heating, washer/dryer, 2 assigned parking, under cabinet kitchen lighting and outdoor patio. The complex features a gym, pool, lounge, putting green, bbq, fire pit, & bocce ball court. HOA dues include basic DirecTV, water, trash, and gas. Interested buyers must be screened by the City of Burbank for income-eligibility:1 person $63,100; 2 persons $72,100, and 3 persons $81,100 maximum annual income of all occupants (sheet on MLS). Affordable Purchase Price calculation will ultimately be made by the City of Burbank, and considers estimates for monthly HOA dues, utilities, and property tax. Owner occupancy REQUIRED minimum down, buyer will assume a silent second loan that does not accrue interest nor require payments, and is forgivable. Info provided by BHA.


Interior Features

Kitchen Information
Features Kitchen Island, Tile Counters
Bedroom Information
Bedrooms 1
Bathroom Information
Bathrooms 1
Flooring Information
Material Tile
Interior Information
Cooling Type Heat Pump

Listing Information

Address 250 First Street #417
City Burbank
State CA
Zip 91502
County Los Angeles
Listing Agent Kirt Kingzett DRE #01741998
Courtesy Of Compass
Close Price $450,000
Status Closed
Type Residential
Subtype Condominium
Structure Size 650
Lot Size 84,258
Year Built 2007

Listing information courtesy of: Kirt Kingzett, Compass. *Based on information from the Association of REALTORS/Multiple Listing as of May 27th, 2021 at 4:17 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.