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.
Courtesy: Equity Union
Courtesy: Abraiday Inc.
No expense was spared on this stunning whimsical English Tudor completely updated 2 bedroom 2 bath w/ separate office located in a highly sought after exclusive Burbank neighborhood. On a generous flat lot with expansion and/or possible ADU opportunity. The charming entrance greets you w/ a tranquil beautiful newly landscaped front yard & porch where you can enjoy your morning coffee while taking in the neighborhood views. This gorgeous property boasts a modern open floor plan w/ living & dining area w/ plenty of natural light. The sleek kitchen features quartz countertops, custom backsplash, new shaker cabinets, & new brushed stainless steel appliances. The updated bathrooms all have custom designer tile w/ all new/designer vanities, Kohler tub, & new fixtures. An oversized chic private upstairs master suite is also featured w/ two large closets along with a large guest room and separate office. Additional features include new interior/exterior paint, new double pane low emissivity energy saving windows, new floors, recessed lighting throughout, updated electrical/plumbing, new central HVAC, programmable sprinkler system(front yard) & designer lighting fixtures. The lot is ideal for entertaining w/ multiple lounge areas, privacy fencing, and a beautifully finished oversized 1-car garage that can be used as an art studio, game room, or for additional storage space (possible ADU opportunity) with an extended driveway that can fit up to 4 cars. Close to restaurants, Channel Bike Path, LA Equestrian Center, all studios and shopping. Burbank living at it's finest!
Burbank is located in California. Burbank, California 91502has a population of 107,364. Burbank 91502 is less family-centric than the surrounding county with 29.29% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Burbank, California 91502 is $82,246. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Burbank 91502 is 39.5 years.
The average high temperature in July is 85.7 degrees, with an average low temperature in January of 45.3 degrees. The average rainfall is approximately 17.1 inches per year, with 0 inches of snow per year.
