N First St Unit,burbank, Condo For Sale

Rare Burbank Housing Authority Affordable Unit for sale. 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, and bocce ball court. HOA dues include water, trash, and gas. Down payment is 5% which is $11, 782. Buyer must qualify for loan amount of $242, 854. City of Burbank carries a silent 2nd loan of $226, 500 interest free with no payment. Total purchase price is $482, 136. 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.