The Burbank Collection-Moderate Income Housing Opportunity (Income Verification Required). Ideally located in the heart of downtown Burbank, just steps to shops, cafés, theaters, and nightlife. This approx. 630 sq. ft. light-filled condo features an open layout, central A/C and heat, laundry hookups, 2 assigned garage tandem parking with storage, and patio access to one of three landscaped courtyards. Community amenities include a gym, pool, club house, BBQ. HOA covers basic DirecTV, water, trash, and gas. Buyer eligibility required through the City of Burbank: household size limited to three (3) persons with income limits as follows—1person: $74,850–$89,550; 2persons: $86,950–$102,300; 3persons: $99,050–$115,100 (income includes all occupants). The city considers the prospective buyer’s income to be the gross income plus 10% of the buyer’s total assets (savings, stocks, bonds, etc.). Final purchase price is determined by the City based on the qualified buyer’s actual income level. A minimum 5% down payment is required. First-time homebuyer and owner-occupant only. Information deemed reliable but not guaranteed.
Listing courtesy of Listing Agent: Lena Sur (lenasurrealty@gmail.com) from Listing Office: Best Realty & Investment, Inc..
Listing sold by Juan Oropeza from Citiwide Realty Group
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.