201 E Angeleno Ave 321, Burbank, CA 91502

Property Description

Rare opportunity to purchase a beautiful upscale 2005 built condo in downtown Burbank through the City of Burbank's Housing Affordability Program. This 2 bed, 1 bath 890 sqft condo offers a nice open floor plan, recessed lighting, granite counter tops, tile and wood flooring, private patio facing the pool, and in unit laundry hook-ups. The building's amenities include secured parking structure, 2 parking spaces, a large pool, spa, gym, BBQ area and much more. Located walking distance away from shops, restaurants, AMC theaters, Burbank mall, entertainment and transportation. THE BUYER MUST BE WITHIN THE FOLLOWING INCOME LIMITATIONS: (1 person $58,450-61,400) (2 people $66,800-$70,150) (3 people $75,150-$78,950) (4 people $83,500-$87,700) (5 people $90,200-$94,700). THIS UNIT CAN NOT BE PURCHASED AS AN INVESTMENT PROPERTY. BUYER MUST OCCUPY THE PROPERTY WHICH THE CITY VERIFIES ROUTINELY. LISTING PRICE IS SET BY THE CITY OF BURBANK AND IS THE FINAL SALES PRICE. CITY OF BURBANK ASSISTS THE BUYER OF THIS UNIT WITH A SILENT SECOND LOAN OF $ 148,600 WHICH DOES NOT REQUIRE INTEREST OR REGULAR PAYMENTS. Interested buyers should contact the listing agent not the City of Burbank