About this home

The Burbank Collection-Moderate Income Housing Opportunity (Income Verification Required). Ideally located in the heart of downtown Burbank, just steps to shops, cafes, 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.

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Property details

Price: $297,700
Bedrooms: 1
Bathrooms: 1
Interior: 630 sqft
Price / sqft: $473
Year built: 2007
Lot size: 1.93 acres
Type: Condo
Days on market: 93
Est. property tax: $2,233/yr · $186/mo · 0.75% CA avg
HOA: $540/mo
Last sold: $257,000 · Apr 2014

Estimated monthly payment

Down payment20% ($59,540)

Interest rate6.75%

Principal & Interest$1,545

Property Tax$273

Insurance$150

Total$1,968/mo

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Price history

$257K · Feb 14$298K · Mar 26

Mar 22, 2026$297,700Relisted
Feb 3, 2026$297,700Initial list price
Apr 18, 2014$257,000Sold
Mar 21, 2014$257,000Price change
Feb 7, 2014$257,000Initial list price

Location

This home is located in Burbank, CA, in the Los Angeles area. Browse more Burbank listings on the Burbank market page or explore the full Burbank market report.

About Burbank: Burbank is a city in the southeastern end of the San Fernando Valley in Los Angeles County, California, United States. Located 7 miles (11 km) northwest of downtown Los Angeles, Burbank had a population of 105,833 as of 2025. The city was named after David Burbank, who established a sheep ranch there in 1867. Burbank consists of two distinct areas: a downtown/foothill section, in the foothills of the Verdugo Mountains, and the flatland section. (source: Wikipedia)

Climate: Average year-round temperature is 67°F with 307 dry days per year and 24.1 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 91502)

This neighborhood is primarily renter-occupied (10% owner-occupied). Median age is 34.7; 26% hold a bachelor's degree; median household income is $59,711.

Median income: $59,711
Median age: 34.7
Owner-occupied: 9.6%
Bachelor's degree: 26.0%
Census median home value: $889,000

Source: US Census Bureau American Community Survey 5-year estimates.

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$297,700

250 N First St Unit 415, Burbank, CA