1620 N. San Fernando Blvd., #37, Burbank, CA 91504 – Transaction Details
Date: August 30, 2016
Property Type: 2 Bedroom, 1.5 Bathroom, 980 Square Foot Condominium
Purchase Price: $370,000.00
Year Built: 1964
Description: Assisted first-time home-buying couple with acquiring an affordable condo in a great area with excellent schools.
1620 N. San Fernando Blvd., #37, Burbank, CA 91504 – Transaction Summary
This transaction is evidence that flexibility on location will vastly expand a buyer’s options, and also that at Esquire Real Estate Brokerage we value all of our clients no matter what the price point. These clients first came to us with a target budget of $425,000.00, but ultimately through the loan approval process we determined that their price point should be below $380,000.00. At that budget, and with their desire for a minimum of two bedrooms in a good school district, the options were limited. However, our clients’ flexibility on location made this deal possible. As a result, we were able to identify this great townhome-style condominium on North San Fernando Blvd. in an excellent part of Burbank. Not only is the unit itself ideal for our clients, who are expecting an addition to their family in the next few months, but the area is excellent insofar as its schools are rated highly by Great Schools. What’s more is that the area is set for significant development and addition of a luxury outdoor mall, which promises significant potential for appreciation in the near future. We have no doubt that our clients will be happy in this unit for many years to come.
Additional pictures from the property’s MLS listing are available here.
For more information on this transaction or to discuss any other questions you may have concerning the Los Angeles and Burbank real estate markets, contact Esquire Real Estate Brokerage, Inc. at 213-973-9439 or firstname.lastname@example.org.