Properties of the week -- 2 condos in Burbank

I viewed two condos for sale -- units #210 and #204 --  at 345 Alameda Ave. in Burbank and they are my properties of the week.  Why? Because they are so nice and so relatively inexpensive.  Unit #210 (top picture), which has been extensively upgraded with a lot of high end finishes, is $299,900.  And unit #204, (bottom picture) which is a two-story townhome, is listed at $260,000.  I never thought I'd see "nice" units in Burbank at this low price again.  The last time I showed units in this building was two years ago and beaten-up ones were still going for $330k. I don't think units in this building were this cheap when they were built in 1992!  Both units are 2 beds and 2.5 baths.  Unit #210 is 939 square feet and #204 is 1012 square feet, the building is very well maintained, and the home owners' association dues are $230/month.  Yes, Alameda is a busy street, but the building is really close to Disney, the 5 Fwy and the Equestrian Center.  I don't think buyers looking for condos in Burbank could go wrong with these -- and no, they are not my listings nor my office's listings.  Okay, I'll quit gushing now. 

OMG, cheapest condo EVER in Burbank

Pigs are flying.  I'm looking for a hat to eat.  And Burbank has its lowest-priced listing that I ever remember.  And it's not even a dump!  355 Maple, #114 in the Entourage development just listed at $99,000.  It's a 480 sf. studio and the building has lots of amenities.  It's close to the studios, too. Is it priced according to comparables or is it an auction price? I vote auction.  A similar unit there sold for twice this just last fall.  And in November, my buyers closed on a one-bedroom condo on Bethany which was the cheapest thing to list on the market in over a decade and it was $180,000.  And prices haven't dropped 50% in four months.  So yes, I do think it will go out much higher...still...stay tuned!