420 Elmwood Avenue, Burbank

$3,995,000

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17 Beds
17 Baths
.15 Acre
18 Garages

Presenting an exceptional investment opportunity, this distinguished 9 Unit building, built in 1988, features eight 2-bedroom, 2-bathroom flat units alongside a unique 1-bedroom, 1-bathroom townhouse-style loft unit. With a great Curb Appeal, separate Gas and Electric Meters, and copper plumbing, the 9,310 square feet building extends over 6,670 square feet of land. Each unit has been thoughtfully designed to offer spacious living quarters, enhanced by central air conditioning and heating systems, fireplace, and high ceilings. Notably, the front units also have balconies, Situated in a Prime rental district, the location ensures strong rental demand with close proximity to schools, shopping amenities, and iconic entertainment studios like Disney, Warner Bros, and Nickelodeon, unlocking a unique lifestyle proposition for potential tenants.

Essential Information

MLS® #
P1-17542
Price
$3,995,000
Bedrooms
17
Bathrooms
17.00
Acres
0.15
Year Built
1988
Type
Residential Income
Sub-Type
Apartment
Status
Active

Community Information

Address
420 Elmwood Avenue
Area
610 - Burbank
Subdivision
Not Applicable
City
Burbank
County
Los Angeles
Zip Code
91506
Community Features
Street Lights, Sidewalks
Senior Community
N

Amenities

Parking Spaces
18
Parking
Gated
# of Garages
18
Garages
Gated
View
None
Pool
None

Interior

Heating
Central
Cooling
Central Air
Fireplace
Yes
Fireplaces
See Remarks
# of Stories
3

Exterior

Lot Description
Sprinklers None

Additional Information

Date Listed
April 22nd, 2024
Days on Market
13

Listing Details

Agent
Melina Kalachian
Office
Keller Williams Realty

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Based on information from California Regional Multiple Listing Service, Inc. as of May 19th, 2024 at 7:10pm PDT. 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.