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$3,995,000
420 W Elmwood Avenue, Burbank, CA, 91506
1,417
Square Feet
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.
Offered By
Keller Williams Realty
Property Details
Property Type
Multi-Family
Status
Active
Property Sub Type
Other
Square Feet
1,417
MLS #
CRP1-17542
LAUNDRY FEATURES
Community Facility, In Garage, See Remarks
Heating
Other
Cooling
Central Air
SEWER
Public Sewer
WATER SOURCE
Public
Year Built
1988
Parking Features
Other
Lot Features
Other
View
Other
CITY
Burbank
COUNTY
Los Angeles
AREA
Listing
STATE
CA
HOA FEE
0.0
LATEST UPDATE
2024-05-07T18:16:32.628Z
PRICE CHANGE(S)
$3,995,000 May 7, 2024
Property Details
Property Type
Multi-Family
Status
Active
Property Sub Type
Other
Square Feet
1,417
MLS #
CRP1-17542
New Properties On Market
8
300%
Increase In New Listings
Average Asking Price
$1,118,099
$206,874 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$359
$132 Decrease In List Price/Sq. Ft.
Data as of May 19, 2024.
Remaining statistics above are calculated on activity within the period from Mar 01, 2024 to Apr 30, 2024.
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The information provided by this calculator is for illustrative purposes only and accuracy is not guaranteed. The values and figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. This calculator does not have the ability to pre-qualify you for any mortgage or loan program. Qualification for mortgages or loans requires additional information such as credit scores and existing debts which is not gathered in this calculator. Information such as interest rates and pricing are subject to change at any time and without notice. All information such as interest rates, taxes, insurance, monthly mortgage payments, etc. are estimates and should be used for comparison only.
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HOA Dues
Interest Rate
Estimated Property Taxes
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Based on information from this brokerage/Association of REALTORS® (alternatively, from the East Bay Regional Data MLS) as of 2024 (date the AOR/MLS data was obtained). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information from this brokerage/Association of REALTORS® (alternatively, from the East Bay Regional Data MLS) as of 2021 (date the AOR/MLS data was obtained). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.