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. *****SEE ATTACHED MARKETING BROCHURE*****
Sold for $3,525,000 on 07/31/24
Listing Provided by:
Melina Kalachian DRE #01877904 (818)522-1900,
Keller Williams Realty,
Vince Kalachian DRE #01172350 818-631-8855,
Keller Williams Realty
$3,525,000
420 W Elmwood Ave, Burbank, CA 91506
--beds
--baths
9,310sqft
Multi Family
Built in 1988
-- sqft lot
$3,428,600 Zestimate®
$379/sqft
$2,712 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 01, 2024 at 10:46pm
Listing Provided by:
Melina Kalachian DRE #01877904 (818)522-1900,
Keller Williams Realty,
Vince Kalachian DRE #01172350 818-631-8855,
Keller Williams Realty
Bought with:
Reza Ghobadi, DRE #01780045
Reza Ghobadi
Source: CRMLS,MLS#: P1-17542
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

Facts & features
Interior
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Common Area, In Garage, See Remarks
Features
- Has fireplace: Yes
- Fireplace features: See Remarks
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 9,310
- Total interior livable area: 9,310 sqft
Property
Parking
- Total spaces: 18
- Parking features: Gated
- Garage spaces: 18
Features
- Pool features: None
- Spa features: None
- Fencing: Wrought Iron
- Has view: Yes
- View description: None
Lot
- Size: 6,670 sqft
- Features: Sprinklers None
Details
- Parcel number: 2451031009
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- Year built: 1988
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Street Lights, Sidewalks
Location
- Region: Burbank
- Subdivision: Not Applicable
Other
Other facts
- Listing terms: Cash,Cash to New Loan
Services availability
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Estimated market value
$3,428,600