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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

    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*****

    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#: P1-17542MLS LogoOriginating 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