420 W Elmwood Avenue, Burbank, CA 91506

About this property

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*****

Listing description from the July 2024 sale, as reported to CRMLS.

Sale history

$3,525,000

Sold July 2024 · listed $3,578,000, orig. $3,995,000, on market April 2024 · MLS #P1-17542 · Source: CRMLS

Listing Agent: Melina Kalachian · Listing Office: Keller Williams Realty · Contact: (818) 522-1900 · Bought with: Reza Ghobadi · Reza Ghobadi

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