27
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$4,750,000
Est. payment /mo
5 Beds
5 Baths
7,227 Sqft Lot
New
316 E Elmwood Burbank, CA 91502
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB26241354
Bedrooms 5
Lot Size 7,227 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
An attractive multifamily investment opportunity in the highly desirable Burbank rental market. 316 E. Elmwood Avenue consists of 10 residential units offering a diverse mix of floor plans designed to appeal to a broad tenant base. The property features (2) three-bedroom units, (2) two-bedroom units, and (6) one-bedroom units, providing a versatile range of housing options. The property offers several valuable improvements and amenities, including a newer roof, newer automated gate system, and central HVAC. Additional features include community laundry facilities and subterranean parking, providing residents with added convenience, comfort, and security. Ideally situated in Burbank, the property benefits from its proximity to shopping, dining, employment centers, and major transportation routes. Its established residential setting and versatile unit mix make it an appealing opportunity for investors seeking a multifamily asset in a sought-after rental market.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Located between Glenoaks & San Fernando
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 2453037035
Acceptable Financing Cash
Listing Terms Cash
Listed by Susan Featherly, DRE#01445745 Better Homes and Gardens Real Estate Town Center
Co-listed byGeorge Micalchuck • Better Homes and Gardens Real Estate Town Center
Co-listed byGeorge Micalchuck • Better Homes and Gardens Real Estate Town Center
NEARBY SCHOOL & BUSINESS
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