316 E Elmwood, Burbank, CA 91502
316 E Elmwood, Burbank, CA 91502
316 E Elmwood, Burbank, CA 91502
27
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$4,750,000
Est. payment /mo
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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


MLS Router / San Diego MLS
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

NEARBY SCHOOL & BUSINESS

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Sheila Godkin

Sheila Godkin

Luxury Property Specialist License ID: 01948190

+1(858) 888-5559

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316 E Elmwood