316 E Elmwood, Burbank, CA 91502
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316 E Elmwood, Burbank, CA 91502
316 E Elmwood, Burbank, CA 91502
316 E Elmwood, Burbank, CA 91502
316 E Elmwood, Burbank, CA 91502
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Tatiana Batmanian

Tatiana Batmanian

+1(818) 726-2663
$ 4,750,000
Est. payment /mo
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316 E Elmwood Burbank, CA 91502

7,226 Sqft Lot

UPDATED:

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB26241354

HOA Y/N No

Year Built 1989

Lot Size 7,226 Sqft

Property Sub-Type Apartment

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

Area 610 - Burbank

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Tile, Wood

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Gas Range, Refrigerator

Laundry Common Area

Exterior

Parking Features Assigned, Underground, Side By Side

Garage Spaces 16.0

Garage Description 16.0

Pool None

Community Features Curbs, Street Lights, Sidewalks

View Y/N No

View None

Total Parking Spaces 16

Private Pool No

Building

Lot Description Near Public Transit, Rectangular Lot

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 2453037035

Security Features Carbon Monoxide Detector(s),Security Gate,Smoke Detector(s)

Energy Description 2869.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Susan Featherly Better Homes and Gardens Real Estate Town Center 818-823-7443, DRE #01445745
NEARBY SCHOOLS & PROPERTIES
Tatiana Batmanian

Tatiana Batmanian

Director, Estates Division License ID: 01986103

+1(818) 726-2663

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316 E Elmwood