Burbank, CA 91501,402 E Elmwood AVE
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Burbank, CA 91501,402 E Elmwood AVE
Burbank, CA 91501,402 E Elmwood AVE
Burbank, CA 91501,402 E Elmwood AVE
Burbank, CA 91501,402 E Elmwood AVE

$1,350,000

Est. payment /mo

$1,425,000

5.3%
Est.Price: ?

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402 E Elmwood AVE Burbank, CA 91501

6,534 Sqft Lot

SOLD DATE : 01/22/2020

Key Details

Sold Price $1,350,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PF19268432

Sold Date 01/22/20

HOA Y/N No

Year Built 1944

Lot Size 6,534 Sqft

Property Description

Back on the Market! No Rent Control in Burbank! No need for Soft Story Retrofit on this building! Wonderful Opportunity to own a Well Kept 2 story 4 Unit building in terrific area of Burbank Above Glenoaks close to restaurants & shopping. Easy to rent! Separately metered for Gas & electric paid by tenants as is trash. Each Unit has 2 bedrooms and 1 bath with tiled or Formica kitchen counters. 2 Units downstairs have wood flooring, 2 units upstairs have carpet over hardwood flooring. Each unit has 1 space in detached garage which could be additional rental income. Partial Copper Plumbing and electrical panel redone about 5 years ago. Water Main is Copper to the street and Sewer Line redone about 10 years ago. Tenants can use Grass yard on side yard for relaxation. Owner supplies stove, tenants own refrigerators. Perfect Opportunity to maximize income. has some deferred maintenance and better income potential.

Location

State CA

County Los Angeles

Area 610 - Burbank

Zoning BUR4*

Interior

Interior Features Ceiling Fan(s), Laminate Counters, Tile Counters

Heating Floor Furnace, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Wood

Fireplaces Type None

Fireplace No

Appliance Gas Range

Laundry None

Exterior

Parking Features Garage, Garage Faces Rear

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs, Street Lights, Sidewalks, Urban

Roof Type Composition

Total Parking Spaces 4

Private Pool No

Building

Lot Description Corner Lot, Sprinklers On Side

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5621027001

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Financing Cash to Loan

Special Listing Condition Trust

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California Regional MLS (CRMLS)
Listed by Christina Dreyer • Sotheby's International Realty
Bought with Jacqueline Tenerelli Asplund • COMPASS
agent

Shiva Ashari

Advisor | License ID: 01162632

+1(949) 278-7808

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