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.
Property Details
Property Features
Property Information:
Year Built: 1988
Stories: 3
Listing Office:
Office Name: Keller Williams Realty
Office Phone: (818) 522-1900
Listing Agent: Melina Kalachian
Interior Features
Interior Information:
Fireplace: See Remarks
Exterior Features
Exterior Information:
Private Pool: No
View: None
Parking Information:
Garage Space: 18 spaces
Parking: Gated
Lot Features
Lot Information:
Lot Size: 0.15 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
School Info
Assigned Schools Information:
Burroughs High School, Public District Grades 9-12
David Starr Jordan Middle School, Public District Grades 6-8
William Mckinley Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: Elmwood & Main St
Price Information
Listing Price Info
Price Summary:
List Price: $3,995,000
Tax Information:
Annual Amount: $14,509
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Burbank, CA.
This property is $2.8M more than the Median Sold Price in Burbank, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #P1-17542
Listing Office:
Office Name: Keller Williams Realty
Office Phone: (818) 522-1900
Listing Agent: Melina Kalachian
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/19/2024, 2:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
May 24, 2000
May 24, 2000Home Sold
$860,000
Mar 10, 1998
Mar 10, 1998Home Sold
$689,500
Feb 27, 1989
Feb 27, 1989Home Sold
$870,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$14,509
$1,221,130
2020
$13,946
$1,208,610
2019
$13,800
$1,184,913
2018
$13,486
$1,161,680
2017
$13,486
$1,138,903
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
William Mckinley Elementary School
349 W Valencia Ave
Distance between this listing and this school0.10 miles
Public District Grades KG-5
Middle School
5
/10
David Starr Jordan Middle School
420 S Mariposa St
Distance between this listing and this school0.28 miles
Public District Grades 6-8
High School
8
/10
Burroughs High School
1920 W Clark Ave
Distance between this listing and this school0.92 miles
Public District Grades 9-12
Assigned Schools
6
/10
William Mckinley Elementary School
349 W Valencia Ave
Distance between this listing and this school0.10 miles
Public District Grades KG-5
Nearby Schools
7
/10
Walt Disney Elementary School
1220 W Orange Grove Ave
Distance between this listing and this school0.73 miles
Public District Grades KG-5
8
/10
Benjamin Franklin Elementary School
1610 Lake St
Distance between this listing and this school0.92 miles
Public Magnet Grades KG-6
Assigned Schools
5
/10
David Starr Jordan Middle School
420 S Mariposa St
Distance between this listing and this school0.28 miles
Public District Grades 6-8
Nearby Schools
7
/10
John Muir Middle School
1111 N Kenneth Rd
Distance between this listing and this school2.04 miles
Public District Grades 6-8
6
/10
Eleanor J. Toll Middle School
700 Glenwood Rd
Distance between this listing and this school2.38 miles
Public District Grades 6-8
Assigned Schools
8
/10
Burroughs High School
1920 W Clark Ave
Distance between this listing and this school0.92 miles
Public District Grades 9-12
Nearby Schools
9
/10
Burbank High School
902 N 3rd St
Distance between this listing and this school1.56 miles
Public District Grades 9-12
4
/10
Monterey High (Continuation)
1915 W Monterey Ave
Distance between this listing and this school1.84 miles
The neighbors living near this home have an average income of $51,798. Residents of Burbank, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 420 W Elmwood Ave
What is the listing price of this property?
The listing price of 420 W Elmwood Ave property is $3,995,000.
What type of property is this?
The property 420 W Elmwood Ave is a condo located in Burbank, California, 91506.
Is this property for sale now?
Active Listing: 420 W Elmwood Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 420 W Elmwood Ave are: William Mckinley Elementary School: GreatSchools Rating 6/10David Starr Jordan Middle School: GreatSchools Rating 5/10Burroughs High School: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $14,509 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 24, 2000 for $860,000. (source: MLS/tax record).
Which year was this property built?
The year of construction for 420 W Elmwood Ave is 1988.
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This home is located at 420 W Elmwood Ave in Burbank, CA and zip code 91506 in the Rancho Adjacent neighborhood. This home, which was built in 1988, sits on a 0.15 acre lot. It has been listed on Rocket Homes since May 07, 2024 and is currently priced at $3,995,000.
Over 29 listings were sold over their listed price in April 2024 in Burbank, CA. In the same period over 19 listings were sold below the listed price and 6 listings were sold for the listed price. Between March 2024 and April 2024, Burbank, CA real estate market has seen decrease in the number of listings by 0.6%. Listings spent 21 days on the market in April 2024, and had a median list price of $1,121,165 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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