Pristine, well kept bungalow court in prime Burbank. Four 1 bedroom/1bath units, each with eat-in-kitchen and laundry room. There are four garages at the back of the property facing the alley. This well-located complex is fully occupied with month-to-month tenants. 225 and 229 E Elmwood are to be sold together $2,650,000 (for a total of 8 units). Buyer to cooperate with 1031 exchange at no cost. Write offer subject to interior inspection. Drive-by only. The city of Burbank is a highly desirable rental market and is known as the media capital of the world. It is home to Disney Studios, Warner Brothers, and NBC.The city has over 80 restaurants, 30 movie screens,and 200 stores; its residents enjoy top ranked schools, easy access to the 5 and 134 freeways, and close proximity to the Burbank Metro Link. The property is separately metered for utilities. Please do not disturb tenants. Information deemed reliable but not guaranteed.
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