316 E Elmwood, Burbank, CA — listing photo 1
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FOR SALENew Listing

316 E Elmwood

Burbank, CA 91502
7,227 Lot Sq Ft
Built 1989
$4,750,000

Property Overview

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.

Home Details

Property type
Residential Income - Apartment
Year built
1989
Lot size
7,227 sq ft
Parking
16 spaces
Garage
16 spaces
Stories
2
Days on market
0
MLS status
Active

Features & Amenities

Appliances

  • Dishwasher
  • Gas Range
  • Refrigerator

Parking

  • Assigned
  • Underground
  • Side By Side

Pool

  • None

Lot

  • Near Public Transit
  • Rectangular Lot

Security

  • Carbon Monoxide Detectors
  • Security Gate
  • Smoke Detectors

Community, Schools & Utilities

Community

View
None

Utilities

Heating
Central
Cooling
CentralAir
Water
Public
Sewer
PublicSewer
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Location & Neighborhood

316 E Elmwood

Burbank, CA 91502

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Frequently Asked Questions About 316 E Elmwood

Property type: Residential Income

The current asking price is $4,750,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 316 E Elmwood. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1989. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Burbank, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Burbank property.
The MLS currently reports the property as Active. It has been listed for 0 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Susan Featherly
MLS ID: B36919

Available property

$4,750,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.