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9,420 sqft

$4,750,000

316 E Elmwood, Burbank CA, 91502

Price per sqft$504.25
Built in1989
Property size9,420 sqft
Property typeCondominium
Listed by Susan Featherly CA DRE# 01445745 with Better Homes and Gardens Real Estate Town Center 818-823-7443

Overview

Active

Listed Nov 10, 2026

Updated 44h ago

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.

$31,602/mo

Est. mortgage payment based on a $4,750,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
BB26241354

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.17 Acres

Other Property Details

Maintenance Expense
$17,539
Garage
Yes
55+/Senior Community
No

Also listed on CLAW

MLS provider logo

Listed by Susan Featherly CA DRE# 01445745 with Better Homes and Gardens Real Estate Town Center 818-823-7443

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/11/2026. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 11/11/2026 at 4:37 AM UTC Last Checked: 4:37 AM UTC

 

 

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