198 W Elmwood Burbank, CA $ 2,495,000
198 W Elmwood
$ 2,495,000
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198 W Elmwood

Burbank, CA, 91502
$ 2,495,000
Baths1.0 Sq 4,804

Monthly Estimate*

$ 15,362

Listed by Trinity Real Estate & Investme
198 W Elmwood, Burbank, CA 91502 - Image 1
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198 W Elmwood, Burbank, CA 91502 - Image 8
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198 W Elmwood, Burbank, CA 91502 - Image 17
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Studio

Multi-Family Home for sale in Burbank, CA

for $2,495,000 with 1 full bath. This 4,804 square foot home was built in 1953 on a lot size of 0.1725.

Amazing 6 unit apartment building in excellent high demand area with no rent control in desirable Burbank. All units are 2 bedrooms, 1 bath with spacious light & bright living room, nice size kitchen with dining area, all dual pane windows, recessed lighting, lots of closet space & good size rooms. The building itself is well maintained and has newer roof, mostly copper plumming, some newer sewer lines, 6 covered parking spots and laundry room. All this comes with desirable location close to Downtown Burbank with its restaurants, cafes, mall & movie theaters. Two of the units are ready for your market rent tenants

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Multi-Family Active

Price

$ 2,495,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1725

Year Built

1953

Town/City

Burbank

County/Region

Los Angeles

MLS | Web ID

GD26010495

Days on Market

5

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Sewer Connected Water Connected
Roof Composition
Appliances Dishwasher Free-Standing Range Gas Range Gas Water Heater Refrigerator Range Hood
HOA Fee 0
Garage Spaces 6
Pool Features None
Construction Materials Unknown
Year Built 1953
Electric Standard
View Neighborhood Trees/Woods
Stories Count 2
Levels Two
Property Subtype Mixed Use
Gross Income 157020
Community Features Sidewalks
Accessibility Parking See Remarks
County Los Angeles
Net Operating Income 116462
Operating Expense 40558
Insurance Expense 7735
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 3400
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions between Olive and Alameda
City Burbank
Entry Location front
Senior Community Y/N false
Number Of Units Total 6
MLS Area 610 - Burbank
Lot Size Units Square Feet
Lot Size Square Feet 7513
Carport Y/N true
Number of Units Leased 4
Listing Terms Cash Cash to New Loan
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 154
Trash Expense 2000
Water Sewer Expense 2059
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 18
Total Actual Rent 8445
Property Sub Type Additional Mixed Use
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Interior
Interior Amenities Ceiling Fan(s) Walk-In Closet(s)
Flooring Laminate Tile Wood
Fireplace Features None
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area
Entry Level 1
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Exterior
Fencing Wrought Iron
Parking Features Carport
Lot Features Front Yard Sprinkler System
Water Source Public
Total Parking 6
Inclusions 6 stoves 4 frig 3 dishwasher
Lot Size Area 7513
Number of Buildings 1
Building Area Total 4804
Lot Size Acres 0.1725
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 6
Number of Separate Gas Meters 6
Number of Separate Electric Meters 6
Road Frontage Type City Street
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* Excluded Features
List By
Trinity Real Estate & Investme

Broker

Silviaragheb@realtytrinity.com

Email

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$15,362
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Monthly Principal & Interest
$15,362
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/17/2026$2,495,000 0.40% Price Up
1/16/2026$2,485,000 Listed Price

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198 W Elmwood, Burbank, CA, 91502 is a Multi-Family Home for sale at $2,495,000 with 4,804 sqft and a lot size of 0.1725. 198 W Elmwood is a studio with 1.0 baths and was built in 1953. The property's zip code is 91502 which is in Burbank, CA