Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
Listed by Better Homes and Gardens Real Estate Town Center, Susan Featherly, George Micalchuck Listing Contact: 818-848-2888

$4,750,000

316 E Elmwood, Burbank CA, 91502

Price per sqftN/A
Built in1989
Property typeMulti-family

Overview

Active

Listed Nov 10, 2026

Updated 3 days 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
CRBB26241354

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.17 Acres

Other Property Details

Garage
Yes
MLS provider logo

Listed by Better Homes and Gardens Real Estate Town Center, Susan Featherly DRE:01445745, George Micalchuck
Listing Contact: 818-848-2888 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Absolute Realty | CA DRE# 02179433 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than The Absolute Realty | CA DRE# 02179433 are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

©2026 MLS Listings, Inc. All rights reserved. 2026

Data last updated 4:20 AM UTC, 11/11/2026

 

 

Powered by Luxury Presence