Do Real Estate on the Go!
- Overview
- Description
- Property Details
- Location
Do Real Estate on the Go!
Download App
Street View
Listed by: Roderick 'Rick' Raymundo (213) 943-1855 DRE #01357019 | Marcus & Millichap (818) 212-2700
$9,100,000
48 Beds
48 Baths
23,440sqft
515 E Elmwood Ave, Burbank, CA 91501
$9,100,000
Get Pre-Approved
Multi Family
Built in 1987
$-- HOA
18,295 sqft lot
$388/sq.ft
Description
Constructed in 1987, the property consists entirely of two bedroom/two bathroom units. Situated north of Glenoaks Boulevard in the foothills of the Verdugo Mountains, the property allows tenants convenient access to Downtown Burbank and the Burbank Town Center shopping mall. Due to the fact that the property is subject only to Burbank's local rent ordinance, a new owner may be able to recapture the rent upside and keep pace with improving rent growth via higher allowable rent increases, when compared with other assets subject to Los Angeles rent control. An investor can enjoy additional income via the landlord-owned laundry facilities as well as pet rent collected from te...
Continue Reading- Houzeo last checked: 57 Minutes ago
- Listing updated: November 21, 2025 at 8:17 am
- Source: California Regional MLS-CA | MLS#: 25618945
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1987
HOA Fees
-
Finished Area
23,440 sqft
Lot Size
18,295 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25618945
MLS Status
Active
Days on Market
24
Love this home?
Here's 4 things you can do
Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services, Consumer Protection Notice.
