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Front exterior at 316 E Elmwood, Burbank, CA
Interior view at 316 E Elmwood, Burbank, CA
Photo 27 at 316 E Elmwood, Burbank, CA
For SaleActiveNew

316 E Elmwood, Burbank, CA 91502

13beds
11baths
1989
16parking

$4,750,000

About This Home

This 13-bedroom, 11-bathroom multi-family at 316 E Elmwood in Burbank, CA is listed for $4,750,000. Built in 1989, on a 0.17 acres lot.

Key Features

  • Built in 1989
  • 0.17 acre lot
  • 2 stories
  • 16 parking spaces

Property Details

2 stories
11 full
16-car garage
1989

Amenities

A/C
Listing Description

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. Please call Susan for more information.

Monthly Cost Estimate

$25,404/mo

20% down · 6.5% · 30 years

Principal$3,435
Interest$20,583
Insurance$1,385

Estimates only. Actual payments may vary.

Location

316 E Elmwood

Burbank, CA 91502

Property Details

Flooring

WoodTileCarpet

Parking

AssignedSide By Side

Heating

Central

Cooling

Central Air

Appliances

RefrigeratorGas RangeDishwasher

Questions & Answers

This 13-bedroom, 11-bathroom multi-family at 316 E Elmwood is listed at $4,750,000. The estimated monthly payment is $25,404 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1989, 0.17 acre lot, 2 stories, 16 parking spaces.

This property is listed by Susan Featherly.

SF

Susan Featherly

License 01445745

Agent at RE/MAX Town Center Realty

Listed by RE/MAX Town Center Realty · Broker phone: (818) 848-2888 · Broker website

MLS# BB26241354· Source: California Regional Multiple Listing Service, Inc· 4 days on PropertySimple

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

316 E Elmwood, Burbank, CA 91502

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