Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    515 E Elmwood Ave Burbank, CA 91501

    For Sale
    $9,100,000

    Commercial property available for sale in Burbank, California.

    Lot size:
    0.42 Acres

    Property Features for 515 E Elmwood Ave

    General Information

    Lot size
    0.42 Acres

    Building Details

    Year built
    1987

    Source: Marcus & Millichap

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Burbank Commercial Property for Sale

    A commercial property located at 515 E Elmwood Ave, Burbank, CA 91501 is available for sale. The property is listed for $9,100,000.
    Location Intelligence

    Current Use by Public Records

    ASKO INC General Store Edward Mann Design Engineer

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Burbank
    County
    Los Angeles
    State
    California
    Longitude
    -118.297721
    Latitude
    34.179785

    Nearby Similar for Sale

    • $2,295,000
      5,600 SF

      Burbank Retail Property For Sale

      Four-unit retail property in Burbank's Northwest District near major studios.
      4306 W Victory Blvd, Burbank, CA 91505
      View Details
    • $2,349,000
      3,186 SF

      Burbank Triplex with Income Potential

      Single-family residence with ADU and Jr ADU in Burbank.
      914 N Catalina St, Burbank, CA 91505
      View Details
    • $2,345,000
      3,420 SF

      Newly Constructed Burbank Quadruplex

      Four-unit property with new ADUs and remodeled front house.
      1504 N California St, Burbank, CA 91505
      View Details
    • $1,942,418
      3,225 SF

      Burbank Commercial Property in Magnolia

      Versatile commercial property in a dynamic, walkable Burbank corridor.
      4708 W Magnolia Blvd, Burbank, CA 91505
      View Details
    • $4,200,000
      11,260 SF

      Burbank Multifamily Investment Opportunity

      14-unit apartment building in a desirable Burbank rental market.
      233 N Hollywood Way, Burbank, CA 91505
      View Details
    • $4,695,000
      10,020 SF

      Burbank Eight-Unit Apartment Building

      Eight-unit apartment building in Burbank with mountain views.
      638 E Tujunga Ave, Burbank, CA 91501
      View Details

    FAQs

    What type of property is this?
    1031 exchange property - Commercial property available for sale in Burbank, California.
    Where is this 1031 exchange property located?
    The property is located at 515 E Elmwood Ave Burbank, CA.
    What is the asking price?
    The asking price for this property is $9,100,000.
    What are key features of this property?
    This property features: - Year Built: 1987; - Price: $11
    (213) 943-1855
    Request Owner's contact information
    515 E Elmwood Ave Burbank, CA 91501
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    515 E Elmwood Ave
    Burbank, CA 91501
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    515 E Elmwood Ave Burbank, CA 91501
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.