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6-Unit Multifamily Property

198 W Elmwood Burbank, CA 91502

198 W Elmwood, Burbank, CA, 91502
$2,395,000
For Sale
$2,395,000

Six separately metered 2-bedroom, 1-bath units with covered parking and an on-site laundry room.

Days on Market84

Property Features for 198 W Elmwood

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1953
Listing agency
Listed by Silvia Ragheb
Source Elliman
Added: Apr 29 Updated: Jul 20 at 8:31PM Checked: Jul 20 at 8:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Silvia Ragheb


Investment Insights

Based on property information with market context.

This well-maintained six-unit multifamily property features six spacious 2-bedroom, 1-bath units. Each unit includes bright living rooms, well-sized kitchens with dining areas, generous bedrooms, and ample closet space. The building has a newer roof and includes partial copper plumbing. An on-site laundry room is provided with owned machines, and the property offers six covered parking spaces.

The property is located in Burbank, less than one mile from Downtown Burbank, with convenient access to shopping, dining, cafés, entertainment, and Burbank Town Center. Nearby employment includes Walt Disney Studios and Warner Bros., and the area is also close to major freeway connections to provide regional connectivity.

Utilities are separately metered for gas and electricity, supporting independent tenant billing across the building’s units.

Key Highlights

  • 1953‑built 6‑unit multifamily in Burbank with six 2‑bedroom, 1‑bath units
  • Separate gas and electricity meters for the units
  • Newer roof and partial copper plumbing reported

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

(Bike/Boat/Book/etc) Store Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store Bed & Breakfast Farmer's Market Restaurant Butcher Mobile Phone Store Pet Grooming Service (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Apartment building - Six separately metered 2-bedroom, 1-bath units with covered parking and an on-site laundry room.
Where is this apartment building located?
The property is located at 198 W Elmwood Burbank, CA.
What is the asking price?
The asking price for this property is $2,395,000.
What are key features of this property?
This property features: 1953‑built 6‑unit multifamily in Burbank with six 2‑bedroom, 1‑bath units; Separate gas and electricity meters for the units; Newer roof and partial copper plumbing reported
Contact an agent
More about this property
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