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12-Unit Tudor Apartment Buildings
For Sale
$4,500,000

455 - 457 W Elm, Burbank, CA 91506

Two courtyard buildings feature mature landscaping, brick detailing, and a distinctive residential setting.

Property Size9,528 SF
Price / SF$472.29
Days on Market8

Property Features for 455 - 457 W Elm

General Information

Standard status Active
Size 9,528 SF
Property subtype Apartment

Financials

Asking Price $4,500,000
Gross Income $312,300
Average Monthly Rent $2,123

Additional Details

Multifamily Units 12

Building Details

Building Size 9,528 SF
Year Built 1953
Buildings 2
Construction Tudor-style
Listing Agency: Century 21 Masters
Listed By: Scott Pinkerton · License #01338387
Source: Archetyperealty
Added: Aug 3 Changed: Aug 9 Last Checked: Aug 9 at 9:44AM

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 Century 21 Masters

Investment Insights

Based on property information with market context.

This 12-unit apartment property comprises two Tudor-style residential buildings totaling approximately 9,528 square feet. Constructed in 1953, the buildings are arranged around a courtyard and include mature landscaping, brick architectural details, and a defined residential character. The configuration provides a cohesive setting across the two-building property while retaining distinct architectural elements.

The property is located at 455–457 W Elm Avenue in Burbank, California, within the Rancho Adjacent submarket. Reported financial information includes a 4.32% capitalization rate based on stabilized operations. The property is presented as a multifamily asset with existing residential improvements and a courtyard-oriented layout.

Key Highlights

  • 12‑unit apartment property at 455–457 W Elm Avenue
  • Approximately 9,528 square feet across two residential buildings
  • Tudor‑style architecture with brick detailing

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Travel Agency Tanning Salon Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

1,731
Businesses Nearby

Demographics for 91506, CA

19,338
Population
8,530
Households
2.3
Avg Household Size
43
Median Age
47%
College-Educated
94%
High-School Grad
2.4 sq mi
ZIP Area
8,058
Density / Sq Mi
$107,171
Median Household Income
$60,017
Median Earnings
$1,913
Median Rent
$1,055,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two courtyard buildings feature mature landscaping, brick detailing, and a distinctive residential setting.
Where is this apartment building located?
The property is located at 455 - 457 W Elm Burbank, CA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 12‑unit apartment property at 455–457 W Elm Avenue; Approximately 9,528 square feet across two residential buildings; Tudor‑style architecture with brick detailing
More about this property
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