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Map
$2,909,470*
●
Multifamily -
Off Market
198 W Elmwood Avenue
Burbank, CA 91502
Studio
0 Bath
$1,796,000 - $2,194,000
Reference Base Price*
45.84%
Since Dec 1, 2019
CA-Los Angeles
Primary Model
About This Property
OPPORTUNITY KNOCKS! 6 unit apartment building in
excellent high demand area with no rent control. All units 2
bedrooms, 1 bath. Well-maintained building with same owner since
1986. Kitchens have newer appliances and granite counters,
plumbing is copper, new sewer line, dual pane windows, recessed
lighting, 1 covered carport per unit. New roof on carport.
The landscaping is immaculate and has automatic sprinkler
system. Downstairs laundry room for tenant convenience.
All have wall air conditioners and most wall heaters have
been replaced. Close to Downtown Burbank with restaurants
galore, Bob Hope Airport, Warner Bros., Disney Animation Studios,
Mall, movie theaters. The 5 freeway is very close but not too
close. THIS IS A MUST-SEE PROPERTY AND IT WON'T LAST!!
Unit Size
-
Days on Market
-
Land Size
7,510.00 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1953
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 8, 2019 | No longer available | - | |
| No longer available | |||
| Sep 23, 2019 | Price Decreased |
$1,995,000
↓ $105K
(5%)
|
|
| Price Decreased | |||
| Sep 13, 2019 | Relisted | $2,100,000 | |
| Relisted | |||
| Sep 11, 2019 | No longer available | - | |
| No longer available | |||
| Aug 20, 2019 | Relisted | $2,100,000 | |
| Relisted | |||
Show More
Property Highlights
Air Conditioning
Parking Available
198 W Elmwood Avenue
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
Multifamily
2
Beds
1
Bath
4,337 ft²
$461/ft²
$2,000,000
Mar 14, 2024
-
-
In Contract
Multifamily
8
Beds
8
Baths
4,916 ft²
$376/ft²
$1,850,000
Mar 19, 2020
-
-
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
02/12/2019
|
|
Studio
|
-
|
-
|
$1,950,000
Studio
-
|
-
-
|
-
|
-
|
Building Info
About Burbank
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Nearby Rentals
$8,995 /mo
- 4 Beds
- 4 Baths
- 2,951 ft²
$4,500 /mo
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- 1,448 ft²
