Listing Courtesy of: CRMLS / Listed By: Scott Pinkerton, Century 21 Masters; Jeff Simon, Woodland Hills - Contact: 818-621-7732
455 - 457 W Elm Burbank, CA 91506
Active (3 Days)
$4,500,000 (USD)
9,528
SQFT
Description
MLS #:
SR26169083
SR26169083
Lot Size
0.33 acres
0.33 acres
Type
Multifamily
Multifamily
Year Built
1953
1953
County
Los Angeles County
Los Angeles County
Listed By
Scott Pinkerton, DRE #01338387 CA, Century 21 Masters, Contact: 818-621-7732
Jeff Simon, DRE #01198168 CA, Century 21 Masters
Jeff Simon, DRE #01198168 CA, Century 21 Masters
Source
CRMLS
Last checked Aug 6 2026 at 4:52 PM GMT+0000
CRMLS
Last checked Aug 6 2026 at 4:52 PM GMT+0000
Bathroom Details
Interior Features
- Laundry: Common Area
- Laundry: Laundry Room
Heating and Cooling
- Wall/Window Unit(s)
Utility Information
- Utilities: Water Source: Public
- Sewer: Public Sewer
Additional Information: Woodland Hills | 818-621-7732
Location
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
%
Interest rate
%Mortgage calculator estimates are provided by C21 Masters and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of {8/6/26 09:52} and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.
desirable Rancho Adjacent submarket.
A Distinctive 12-Unit Multifamily Investment in the Heart of Burbank
The property consists of approximately 9,528 square feet across two well-maintained, Tudor-style residential buildings. The courtyard-style
configuration, mature landscaping, brick detailing, and distinctive architectural character contribute to an inviting residential environment and strong
curb appeal.
The property generates approximately $312,300 in annual gross income. Based on stabilized expenses of $117,749, the offering produces an estimated
stabilized net operating income of $194,551. At the $4,500,000 asking price, the property is offered at a 4.32% capitalization rate, $375,000 per unit, and
approximately $472.29 per square foot.
Current residential rents average approximately $2,123 per unit per month, excluding garage income, compared with a reported submarket median of
approximately $2,350 for comparable two-bedroom, one-bathroom units. This difference may provide an opportunity for future rental growth through
natural turnover, subject to applicable rent regulations, market conditions, unit condition, and buyer verification. Please do not disturb the tenants or walk on property.