455 - 457 W Elm, Burbank, CA 91506

Burbank
Local realty services provided by:ERA Carlile Realty Group
455 - 457 W Elm,Burbank, CA 91506
$4,250,000
  • - Beds
  • - Baths
  • 9,528 sq. ft.
  • Multi-family
  • Active
Listed by: scott pinkerton, jeff simon
Office: century 21 masters855-732-5500
MLS#:SR26169083
Source:CRMLS

Price summary

  • Price:$4,250,000
  • Price per sq. ft.:$446.05

About this home

Amazing opportunity to acquire 455-457 W Elm Avenue, a 12-unit multifamily investment property located in Burbank’s 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...

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Home facts

  • Year built:1953
  • Listing ID #:SR26169083
  • Added:53 day(s) ago
  • Updated:September 26, 2026 at 10:50 AM

Rooms and interior

  • Living area:9,528 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units

Structure and exterior

  • Year built:1953
  • Building area:9,528 sq. ft.
  • Lot area:0.33 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,250,000
  • Price per sq. ft.:$446.05

Parking

  • Total parking spaces:6
  • Garage:Yes
  • Garage spaces:6
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