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$2,495,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 19 hours ago
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Amazing 6 unit apartment building in excellent high demand area with no rent control in desirable Burbank. All units are 2 bedrooms, 1 bath with spacious light & bright living room, nice size kitchen with dining area, all dual pane windows, recessed lighting, lots of closet space & good size rooms. The building itself is well maintained and has newer roof, mostly copper plumming, some newer sewer lines, 6 covered parking spots and laundry room. All this comes with desirable location close to Downtown Burbank with its restaurants, cafes, mall & movie theaters. Two of the units are ready for your market rent tenants

Full Property Details for 198 W Elmwood

General

  • Price: $2,495,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: GD26010495
  • Updated: 1/16/2026
  • Days on Market: 2 days
  • Added to Site: 2 day(s) ago

Interior

  • Rooms/Areas: Kitchen, Living Room, Walk-In Closet
  • Interior Features: Ceiling Fan(s)
  • Fireplace(s): None
  • Appliances: Dishwasher, Free-Standing Range, Gas Range, Gas Water Heater, Range Hood, Refrigerator
  • Flooring: Laminate, Tile, Wood

Rooms

Other Rooms

  • Laundry: Common Area

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 6
  • Parking Features: Carport
  • Parking: Carport

Location

  • Area: 610 - Burbank
  • County: Los Angeles
  • Development Name: 610 - Burbank
  • Driving Directions: between Olive and Alameda

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 6
  • # Gas Meters: 6
  • # Electric Meters: 6

Structural Information

  • Roof: Composition
  • Entry Location: front
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 4,804
  • Year Built: 1953

Unit Information

Unit 1

  • Number of Units: 6
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Property View: Neighborhood, See Remarks, Trees/Woods
  • Lot Size (Acres): 0.1725
  • Lot Size (Sq. Ft.): 7,513
  • Lot Size Source: Assessor
  • Lot Description: Front Yard, Sprinkler System

Financial Considerations

  • Price Per Sq. Ft.: $519.36
  • Price Per Unit: 415833

Disclosures and Reports

  • Inclusions: 6 stoves, 4 frig, 3 dishwasher

Listed by Trinity Real Estate & Investme, Silvia Ragheb

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Listing agent

— 198 W Elmwood —

  • Silvia Ragheb

    Trinity Real Estate & Investme

818-281-0478

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 198 W Elmwood

School District:Burbank Unified School District
NameGradesDistance
William Mckinley Elementary School, Burbank, CA
349 West Valencia Avenue, Burbank, CA 91506
K-50.4 mi
Dolores Huerta Middle
420 South Mariposa Street, Burbank, CA 91506
6-80.7 mi
Burroughs High School, Burbank, CA
1920 West Clark Avenue, Burbank, CA 91506
9-121.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 198 W Elmwood Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/16/2026
Price Increased
$2,495,000
0.4%
MLS
1/15/2026
Listed
$2,485,000
28.43%
MLS
10/22/2019
Sold
$1,934,950
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 198 W Elmwood

Year
Property Taxes
Change
Tax Assessment
Change
2025
$24,611
4%
$2,132,605
4%
2023
$23,599
5%
$2,049,795
2%
2022
$22,547
—
$2,009,604
2%
2021
$22,455
1%
$1,970,201
1%
2020
$22,223
332%
$1,950,000
393%
2019
$5,144
3%
$395,523
2%
2018
$5,018
3%
$387,769
2%
2017
$4,879
4%
$380,167
2%
2016
$4,692
2%
$372,714
2%
2015
$4,608
-1%
$367,117
2%
2014
$4,636
1%
$359,926
—
2013
$4,592
—
$358,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Trinity Real Estate & Investme, Silvia Ragheb

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198 W Elmwood, Burbank, CA 91502 (MLS# GD26010495) is a Multi-Family property with 6 units containing 0 bedrooms and 0 full bathrooms. 198 W Elmwood is currently listed for $2,495,000 and was received on January 15, 2026. Want to learn more about 198 W Elmwood? Do you have questions about finding other Multi-Family real estate for sale in Burbank? You can browse all Burbank real estate or contact a Coldwell Banker agent to request more information.

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