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242 East Elmwood Avenue, Burbank, CA 91502 Property Information

242 East Elmwood Avenue, Burbank, CA 91502 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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242 East Elmwood Avenue, Burbank, CA 91502
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Address

Primary address 242 East Elmwood Avenue, Burbank
Zip code 91502
County Los Angeles
Municipality Burbank

Sales & Tax Overview for 242 East Elmwood Avenue, Burbank

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 04/01/2013
Sale price $2,100,000
Arm's length
Current property tax $30,766

Lot & Building Information for 242 East Elmwood Avenue, Burbank

Building sqft 11,172
Building class Five or More Apartments or Units - 4 Stories or Less (0500)
Acreage 0.166
Units 8
Year built 1987
Year last altered 1988
Stories 4
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Weed hazard No
School district Burbank Unified School District

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Other Property Data for 242 East Elmwood Avenue, Burbank

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About 242 East Elmwood Avenue, Burbank

What is the year built & the total sq. ft. for 242 East Elmwood Avenue, Burbank, CA 91502?

242 East Elmwood Avenue, Burbank, CA 91502 was built in 1987 and has a total of 11,172 square feet.

What is the assessed value of 242 East Elmwood Avenue, Burbank, CA 91502 and the property tax paid?

Assessed at $2,637,705, the tax amount paid for 242 East Elmwood Avenue, Burbank, CA 91502 is $29,223.

When was 242 East Elmwood Avenue, Burbank, CA 91502 last sold?

242 East Elmwood Avenue, Burbank, CA 91502 was last sold in 04/01/2022.

How many residential units does this building have?

This building has 8 residential unit(s).

Ownership Information

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Real Estate Reports:
Lucian Alixandrescu, May 27, 2026 NYC Office Market Ahead of National Curve: Manhattan Q1 Vacancy Drops to 13.1% 
New York City’s office market outpaced the U.S. on several major metrics in Q1, with Manhattan vacancy nearly 5 percentage points below the national benchmark, asking rents climbing against a downward national trend and flex inventory crossing 15 million square feet.
Laura Pop-Badiu, May 21, 2026 How to Find Land Boundaries: Free & Paid Methods
If you need to find land boundaries fast, you can start with a free county parcel/GIS viewer or a premium platform like PropertyShark to see an approximate parcel outline and lot data. However, keep in mind that a web-based land boundaries map is a starting point, not the legal finish line.
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
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Past Sales & Property History for 242 East Elmwood Avenue, Burbank

Create a free account to view the complete sales history for 242 East Elmwood Avenue, Burbank, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
04/01/2013 $2,100,000

Title Documents for 242 East Elmwood Avenue, Burbank

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Date Type Amount Party 1 Party 2 Maturity Document Doc image
04/01/2022 Trust Transfer Deed
(File correction - Single parcel sale)
04/01/2013 Deed
(Sale for consideration - full DTT - Single parcel sale)
               
               
               
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R: Recorded date
D: Document date

Property Taxes for 242 East Elmwood Avenue, Burbank

Access detailed property tax data for 242 East Elmwood Avenue, Burbank, CA 91502. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Base tax $29,223
Current property tax $30,766
Market value $2,637,705

Special Assessments And Penalties for 242 East Elmwood Avenue, Burbank

Special Assessments

Abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments are applicable for this property.

Code Description Tax levied
06181 Greater L.A. County Vector Control District
00194 Health License Fees
03694 La County Regional Park And Open Space District
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs

Assessment History for 242 East Elmwood Avenue, Burbank

Here's the assessment & property tax history for 242 East Elmwood Avenue, Burbank, including the evolution of the total tax rate and corresponding property tax.

Year Assessment value Total tax rate Property tax Year over year change
2025-2026 $2,637,705 1.1079 $29,223 +2.96%
2024-2025 $2,585,987 1.0976 $28,384 +1.11%
2023-2024 $2,535,282 1.1073 $28,073 +4.81%
2022-2023 $2,485,572 1.0776 $26,785 +0.26%
2021-2022 $2,436,836 1.0963 $26,715 +1.10%

Permits for 242 East Elmwood Avenue, Burbank

The complete history of permits filed for 242 East Elmwood Avenue, Burbank, including new construction or demolition permits, complaints, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Issued Permit Type Sub type Valuation Expires Status
08/25/2022
08/25/2022
08/22/2018
             
             
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Burbank residential market stats

Median Sale Price
$1,150,000
-1.4% YoY
Median Price/Sqft
$809
1.3% YoY
Los Angeles County Median Sale Price
$872,000
0.2% YoY

Access a detailed real estate market overview of Burbank so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Burbank and compare it to other neighborhoods in Los Angeles County.

Check out recently sold homes in Burbank and see how their prices compare.

Demographics by Zip Code

Total population 11,652
Median age 36
Average household income $89,045
Family households 46.4%
Occupied housing units 5,448
Owner occupied units 10.0%
Average number of people per household 2.13
Median year structure built 1978
Median value for units with a mortgage $1,002,300
Median value for units without a mortgage $710,800

Risk

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Faults and tsunami inundation zone map
Landslides and liquefaction map

Transportation

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Neighbors for 242 East Elmwood Avenue, Burbank

Here are the neighbors for 242 East Elmwood Avenue, Burbank.

Address Square feet Purchase date Purchase price
238 E Elmwood Ave, Burbank 1,968 04/13/2012 $950,000
302 E Elmwood Ave, Burbank 9,392 10/24/2014 $2,600,000
800 S San Fernando Blvd, Burbank 6,580 12/07/2021 $3,100,000
306 E Elmwood Ave, Burbank 1,660 04/06/2026
801 S Glenoaks Blvd, Burbank 2,950 06/12/2015 $1,000,000
833 S Glenoaks Blvd, Burbank 2,000 12/20/2007
810 S San Fernando Blvd, Burbank 03/19/2019 $7,797,000
304 E Elmwood Ave, Burbank 5,177 07/05/2016
320 E Elmwood Ave, Burbank 1,193 01/31/2003
817 S Glenoaks Blvd, Burbank 762 04/18/2017
811 S Glenoaks Blvd, Burbank 6,912 10/10/2024
819 S Glenoaks Blvd, Burbank 770 04/14/2022
322 E Elmwood Ave, Burbank 2,590 08/30/2010 $1,250,012
821 S Glenoaks Blvd, Burbank 1,500 05/07/2003
813 S Glenoaks Blvd, Burbank 1,818 05/23/2019
310 E Elmwood Ave, Burbank 10,064 08/16/2023
219 E Valencia Ave, Burbank 1,294 05/14/2020
324 E Elmwood Ave, Burbank 2,334 08/30/2010 $1,250,012
316 E Elmwood Ave, Burbank 9,410 01/05/2018
257 E Valencia Ave, Burbank 23,206 04/07/2023 $10,270,000

Nearby ZIP Codes for 242 East Elmwood Avenue, Burbank

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