447 W Elk Avenue, Glendale, CA 91204

$5,550,000 Approx. USD 24 beds, 25 baths
12,704 sqft

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Brochure

Photo of Ed Solorzano

Marketed By Ed Solorzano REALTOR® - Sales Associate 310-990-6252 m
310-777-2863 o
Lic#: 01276829
NRDS ID: 175511657
solorzanorealtor@gmail.com Beverly Hills Office
131 South Rodeo Drive, Ste. 100
Beverly Hills, CA 90212
Phone: 310-777-7800
Fax: 310-858-1295

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Agent Remarks

Located at 447 W Elk Ave in Glendale, CA, this well-maintained 16-unit apartment community offers investors a stabilized multifamily asset in one of Los Angeles County's most desirable rental submarkets. COnstructed in 1964, the +/-12,704 square foot building features a diverse unit mix comprised of (8) one-bedroom/one-bathroom units, (4) two-bedroom/one-and-a-half bath units, and (4) two-bedroom/two-bath units, catering to a broad tenant demographic. Ownesrhip has managed the property effectively, and current operations reflect performance near market rents, providing immediate income with potential for incremental upside. Situated in a convenient Glendale location, the property benefits from proximity to major employment hubs, retail corridors, and entertainment destinations throughout Glendale and neighboring Burbank. Residents enjoy easy access to The Americana at Brand, Glendale Galleria, and a wide variety of dining options, while commuters benefit from close connectivity to the 5 and 134 freeways. The surrounding neighborhood offers a strong blend of urban convenience and residential appeal, making this property an attractive option for long-term renters seeking quality housing in a high-demand market.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26657803

Price: $5,550,000

Beds: 24

Baths: 25

Built in 1964

12,704 sqft

0.29 acres

Lot size: 0.2871

County: Los Angeles