1060 Elm Avenue, Glendale CA, 91201

Sold

1060 Elm Avenue

Glendale CA, 91201

$7,450,000

$493.05 per sqft

Sold

15,110 sqft

Condo

Built in 1977

Listed by Handoko Chen with GIG Real Estate Inc. 626-594-4901

1060 Elm Avenue, a value-add 21-unit apartment located in the highly desirable city of Glendale, bordered by the City of Burbank. The property offers superb location with access to many amenities, within walking distance to IKEA Burbank, Burbank Downtown, many shopping centers, close to schools, parks, local and national retailers, dining and upscale shopping, entertainment, and easy access to freeways (5 FWY and 134 FWY). The property has been in the same ownership since 2003 and most of the tenants are long-time tenants that are on month-to-month lease. This provides significant upside potential to add value by increasing rent and return.

AR21147178

MLSⓇ ID

July 6, 2021

Listed

February 10, 2024

Updated

Map

1060 Elm Avenue
Glendale CA, 91201

Interior Features

Total Stories: 2
Laundry Description: Common Area
Fireplace: Yes
Fireplace Description: None
Cooling: Yes
Cooling Description: Wall/Window Unit(s)
Heating: Yes
Heating Description: Wall Furnace

Exterior/Building Features

Lot Size: 0.36 Acres
Lot Features: Level, Near Public Transit, Rectangular Lot
Sewer: Public Sewer

Other Property Details

Area Name: 626 - Glendale-Northwest
Days on Market: 98
Garage: Yes
Garage Spaces: 31
Parking: Covered
Parking Total: 31
View: No
County: Los Angeles
Water Source: Public
Pool: No
Pool Features: None
Zoning: GLR4*
Buyer Agency Compensation: 1%

Listing Contact: 626-594-4901

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/10/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 2/10/2024 at 7:00 AM UTC