Properties
Glendale, CA 91201 1052 Elm Avenue
$3,750,000
29 more
Presented By: Justin McCardle with Growth Investment Group Pasade; 310-606-0192
Baths • 1
SQFT • 9,716
Garage • 8
Home Details
Presenting a solid investment opportunity, this two-story apartment complex features ten consistent 2-bedroom, 1-bathroom units. Located in a desirable residential area, the property offers a low-maintenance profile with recent upgrades, including new underground pipes and a newer roof. The 9,716 SF building, positioned on a 7,973 SF lot, provides ample living space. Tenants benefit from individual utility metering and a shared laundry facility. 12 parking spaces are provided. Select units showcase modern upgrades such as updated flooring, smooth ceilings, recessed lighting, granite countertops, and updated kitchen cabinets.
Presented By: Justin McCardle with Growth Investment Group Pasade; 310-606-0192
Interior Features for 1052 Elm Avenue
Other Interior Features
Common Walls2+ Common Walls
Laundry FeaturesCommon Area
Total Stories3
Other Rooms
Entry Level2
General for 1052 Elm Avenue
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate4.62
CityGlendale
Community FeaturesSuburban
CountyLos Angeles
DirectionsSouth of Glenoaks Blvd, north of San Fernando Rd
Electric Expense3600
Entry Location2nd Level
Fuel Expense3000
Garage Spaces8
Garage Y/NYes
Gross Income252900
Insurance Expense4800
Land Lease Y/NNo
Listing Terms1031 Exchange
Lot Size Square Feet7976
Lot Size UnitsSquare Feet
MLS Area626 - Glendale-Northwest
Net Operating Income170969
New ConstructionNo
Number Of Units Total10
Open Parking Spaces4
Operating Expense76322
Pool FeaturesNone
PostalCityGLENDALE
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot30
Trash Expense5148
Water Sewer Expense3600
Year Built1963
Year Built SourceAssessor
ZoningGLR4YY
Exterior for 1052 Elm Avenue
Building Area Total9716
Lot Features6-10 Units/Acre
Lot Size Acres0.1831
Lot Size Area7976
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters10
Number of Separate Gas Meters10
Number of Separate Water Meters1
Private PoolNo
Total Parking12
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
