1160 Elm Avenue

Glendale, CA 91201

  • 54 Bed(s)
  • 0 Bath(s)
  • 27,165 Sqft
  • 26333
    Sqft(Lot)
$12,500,000

Description

We are pleased to present 1160 elm avenue, a thirty-four-unit multifamily investment opportunity located in the grandview neighborhood of glendale. this value-add opportunity will be delivered with seven vacant units that will allow the next investor to captured significant rental upside through the implementation of an interior and exterior renovation program. constructed in 1986, the asset comprises sixteen two-bedroom/one-and-half-bathroom units, four two-bedroom/one-bathroom units, and fourteen one-bedroom/one-bathroom units spread across four structures. all units have separate meters for gas and electricity, individual water heaters, and 60 amps of power. the property has gated entry, an on-site laundry room with two washers and two dryers, 56 parking spaces, and a vacant recreation room that is used as storage but can potentially be converted into an adu. the property sits on a 26,325 square foot lot and is zoned r2250, making the existing thirty-four units irreplaceable with the current zoning. situated just north of glenoaks blvd and east of alameda ave, 1160 elm is within 2 miles of burbank's media city center and less than 1 mile from ikea. glenoaks blvd is a major thoroughfare that runs through glendale, burbank, sun valley, and into northeast san fernando valley. tenants can benefit from a variety of retail and places of business along this corridor. commuters are within five minutes from the nearest on-ramp to the i-5 freeway, offering ease of access to the 134 freeway, burbank, los feliz, atwater and downtown los angeles.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49602523

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Property Details

  • Bedroom Information

    • Total Bedrooms : 54

    Bathroom Information

    • Total Baths: 50
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Property Appliances: Disposal

    Heating Source

    • Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1986
    • Building Area Total: 27,165

    Laundry Features

    • Laundry Room

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.6045
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 26333

  • Listing Price Information

    • Original List Price: 12,500,000
    • Listing Contract Date: 2025-05-02

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 5621034029

  • Garage and Parking

    • Garage Description: Covered

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 626 - Glendale-Northwest
    • Directions: 134 East to exit 3 Bob Hope Drive toward Buena Vista St. turn left onto Bob Hope Drive, turn right on Alameda Ave., turn right on Glenwood Rd., turn right onto Elm Ave. Property is on the left.
    • Zoning: GLR4*
    • Source Property Type: Residential Income
    • Area: 626 - Glendale-Northwest

    Building and Construction

    • Property Age: 39
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 27165
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 05/05/2025 @ 00:35

  • MLS: 25533699
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 54 bedrooms which is for sale, it has 27,165 sqft, 26,333 sized lot, and 0 parking. are nearby neighborhoods.