629 E Elk Avenue

Glendale, CA 91205

  • 22 Bed(s)
  • 0 Bath(s)
  • 10,700 Sqft
  • 13535
    Sqft(Lot)
$5,500,000

Description

Built in 1987 and exceptionally well-maintained, 629 e elk offers immediate curb appeal, solid in-place income, and future upside through already-initiated adu conversion plans. just minutes from the americana at brand, glendale galleria, and the fashion center, the property sits blocks from the cafs, restaurants, and office hubs that line brand boulevard. its central location draws from a large pool of high-income renters employed at nearby law firms, financial institutions, entertainment companies, and major film studios. the building is comprised of (8) 2-bdrm. and (6) 1-bdrm. units, averaging approximately 750 sf. 10 of the 14 units have been renovated with wood-laminate flooring, quartz countertops, stainless steel appliances, upgraded tilework, and select units feature new mini-split a/c systems. a major value driver is the opportunity to convert three 30'x10' storage units into (2) 2-bedroom adus, plans for which are already in progress with the city of glendale. the projected monthly rent from the adus is $4,990. property amenities include 21 side-by-side parking spaces and a modern coinless laundry facility. please note, glendale currently allows for annual rent increases of 8.8%, making this one of the most landlord-friendly submarkets in la county. the property also includes assumable financing: $3,125,000 at 6.18% interest-only, fixed for the next three years. with updated units, expansion potential, and an unbeatable location just blocks from glendale's premier amenities, 629 e elk offers an ideal mix of stability, upside, and long-term growth.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49455427

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Property Details

  • Bedroom Information

    • Total Bedrooms : 22

    Bathroom Information

    • Total Baths: 14
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Interior Features: Ceiling Fan(s)
    • Property Appliances: Dishwasher,Disposal
    • Fireplace: None
    • Flooring: Tile

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1987
    • Building Area Total: 10,700

    Security Features

    • Gated Community

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.3107
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 13535

  • Listing Price Information

    • Original List Price: 5,500,000
    • Listing Contract Date: 2025-04-21

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 5674025037

  • Garage and Parking

    • Garage Description: Covered

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 628 - Glendale-South of 134 Fwy
    • Postal Code Plus 4: 1719
    • Directions: Located 1 block east of S. Glendale Ave, the property is under a mile from the Glendale Fashion Center, The Americana, and Glendale Galleria.
    • Zoning: GLR4*
    • Source Property Type: Residential Income
    • Area: 628 - Glendale-South of 134 Fwy

    Building and Construction

    • Property Age: 38
    • Year Built Source: Other
    • Total Square Feet Living: 10700
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 04/25/2025 @ 03:18

  • MLS: 25527929
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 22 bedrooms which is for sale, it has 10,700 sqft, 13,535 sized lot, and 0 parking. are nearby neighborhoods.