CA > Glendale
Glendale, CA 91201,1160 Elm Avenue
Glendale, CA 91201,1160 Elm Avenue
Glendale, CA 91201,1160 Elm Avenue
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$12,500,000
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27,165 SqFt
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1160 Elm Avenue Glendale, CA 91201

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Disen Cai

Disen Cai

Keller Williams Peninsula Estates

+1(650) 622-2156

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 27,165 sqft

Price per Sqft $460

MLS Listing ID CL25533699

HOA Y/N No

Year Built 1986

Lot Size 0.605 Acres

Acres 0.6

Property Sub-Type Other

Property 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. Ten

Location

State CA

County Los Angeles

Zoning GLR4

Interior

Heating Wall Furnace

Fireplace No

Laundry Laundry Room

Building

New Construction No

Others

Tax ID 5621034029

Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Sevak Keshishian • Marcus & Millichap

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Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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