629 E Elk Avenue
Glendale, CA 91205
10700 sqft | 22 beds | 0.31 acres | #24412949
Description
*** Returning to the market at a $400,000 price reduction *** Located 0.75 miles from the heart of Downtown Glendale, 629 Elk is a well-maintained 14-unit property situated near The Americana @ Brand, Glendale Galleria, and a wide array of popular retailers, cafes, and restaurants along Brand Blvd. Please note the City of Glendale currently allows for an 8.8% annual rent increase. Built in 1987, this well-maintained complex features (8) 2-bdrm. units, (6) 1-bdrm. units, and the potential to add (2) 2-bdrm. ADUs (buyer to verify). These spacious units average approx. 750 SF. There are (3) 30' X 1' storage units with roll-up doors that currently provide additional income and can be converted to ADUs (buyer to verify). Renovated units include new windows, wood-laminate flooring, stainless steel appliances, quartz countertops, new tilework, and a mini-split A/C. Property amenities include a laundry room with coinless machines and 21 side-by-side parking spaces.
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- InteriorCeilingFans
- CountyLos Angeles
- Original List Price$5,375,000
- MLS #24412949
- MLS #24412949
- Cost5375000
- Acres0.3106
- Square Feet10700
- Year Built1987
- Bedrooms22
- Stories3
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Max Berger (#CLW-C135509)
Listing Office: Compass (#CLW-X81461)
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