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1160 Elm Ave
Glendale, CA 91201
Elm Terraces | 13.9 GRM | Built 1986 $368K/u · Multifamily Property For Sale
·
35 Units
Investment Highlights
- 34+1 n.c. unit in high barrier to entry market
- 13.9 GRM | 11.3 at market
- Only 368,571 per unit on newer
- Below replacement costs
- Strong street presence/wide frontage
- Superior rental pocket
Property Facts
| No. Units | 35 | Lot Size | 0.60 AC |
| Property Type | Multifamily | Building Size | 27,165 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1986 |
| Building Class | C | Parking Ratio | 2.06/1,000 SF |
| Zoning | R 2250 - Medium density residential | ||
| No. Units | 35 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.60 AC |
| Building Size | 27,165 SF |
| No. Stories | 2 |
| Year Built | 1986 |
| Parking Ratio | 2.06/1,000 SF |
| Zoning | R 2250 - Medium density residential |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Property Manager on Site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 16 | $2,360 | - |
| 2+1 | 4 | $2,348 | - |
| 1+1 | 14 | $1,979 | - |
Property Taxes
| Parcel Number | 5621-034-029 | Improvements Assessment | $4,062,439 |
| Land Assessment | $2,850,206 | Total Assessment | $6,912,645 |
Property Taxes
Parcel Number
5621-034-029
Land Assessment
$2,850,206
Improvements Assessment
$4,062,439
Total Assessment
$6,912,645
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