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629-631 E Elk Ave
Glendale, CA 91205
1986 Const. | Mostly 2BR Units | 5.54% CAP · Multifamily Property For Sale
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14 Units
Investment Highlights
- Well-Maintained Stabilized Asset
- Approved Plans for Two Two-Bedroom/One-Bathroom ADUs
- Landlord Friendly City – Glendale is Subject to AB1482 and Allows Higher Rental Increase Amounts than the City of Los Angeles or Unincorporated LAC
- Excellent Unit Mix with Mostly Two-Bedroom Units
- Substantially Upgraded Interiors -- 10 of 14 Units are Renovated
- Deemed a “Walker’s Paradise” with a Walk Score of 94
Property Facts
| No. Units | 14 | Lot Size | 0.31 AC |
| Property Type | Multifamily | Building Size | 10,700 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1986 |
| Building Class | C | Parking Ratio | 1.96/1,000 SF |
| Zoning | R4, Glendale - Residential | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 10,700 SF |
| No. Stories | 3 |
| Year Built | 1986 |
| Parking Ratio | 1.96/1,000 SF |
| Zoning | R4, Glendale - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Refrigerator
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Smoke Free
- Vinyl Flooring
Site Amenities
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Free
- Storage Space
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $2,070 | - |
| 2+1 | 8 | $2,273 | - |
Property Taxes
| Parcel Number | 5674-025-037 | Improvements Assessment | $2,622,921 |
| Land Assessment | $1,740,876 | Total Assessment | $4,363,797 |
Property Taxes
Parcel Number
5674-025-037
Land Assessment
$1,740,876
Improvements Assessment
$2,622,921
Total Assessment
$4,363,797
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