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629 E Elk Ave
Glendale, CA 91205
Residential Multi Family (Other)
N/A Acres
10700 Sqft Living Area
22 Bedrooms
0 Bathrooms (0 Full, 0 Half)
Year Built: 1987
$5,375,000
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Property 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.
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Contact Details
Name: Max Berger
Email: max@kennystevensteam.com
MLS Listing Id: 24-412949
Agent Phone: (310) 230-5478
List Agent License:
Office Name: Compass
Office Phone: (310) 230-5478
Office MLS Id: X81461
Listing Status: Active
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Copyright © 2024 OpenHous, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
