CA > Glendale
Glendale, CA 91201,1160 Elm Ave
Glendale, CA 91201,1160 Elm Ave
Glendale, CA 91201,1160 Elm Ave
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$12,500,000
Est. payment /mo
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54 Beds
50 Baths
27,165 SqFt
New

1160 Elm Ave Glendale, CA 91201

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Lisa Manczuk

Lisa Manczuk

+1(702) 927-4046

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 27,165 sqft

Price per Sqft $460

MLS Listing ID 25533699

Bedrooms 54

Year Built 1986

Lot Size 0.605 Acres

Acres 0.6045

Property Sub-Type Multi-Family

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. Tenants can benefit from a variety of retail and places of business along this corridor. Commuters are within five minutes from the nearest on-ramp to the I-5 Freeway, offering ease of access to the 134 Freeway, Burbank, Los Feliz, Atwater and Downtown Los Angeles.

Location

State CA

County Los Angeles

Area Glendale-Northwest

Zoning GLR4*

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s)

Equipment Garbage Disposal, Range/Oven

Laundry Room

Exterior

Parking Features Covered Parking

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Marcus & Millichap

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agent

Lisa Manczuk

Agent | RE.S.0180264

+1(702) 927-4046

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1160 Elm Ave