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.
Property Details
Price:
$12,500,000
MLS #:
25533699
Status:
Active
Baths:
0
Address:
1160 Elm Avenue
Type:
Residential Income
Neighborhood:
626glendalenorthwest
City:
Glendale
Listed Date:
May 2, 2025
State:
CA
ZIP:
91201
Lot Size:
26,333 sqft / 0.60 acres (approx)
Year Built:
1986
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Disposal
Heating
Wall Furnace
Exterior
Parking Features
Covered
Parking Spots
0.00
Stories Total
2
Financial
Map
Community
- Address1160 Elm Avenue Glendale CA
- Area626 – Glendale-Northwest
- CityGlendale
- CountyLos Angeles
- Zip Code91201
Similar Listings Nearby
- 3016 Waverly Drive
Los Angeles, CA$15,950,000
4.78 miles away
- 4651 Cahuenga Boulevard
Toluca Lake, CA$13,000,000
4.18 miles away
- 515 W Harvard Street
Glendale, CA$11,500,000
2.76 miles away
- 420 W Windsor Road
Glendale, CA$10,999,000
3.33 miles away
- 1818 Vassar Street
Glendale, CA$10,800,000
4.37 miles away
- 711 N Hollywood Way
Burbank, CA$10,800,000
3.09 miles away
- 2041 N Vermont Avenue
Los Angeles, CA$9,100,000
4.69 miles away

1160 Elm Avenue
Glendale, CA
LIGHTBOX-IMAGES