*** 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.
Property Details
Price:
$5,375,000
MLS #:
24412949
Status:
Active
Baths:
0
Address:
629 E Elk Avenue
Type:
Residential Income
Neighborhood:
628glendalesouthof134fwy
City:
Glendale
Listed Date:
Jul 9, 2024
State:
CA
ZIP:
91205
Lot Size:
13,531 sqft / 0.31 acres (approx)
Year Built:
1987
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Schools
Interior
Appliances
Dishwasher, Disposal, Refrigerator
Heating
Wall Furnace
Interior Features
Ceiling Fan(s)
Exterior
Parking Features
Covered, Side by Side
Parking Spots
21.00
Security Features
Gated Community, Card/ Code Access
Stories Total
3
View
None
Financial
Map
Community
- Address629 E Elk Avenue Glendale CA
- Area628 – Glendale-South of 134 Fwy
- CityGlendale
- CountyLos Angeles
- Zip Code91205
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629 E Elk Avenue
Glendale, CA
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