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1052 Elm Ave
Glendale, CA 91201 Grandview

$3,750,000 USD

Apartments For Sale • 9,716 SF

Property Details

Property Type Apartments
Total Building Size 9,716 SF
Lot Size 0.18 AC
Building Class C
Year Built 1963
Cap Rate 4.56 %
Zoning R4, Glendale

49 Transit Score

87 Walk Score

                
                    Highlights
                
                                Superb unit mix with ALL large 2 bedrooms and 1 bathrooms units 
                            
                                Same owner since 2004! TRUE VALUE ADD OPPORTUNITY
                            
                                Long-time tenants with an estimated ±20% rental upside potential
                            
                                Recently Painted, ROOF completed January 2018

Property Flyers

Flyer-1052ElmAve

Financial Summary (Actual)

Net Operating Income: $170,970 USD (2024)

Cap Rate:	4.56 %
Total Expenses:	$76,322 USD

Amenities

Air Conditioning
Laundry Facilities
Tile Floors

Public Transportation

Commuter Rail	Drive	Walk	Distance
Downtown Burbank (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	5 min	-	1.4 mi
Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink))	9 min	-	4.1 mi
Airport	Drive	Walk	Distance
Bob Hope	13 min	-	6.9 mi
Los Angeles International	41 min	-	28.9 mi
Long Beach (Daugherty Field)	45 min	-	32.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	12
Type:	Surface
Included in Rent:	Yes

Justin McCardle 310-606-0192 Growth Investment Group California

1052 Elm Ave Glendale, CA 91201 Grandview