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447 W Elk Ave
Glendale, CA 91204 Pacific-Edison

$5,550,000 USD

Apartments For Sale  •  12,704 SF

Property Details

• Property Type Apartments
• Total Building Size 12,704 SF
• Lot Size 0.27 AC
• Building Class C
• Year Built 1964
• Cap Rate 4.52 %
• Zoning R4

63 Transit Score

90 Walk Score

Highlights

16-unit apartment building with ±12,704 SF, built in 1964, in prime Glendale location.

Offered below recent comparable averages, providing immediate value upside for investors.

Diverse unit mix: (8) 1-bed/1-bath, (4) 2-bed/1.5-bath, (4) 2-bed/2-bath units.

Convenient access to 5 and 134 Freeways, supporting strong commuter demand.

Walking distance to Glendale Galleria and The Americana at Brand retail centers.

Stabilized asset with current rents near market, offering immediate income and upside.

Cap Rate:

4.52 %

Amenities

• Laundry Facilities

Public Transportation

Commuter Rail	Drive	Walk	Distance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	3 min	-	1.5 mi
Downtown Burbank (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	9 min	-	4.4 mi
Airport	Drive	Walk	Distance
Bob Hope	16 min	-	9.8 mi
Los Angeles International	37 min	-	26.8 mi
Long Beach (Daugherty Field)	42 min	-	30.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	17
Type:	Covered
Included in Rent:	Yes