1160 Elm Avenue, Glendale, CA 91201
Local realty services provided by:ERA North Orange County Real Estate
1160 Elm Avenue,Glendale, CA 91201
$12,500,000
- 54 Beds
- 50 Baths
- 27,165 sq. ft.
- Multi-family
- Active
Listed by:sevak keshishian
Office:marcus & millichap
MLS#:25533699
Source:CRMLS
Price summary
- Price:$12,500,000
- Price per sq. ft.:$460.15
About this home
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.
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Home facts
- Year built:1986
- Listing ID #:25533699
- Added:151 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
Rooms and interior
- Bedrooms:54
- Total bathrooms:50
- Living area:27,165 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1986
- Building area:27,165 sq. ft.
- Lot area:0.6 Acres
Finances and disclosures
- Price:$12,500,000
- Price per sq. ft.:$460.15
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