447 W Elk Ave - Apartments FOR SALE


Glendale, CA 91204- Pacific-Edison
$6,000,000 USD
818-933-0350
447 W Elk Ave, Glendale, CA for Sale
$6,000,000 USD
Apartments - FOR SALE
1/7
null | 4.36% Cap Rate

447 W Elk Ave
Glendale, CA 91204
Pacific-Edison


HIGHLIGHTS

  • Excellent Southwest Glendale Location
  • Large Units
  • Upgraded Throughout
  • CA AB 1482 Applies

OVERVIEW

The Elk Apartments is a well maintained property located in the City of Glendale. The property is located in South Glendale in very close proximity to The Galleria and The Americana at Brand. It presents a reposition opportunity as there is approximately 10% upside in rents with an excellent unit mix.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$472 USD /SF

# OF UNITS

16

PRICE/UNIT

$375,000

CAP RATE

4.36%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,463 SF

ZONING

R4

APN/PARCEL ID

5696-003-026

ASK ABOUT THIS PROPERTY

Warren BerzackLee & Associates Commercial Real EstateMore Info
818-933-0350

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Warren BerzackLee & Associates Commercial Real EstateMore Info
818-933-0350

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.