629-631 E Elk Ave - Apartments FOR SALE
Glendale, CA 91205 |
629-631 E Elk Ave
Glendale, CA 91205
HIGHLIGHTS
- Located 0.75 miles from The Americana @ Brand, Glendale Galleria, and the heart of Downtown Glendale
- The City of Glendale currently allows for an 8.8% annual rent increase (5% + CPI)
- Features (8) 2-bdrm. units and (6) 1-bdrm. units, and the potential for (2) 2-bdrm. ADUs (buyer to verify)
- Renovated units include new windows, wood-laminate flooring, stainless-steel appliances, quartz countertops, and a mini-split A/C
- (3) 30' X 10' storage units with roll-up doors provide additional income and can be converted to ADUs (buyer to verify)
- Property amenities include a laundry room with coinless machines, and 21 side-by-side parking spaces
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
14 Units in Glendale by The Americana @ Brand
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
14700
STORIES
2
YEAR BUILT
1987
PARKING SPACES
21
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
5674-025-037
