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447 W Elk Avenue

Glendale, CA 91204
  • $5,595,000
  • STATUS: Active
  • ON SITE: 149 Days
  • ID#: SR25151874
UPDATED: 22 min ago
$5,595,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Listing Agent(s): Warren Berzack of Warren Lee Berzack (818-269-2979)


Description

Huge price reduction. 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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-04T16:32:22.393. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/165623244
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447 W Elk Avenue Glendale, CA 91204

  • Price: $5,595,000
  • Status: Active
  • On Site: 149 Days
  • Updated: 22 min ago
  • ID#: SR25151874
0
Beds
0
Baths
0
½ Baths
0.29
Acres
1964
Built
Neighborhood:
624 - Glendale-Chevy Chase/E. Glenoaks
County:
Los Angeles
Area:
624 - Glendale-Chevy Chase/E. Glenoaks
Property Description
Huge price reduction. 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.
Exterior Features

Carport Spaces 17 Carport YN Yes Entry Level 1 Entry Location 1 Lot Features LandscapedRectangular Lot Number Of Separate Electric Meters 17 Parking Features Assigned Parking Total 17 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4.8 Common Interest None Community Features Street LightsSidewalksUrban Electric Expense 3000 Fuel Expense 2000 Garage YN No Gross Income 404712 Gross Scheduled Income 404712 Insurance Expense 6700 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional Maintenance Expense 25560 Net Operating Income 268576 New Construction YN No New Taxes Expense 67140 Number Of Separate Gas Meters 17 Number Of Separate Water Meters 1 Operating Expense 123995 Pest Control Expense 480 Pool Expense 0 Property Sub Type Mixed Use Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TVElectricityGas Trash Expense 6492 Vacancy Allowance 12141 Water Sewer Expense 5663 Water Source Public Zoning GLR4YY



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-04T16:32:22.393. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Warren Berzack of Warren Lee Berzack (818-269-2979)