Skip To Content

440 W Elk Ave , A

Glendale, CA 91204
  • $1,499,999
  • STATUS: Active
  • ON SITE: 79 Days
  • MLS #: 21-781590
UPDATED: 31 min ago
$1,499,999
  • 5
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,627
    SQFT
  • $922
    $/SQFT
Type:
Multi-Family
Built:
1921
County:

School Ratings & Info

Description

Traditional Sale! Recent price improvement to $1,499,999.00. This is one of those properties that if you don't buy it today, you may be angry at yourself for not doing so in the not-to-distant future. Come see for yourself this unique triplex in a highly desirable neighborhood in Glendale. All units are 1 story detached & all currently rented. Tax record shows year built was 1921. However, the prior owner replaced the interior flooring & walls down to the studs & rebuilt all 3 units. All upgraded in 2003. An oasis in the middle of Glendale! A signature garden in-between the 2 rear units w/fruit trees in all back yards. Very nice profile from the front. Each unit has its own washer & dryer. 4 parking spots on side (2 for the front unit, 1 for each rear unit). Front unit has a large enough extra room to be utilized as a 3rd bedroom. It is NOT on the tax record as a bedroom. FYI: Unit 440B: just received a new washer & dryer. Close to I-5, Glendale Mall, LA Zoo, many other locations/amenities. See the attached photos for additional insight into this property. Please note: expenses are high due to current monthly mortgage of approx. $2,250. If doing a 1031 Exchange or paying cash, this expense will go away providing a higher monthly return on your investment. Please note: One of Two 21st Century Built Multi-Family Units Listed or Sold in Glendale in the Past Year! Highest Rental Income/Square Feet of Living Area in Glendale!

Monthly Payment Calculator



Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-11-27T09:42:22.53. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.deserthouseseekers.com/homes/121252208
Print Image

440 W Elk Ave , A Glendale, CA 91204

  • Price: $1,499,999
  • Status: Active
  • On Site: 79 Days
  • Updated: 31 min ago
  • MLS #: 21-781590
5
Beds
0
Baths
0
½ Baths
0.14
Acres
1,627
SQFT
$922
$/SQFT
1921
Built
Neighborhood:
Glendale-South Of 134 Fwy
County:
Los Angeles
Area:
Glendale-South Of 134 Fwy
Property Description
Traditional Sale! Recent price improvement to $1,499,999.00. This is one of those properties that if you don't buy it today, you may be angry at yourself for not doing so in the not-to-distant future. Come see for yourself this unique triplex in a highly desirable neighborhood in Glendale. All units are 1 story detached & all currently rented. Tax record shows year built was 1921. However, the prior owner replaced the interior flooring & walls down to the studs & rebuilt all 3 units. All upgraded in 2003. An oasis in the middle of Glendale! A signature garden in-between the 2 rear units w/fruit trees in all back yards. Very nice profile from the front. Each unit has its own washer & dryer. 4 parking spots on side (2 for the front unit, 1 for each rear unit). Front unit has a large enough extra room to be utilized as a 3rd bedroom. It is NOT on the tax record as a bedroom. FYI: Unit 440B: just received a new washer & dryer. Close to I-5, Glendale Mall, LA Zoo, many other locations/amenities. See the attached photos for additional insight into this property. Please note: expenses are high due to current monthly mortgage of approx. $2,250. If doing a 1031 Exchange or paying cash, this expense will go away providing a higher monthly return on your investment. Please note: One of Two 21st Century Built Multi-Family Units Listed or Sold in Glendale in the Past Year! Highest Rental Income/Square Feet of Living Area in Glendale!
Exterior Features

Covered Parking 0 Cross Streets Elk & Pacific Direction Faces North Entry Location Living Room Exterior Construction FrameWood Siding Levels Ground Level Lot Description Back YardCorners EstablishedCurbsFencedFenced YardFront YardLandscapedLawnLot Shape-RectangularLot-Level/FlatSidewalksSingle LotStreet AsphaltStreet LightingStreet PavedUtilities - OverheadUtilities UndergroundUtilities OtherYard Lot Location City Lot Size Area 6164 Other Structures OtherShed(S) Parking Garage Uncovered Patio Features Concrete SlabPatio Open Paved YN Yes Pool Description None Pool YN No Roof CompositionShingle Spa None Spa YN No Style California Bungalow Tennis Court None Tennis YN No Total Parking 4 View Description Other View YN Yes Water Frontage None

Interior Features

Bathroom Features RemodeledShower And TubTile Baths Total 3.00 Bedroom Features All Bedrooms DownGround Floor Master Common Walls Detached/No Common Walls Cooking Appliances Built-In ElectricElectricGas/Electric RangeOven-ElectricRange Hood Cooling Central Den No Dining Room No Equipment Built-InsDishwasherGarbage DisposalHood FanRefrigeratorRange/OvenSatelliteVented Exhaust Fan Family Room No Fireplace Rooms None Flooring CarpetHardwoodTile Foundation Details PermanentSlab Heating Central Interior Features Detached/No Common WallsDrywall WallsOpen Floor PlanPre-Wired For High Speed DataPre-Wired For Surround SoundRecessed LightingTurnkey Kitchen Features Granite CountersOpen To Family RoomPantrySkylight(S) Laundry Outside Laundry Equipment Own Rooms Dining AreaBreakfast AreaLiving RoomMaster BedroomPatio Open Water Heater Features Water Heater Unit Windows Double Pane Windows

Property Features

ADACompliance Yes Alley YN No Assessed Total Value 296212 Disability Access None Gross Income 68328 Gross Operating Income 68328 Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 23340.00 Number Of Buildings 3 Number Of Units 3 Owner Pays OtherWaterGardener Property Condition Updated/Remodeled Rent Control YN No Sale Type Standard Security Features None Sewer In Street Source Living Area Assessor Source Lot Size Area Assessor Tax Total 3365.00 Tenant Pays Cable TvElectricityGasInsuranceOther Total Annual Expense 41400 TVServices Cable TvTv Satellite Dish - Leased Type Of Units Bungalows Water District Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Glr4yy

Listing provided courtesy of Michael Pappace DRE# of Movoto, Inc..


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-11-27T09:42:22.53. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-781590-20.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-781590-20.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-781590-20.jpg
Logo
Zwemmer Realty Group | Keller Williams Realty
75486 Augusta Drive
Indian Wells CA, 92210