608 E Elk Avenue Glendale, CA $ 1,500,000
608 E Elk Avenue
$ 1,500,000
Share Save

608 E Elk Avenue

Glendale, CA, 91205
$ 1,500,000
Bedrooms10 Baths4.0 Sq 4,456

Monthly Estimate*

$ 9,969

Listed by Estate Realty Group, Inc.
608 E Elk Avenue, Glendale, CA 91205 - Image 1

Multi-Family Home for sale in Glendale, CA

for $1,500,000 with 10 bedrooms and 4 full baths. This 4,456 square foot home was built in 1926 on a lot size of 0.1603.

Welcome to 608 E Elk Avenue, a promising 4-unit income opportunity nestled in the heart of Glendale, California. Boasting a prime location near the bustling shopping center, this property offers convenience and potential for savvy investors looking to capitalize on the thriving local market. Each of the four units presents a canvas for renovation and improvement, making this property an ideal prospect for those with a vision for transformation. Whether you're an experienced developer seeking a new project or an investor looking to enhance rental income, this property holds immense promise. Situated in a desirable neighborhood, residents will appreciate the proximity to amenities such as shops, restaurants, entertainment venues, and public transportation. With its convenient location, tenants will enjoy easy access to all that Glendale has to offer, fostering strong rental demand. While this property requires work and renovation to unlock its full potential, the investment opportunity it presents is undeniable. With the right upgrades and enhancements, these units have the potential to attract high-quality tenants and generate significant rental income. Don't miss out on the chance to transform this property into a lucrative investment. Seize the opportunity to revitalize 608 E Elk Avenue and capitalize on its excellent location and income potential. Schedule a viewing today and envision the possibilities that await in this prime Glendale property.

See more

Multi-Family Pending

Price

$ 1,500,000

Bedrooms

10

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Quadruplex

Lot Size

0.1603

Year Built

1926

Town/City

Glendale

County/Region

Los Angeles

MLS | Web ID

SR24091021

Days on Market

31

Features
General
Sewer PublicSewer
Heating None
Cooling None
Zoning GLR4YY
Garage Spaces 4.0
Pool Features None
Year Built 1926
Tenant Pays Electricity Gas Water
Stories 2
Levels Two
Property SubType Quadruplex
Gross Income 194739.0
Community Features StreetLights Sidewalks
County Los Angeles
Net Operating Income 194739.0
Operating Expense 18861.0
Insurance Expense 14000.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard Trust
Status Pending
Directions Colorado to Elk
City Glendale
Entry Location 1
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 4
MLS Area 628 - Glendale-South of 134 Fwy
Lot Size Units SquareFeet
Lot Size Square Feet 6984.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 3
Listing Terms Cash CashtoNewLoan Conventional
Property Attached Y/N N
Land Lease Y/N N
Electric Expense 2067.0
Home Warranty Y/N N
Fuel Expense 0.0
Trash Expense 700.0
Water Sewer Expense 1000.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 5
Building Area Units SquareFeet
Standard Status Pending
Year Built Source Assessor
Tax Lot 60
Total Actual Rent 2700.0
Property Sub Type Additional Quadruplex
See more
Exterior
Parking Features GarageFacesRear
Lot Features BackYard FrontYard
Water Source Public
Total Parking 4.0
Lot Size Area 6984.0
Number of Buildings 1
Spa N
Building Area Total 4456.0
Lot Size Acres 0.1603
Lot Size Source Assessor
Pool Charge 0.0
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 1
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Interior
Fireplace Features FamilyRoom
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N Y
Laundry Features None
Entry Level 1
Electric On Property Y/N N
See more
Internal Only
Street Number 1 608
See more
* Excluded Features
List By
Estate Realty Group, Inc.

Broker

(661) 816-4234

Phone

Affordability Calculator

$9,969
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,969
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/23/2024$1,400,000 Listed Price

Map


See all

608 E Elk Avenue, Glendale, CA, 91205 is a Multi-Family Home for sale at $1,500,000 with 4,456 sqft and a lot size of 0.1603. 608 E Elk Avenue has 10 bedrooms, 4.0 baths, and was built in 1926. The property's zip code is 91205 which is in Glendale, CA