1160 Elm Avenue, Glendale, CA 91201

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1160 Elm Avenue,Glendale, CA 91201
$12,500,000
  • 54 Beds
  • 50 Baths
  • 27,165 sq. ft.
  • Multi-family
  • Active
Listed by:sevak keshishian
Office:marcus & millichap
MLS#:25533699
Source:CRMLS

Price summary

  • Price:$12,500,000
  • Price per sq. ft.:$460.15

About this home

We are pleased to present 1160 Elm Avenue, a thirty-four-unit multifamily investment opportunity located in the Grandview neighborhood of Glendale. This value-add opportunity will be delivered with seven vacant units that will allow the next investor to captured significant rental upside through the implementation of an interior and exterior renovation program. Constructed in 1986, the asset comprises sixteen two-bedroom/one-and-half-bathroom units, four two-bedroom/one-bathroom units, and fourteen one-bedroom/one-bathroom units spread across four structures. All units have separate meters for gas and electricity, individual water heaters, and 60 AMPs of power. The property has gated entry, an on-site laundry room with two washers and two dryers, 56 parking spaces, and a vacant recreation room that is used as storage but can potentially be converted into an ADU. The property sits on a 26,325 square foot lot and is zoned R2250, making the existing thirty-four units irreplaceable with

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Home facts

  • Year built:1986
  • Listing Id #:25533699
  • Added:103 day(s) ago
  • Updated:August 13, 2025 at 01:10 PM

Rooms and interior

  • Bedrooms:54
  • Total bathrooms:50
  • Living area:27,165 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1986
  • Building area:27,165 sq. ft.
  • Lot area:0.6 Acres

Finances and disclosures

  • Price:$12,500,000
  • Price per sq. ft.:$460.15
Based on information from California Regional Multiple Listing Service, Inc. as of August 14, 2025 . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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