1160 Elm Avenue 1160 Elm Avenue Glendale, California 91201 United States
1160 Elm Avenue Glendale, California 91201 United States
$12,900,000
الحصول على إرشادات الطريق
$900,000 price reduction! Only $368K per door. 13.9 GRM 5.1% cap going in. We are pleased to be retained for this exclusive marketing assignment of the Elm Terraces in Glendale. This 34+1 n.c. unit apartment community is located in the...
- .6045 فدادين
- Exterior
- Residential Income
- نوع العقار
- 1986
- Year Built
- SR24017647
- Web Id
- SR24017647
- MLS ID
- 90
- days ago
نبذة عن 1160 Elm Avenue
$900,000 price reduction! Only $368K per door. 13.9 GRM 5.1% cap going in. We are pleased to be retained for this exclusive marketing assignment of the Elm Terraces in Glendale. This 34+1 n.c. unit apartment community is located in the most-sought rental pocket in all of the city, north of Glenoaks Blvd known as "El Miradero" / Grandview. The demand for rental housing in this pocket provides for historically low levels of vacancy and in turn premium in rental levels. The asset has been within the same family ownership for over 3 decades and presents an opportunity to unlock lock value by either loss to lease capture or a mild modernization update. Comprising mostly of 2+1.5 townhouse units, the Elm Terraces built in 1986, offers several key tenant amenities including individual hot water heaters, controlled intercom, and gated parking, ample parking, and storage. The walkability to a plethora of local shops, services, and cafes is a major benefit of living at the Elm Terraces.
Listing Courtesy of Keller Williams World Media Center, Email/Phone : info@alexanianadvisors.com
The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.
Listing Courtesy of Keller Williams World Media Center, Email/Phone : info@alexanianadvisors.com
The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.
PROPERTY INFORMATION
- Community Info
- Biking, Curbs, Hiking
- Garage Info
- 0
- Sewer
- PublicSewer
- Water
- Private
EXTERIOR
- Lot Description
- Item3135UnitsAcre
ADDITIONAL INFORMATION
- Number of Units
- 34
Listing Courtesy of Keller Williams World Media Center, Email/Phone : info@alexanianadvisors.com