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For Sale

$1,899,995

328 W Elk Ave
Glendale, CA 91204

Offered for sale is a very rare opportunity for a 4plex only 2 blocks from The Americana and the Glendale Galleria with $7103/mo rental income and 30% potential upside on rents as seller has not increased rents. The property consists of 3 detached buildings. In the front is building 1 with 2 units: ground level unit #A is 2 beds 1 bath at $1780/mo and the second level unit #B is 2 beds 1 bath at $1900/mo. In the middle is building 2 with 2 attached units: unit #C is 2 beds 1 bath at $1900/mo and unit #D is 1 bed 1 bath at $1523/mo. In the rear is building 3 used as a utility unit. Tenants pay for their own electricity, gas, and trash. Owner only pays for water and gardener. Owner has made many updates and upgrades. Read More

Market Status
Available
Last Updated
September 24, 2021

Property Type
Multi Family
Year Built
1911
Stories
2
Heating System
Forced Air
Stories
2.0
Parking
Driveway; 4 spaces
Property Type
MultiFamily;

Local Market Conditions

There are currently 74 properties for sale in the Glendale, CA area with the average listing price of $1,325,933. This represents a decrease of -1.0% over the previous week. The 2 bedroom homes saw the largest decrease in the average listing price over the previous week with a -3.9% decrease. To learn more about the Glendale, CA area, contact a local expert!

Market Snapshot for Glendale, CA

Avg. Listing Price

$1,325,933

Wk ending Sep 4

$-13,129

-1.0%

w-o-w

74

41

24

21

6

4

Average Listing Price for Glendale, CA
No. BedroomsNo. Beds Week Ending
(Sep 4)
w-o-w Week Ending
(Aug 28)
Week Ending
(Aug 21)
Week Ending
(Aug 14)
All PropertiesAll $1,325,933 -1.0% $1,339,062 $1,317,263 $1,368,784
1 bedroom1 BR $899,000 +0.0% $899,000 $899,000 -
2 bedrooms2 BR $1,019,075 -3.9% $1,060,243 $994,082 $1,033,540
3 bedrooms3 BR $1,395,662 +1.3% $1,377,926 $1,360,179 $1,414,995
4 bedrooms4 BR $1,443,268 -1.4% $1,464,033 $1,439,044 $1,460,199

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Listing Provided By:

Aram Gaboudian

Keller Williams Downtown LA

Phone
This $1,899,995 Multi Family at 328 W Elk Ave in Glendale, CA is presented by Aram Gaboudian. This $1,899,995 Multi Family, located in the 91204 zip code, has the following property features: Parking, Heating System, Stories, Property Type. This 328 W Elk Ave Multi Family is listed under MLS listing number 21-764314 and has a listing price of $1,899,995. You can find more Glendale homes for sale here.

Data Provided by Combined LA Westside Multiple Listing Service, Inc

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