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1052 Elm Avenue

Glendale, CA 91201
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Bed 0

Bed

Bath 0

Bath

SqFt9,716

Sqft

SqFt7,973

Sqft(Lot)

We are is proud to offer ELM APARTMENTS – 1052 Elm Ave, a very well maintained 10-unit apartment investment located in the highly desirable City of Glendale, CA. This prime Value-Add opportunity is perfect for an experienced investor looking to acquire a superbly located apartment property and maximize its income potential. This property has been under the same ownership since 2004. The units are currently leased to mostly long-time tenants on a month-to-month agreement with below market rents. The property is two-story apartment community that was built in 1963. It is situated on a quiet, residential street surrounded by other condominium and townhome communities. It offers a superb unit mix of ALL (10) 2 bed + 1 bath units with a total of 12 parking spaces. Parking is provided by 9 marke d parking spaces (8-tuck under and 1 open space) and 3 unmarked spaces in the front and the back. Each spacious unit is separately metered for gas/ electricity and the property has a common laundry area for tenants. The property has been well maintained throughout current ownership and some units have been updated with laminate wood flooring, granite or quartz kitchen countertops, refreshed kitchen cabinets, recessed lighting, smooth ceilings, windows A/C in living room, ceiling fans in bedrooms and tiled bathroom. This asset will be a great addition to any size real estate portfolio! The property is strategically situated near luxurious amenities, dining, and upscale shopping at the Glendale Galleria and Americana at Brand, and just a few miles northeast of Hollywood, known as the “Media Capital of the World” and Burbank, home to Walt Disney and Warner Bros. Studios. It is minutes to the largest Ikea in the world, Burbank Bob Hope Airport, Home Depot, Kaiser Permanente Medical Center, Department of Motor Vehicles, Costco Wholesale, and two major shopping centers. The landmark Burbank Town Center, offers more than 170 retail stores, restaurants, and entertainment venues, including Macy’s, Sears, Bed Bath & Beyond, Barnes & Noble, and AMC Theatres where surface lots and garage parking is free. The Burbank Empire Center is one Los Angeles’ largest grossing shopping centers, featuring Walmart, Target, Nordstrom Rack, Best Buy, Lowe’s, Outback Steakhouse, Olive Garden, and many more.

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Detail Ic Property Details

Property Type : Residential Income

Price : $3,750,000

AD Id : 87553882

MLS Id : AR26144903

Lot Size : 7,973 Sqft

Living Area Size : 9,716

Year Built : 1963

County : Los Angeles

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer

  • Building Information

    Year Built: 1963 Building Area Total: 9,716
  • Pool Features

    None

    Laundry Features

    Common Area

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.183
  • Lot Size Source: Assessor Lot Size Square Feet: 7973

  • Listing Price Information

    Original List Price: 3,750,000 Listing Contract Date: 2026-07-03
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5624006018

  • Garage and Parking

    Garage Description: Carport,Driveway

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 626 - Glendale-Northwest Directions: Located between Glenoaks and San Fernando Rd Source Property Type: Residential Income Area: 626 - Glendale-Northwest Property SubType: Apartment
  • Building and Construction

    Property Age: 63 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: Street Property Attached: Yes
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1900 Ransom Road, Glendale, CA, 91201 $2,998,000 4 3 3,294 3,294 SqFt
1645 Allen Avenue, Glendale, CA, 91201 $1,795,000 3 2 2,501 2,501 SqFt
1434 El Miradero Avenue, Glendale, CA, 91201 $1,980,000 3 2 2,735 2,735 SqFt
1361 Winchester Avenue, Glendale, CA, 91201 $1,799,000 3 3 2,292 2,292 SqFt
1323 5th Street, Glendale, CA, 91201 $860,000 2 1 728 728 SqFt
1110 Newby Street, Glendale, CA, 91201 $999,000 2 2 1,250 1,250 SqFt
1334 Alameda, Glendale, CA, 91201 $1,749,000 5 3 2,440 2,440 SqFt
1232 Allen Avenue, Glendale, CA, 91201 $1,795,000 4 3 2,076 2,076 SqFt
2040 W Kenneth Road, Glendale, CA, 91201 $1,899,000 4 3 2,728 2,728 SqFt
426 Sonora Avenue, Glendale, CA, 91201 $915,000 2 1 1,051 1,051 SqFt

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ByOwner last updated this listing 07/06/2026 @ 15:07

MLS: AR26144903 LISTED BY: Justin McCardle, Growth Investment Group Pasade 626-594-4900 SOURCE: CRMLS

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