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    440 W Elk Avenue

    Glendale, CA 91204
    • $1,499,999
    • STATUS: Active
    • ON SITE: 46 Days
    • ID#: 21781590
    UPDATED: 36 min ago
    $1,499,999
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1921
    County:

    School Ratings & Info

    Description

    Traditional Sale! Recent price improvement to $1,499,999.00. This is one of those properties that if you don't buy it today, you may be angry at yourself for not doing so in the not-to-distant future. Come see for yourself this unique triplex in a highly desirable neighborhood in Glendale. All units are 1 story detached & all currently rented. Tax record shows year built was 1921. However, the prior owner replaced the interior flooring & walls down to the studs & rebuilt all 3 units. All upgraded in 2003. You will feel like this is an oasis in the middle of Glendale! A signature garden in-between the 2 rear units w/fruit trees in all back yards. Very nice profile from the front. Each unit has its own washer & dryer. 4 parking spots on side (2 for the front unit, 1 for each rear unit). Front unit has a large enough extra room to be utilized as a 3rd bedroom. It is NOT on the tax record as a bedroom, just that it could be utilized as a bedroom. FYI: Unit 440B: just received a new washer & dryer. Close to I-5, Glendale Mall, LA Zoo, many other locations & amenities this area has to offer. See the attached photos for additional insight into this property. Please note: expenses are high due to current monthly mortgage of approx. $2,250. If doing a 1031 Exchange or paying cash, this expense will go away providing a higher monthly return on your investment.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-26T10:25:51.947. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
    www.therealestategirl.com/homes/121252682
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    440 W Elk Avenue Glendale, CA 91204

    • Price: $1,499,999
    • Status: Active
    • Updated: 36 min ago
    • ID#: 21781590
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1921
    Built
    Neighborhood:
    628 - Glendale-South of 134 Fwy
    County:
    Los Angeles
    Area:
    628 - Glendale-South of 134 Fwy
    Property Description
    Traditional Sale! Recent price improvement to $1,499,999.00. This is one of those properties that if you don't buy it today, you may be angry at yourself for not doing so in the not-to-distant future. Come see for yourself this unique triplex in a highly desirable neighborhood in Glendale. All units are 1 story detached & all currently rented. Tax record shows year built was 1921. However, the prior owner replaced the interior flooring & walls down to the studs & rebuilt all 3 units. All upgraded in 2003. You will feel like this is an oasis in the middle of Glendale! A signature garden in-between the 2 rear units w/fruit trees in all back yards. Very nice profile from the front. Each unit has its own washer & dryer. 4 parking spots on side (2 for the front unit, 1 for each rear unit). Front unit has a large enough extra room to be utilized as a 3rd bedroom. It is NOT on the tax record as a bedroom, just that it could be utilized as a bedroom. FYI: Unit 440B: just received a new washer & dryer. Close to I-5, Glendale Mall, LA Zoo, many other locations & amenities this area has to offer. See the attached photos for additional insight into this property. Please note: expenses are high due to current monthly mortgage of approx. $2,250. If doing a 1031 Exchange or paying cash, this expense will go away providing a higher monthly return on your investment.
    Exterior Features

    Construction Materials FrameWood Siding Direction Faces North Entry Location Living Room Foundation Details PermanentSlab Lot Features Back YardCorners MarkedFront YardLawnLandscapedRectangular LotYard Number Of Separate Electric Meters 3 Other Structures Shed(S) Parking Features Uncovered Pool Features None Pool Private YN No Roof CompositionShingle Spa Features None Spa YN No

    Interior Features

    Accessibility Features None Appliances DishwasherElectric OvenDisposalGas RangeRefrigeratorRange HoodVented Exhaust Fan Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring CarpetTileWood Heating Central Heating YN Yes Interior Features Open FloorplanRecessed Lighting Window Features Double Pane Windows

    Property Features

    Additional Parcels YN No Buyer Financing CashConventionalPrivate Gross Income 68328 Laundry Features Outside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 23340 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 3 Possession Close Of Escrow Property Condition Updated/Remodeled Rent Control YN No Senior Community YN No Sewer Other Special Listing Conditions Standard Tenant Pays Cable TvElectricityGasInsuranceOther Total Actual Rent 68328 Utilities Overhead Utilities Zoning Glr4yy

    Listing provided courtesy of Michael Pappace of Movoto, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-26T10:25:51.947. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
     
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