$5,550,000
447 W Elk Avenue, Glendale CA 91204
Multi-Family (16 Units)
Property type
84 days
On market
$437
Price per sqft
N/A
Garage
1964
Year built
12,504 sqft
Lot size
Open Houses
Overview
Located at 447 W Elk Ave in Glendale, CA, this well-maintained 16-unit apartment community offers investors a stabilized multifamily asset in one of Los Angeles County's most desirable rental submarkets. COnstructed in 1964, the +/-12,704 square foot building features a diverse unit mix comprised of (8) one-bedroom/one-bathroom units, (4) two-bedroom/one-and-a-half bath units,...
Listing provided by: Daniel Withers DRE #01325901 818-923-6107, Matthews Real Estate Investment Services
Listing updated: Apr 3, 2026 at 04:43pm.
Last checked: Jun 5, 2026 at 07:01pm
Source: CRMLS #26657803
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 8 | 1 | 1 | — | $1,830 | $14,640 | $14,640 | Unfurnished |
| 4 | 2 | 1 | — | $2,249 | $8,995 | $8,995 | Unfurnished |
| 4 | 2 | 2 | — | $2,443 | $9,771 | $9,771 | Unfurnished |
# of Buildings: 1
# of Units Total: 16
Financial Snapshot
Gross Rent Multiplier
13.8x
List Price / Annual Gross Rent
Cap Rate
4.52%
NOI / List Price
Net Operating Income: $251,019
Exterior
Stories Total: 0
Levels: Multi Split
Garage and Parking
Parking Total: 16
Lot Information
Land Lease: No
Parcel #: 5696003026
Zoning: GLR4YY
Lot Size Dimensions: 50x125
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 447 W Elk Avenue, Glendale, CA 91204. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$4,440,000
Total Interest
$5,662,975
Total Payment
$10,102,975
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$33,995
per month
Property History for 447 W Elk Avenue
Glendale Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91204.
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