$3,750,000
1052 Elm Avenue, Glendale CA 91201
Multi-Family (10 Units)
Property type
325 days
On market
$386
Price per sqft
8 cars
Garage
1963
Year built
7,976 sqft
Lot size
Open Houses
Overview
Presenting a solid investment opportunity, this two-story apartment complex features ten consistent 2-bedroom, 1-bathroom units. Located in a desirable residential area, the property offers a low-maintenance profile with recent upgrades, including new underground pipes and a newer roof. The 9,716 SF building, positioned on a 7,973 SF lot, provides ample living space. Tenants...
Listing provided by: Justin McCardle DRE #01895720 310-606-0192, Growth Investment Group Pasade
Listing updated: Dec 31, 2025 at 03:13am.
Last checked: Jun 5, 2026 at 05:00am
Source: CRMLS #AR25159450
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 10 | 2 | 1 | — | $2,108 | $21,075 | $26,000 | Unfurnished |
# of Buildings: 1
# of Units Total: 10
Separate Electric Meters: 10
Separate Gas Meters: 10
Separate Water Meters: 1
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
14.7x
List Price / Annual Gross Rent
Cap Rate
4.62%
NOI / List Price
Gross Scheduled Income: $254,940
Operating Expense: $76,322
Net Operating Income: $170,969
Annual Operating Expenses
Electric: $3,600
Fuel: $3,000
Insurance: $4,800
Professional Management: $0
Trash: $5,148
Water / Sewer: $3,600
Interior
Laundry: Common Area
Entry Location: 2nd Level
Exterior
Property Attached: Yes
Stories Total: 3
Common Walls: Two Common Walls Or More
Lot Features: Six To Ten Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 8
Uncovered Spaces: 4
Parking Total: 12
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 5624006018
Additional Parcels: No
Tax Lot: 30
Zoning: GLR4YY
Tax Block: A
Community
Senior Community: No
Community Features: Suburban
Nearby Schools
Nearby schools around the 1052 Elm Avenue, Glendale, CA 91201. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,000,000
Total Interest
$3,826,335
Total Payment
$6,826,335
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$23,018
per month
Property History for 1052 Elm Avenue
Glendale Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91201.
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