447 W Elk Ave

16-Unit Apartment Building: Property features 16 units totaling ±12,704 square feet, constructed in 1964.
Below Comparable Averages: Offered below recent comparable sales averages, providing value upside.
Diverse Unit Mix: Includes (8) one-bedroom/one-bath, (4) two-bedroom/one-and-a-half-bath, and (4) two-bedroom/two-bath units, appealing to a broad tenant base.
Prime Glendale Location: Situated near major retail destinations including Glendale Galleria and The Americana at Brand.
Excellent Freeway Access: Convenient access to the 5 and 134 Freeways supports strong commuter demand.
Vibrant Neighborhood: Surrounded by a lively mix of dining, shopping, and employment centers in Glendale and neighboring Burbank.
Stabilized Asset: Well-maintained property with current operations reflecting performance near market rents.
Immediate Income Potential: Provides immediate income with potential for incremental upside.
Strong Rental Demand: Located in one of Los Angeles County’s most desirable rental submarkets.

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