1160 Elm Ave, Glendale, CA 91201

$11,440,000
54
BD
50
BA
27,165
SqFt

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Sold Price
$11,440,000
List Price
$12,500,000
Closing Date
Jan 22, 2026
MLS#
25533699
Year Built
1986
Bedrooms
54
Bathrooms
50
Living Sq. Ft
27,165
Lot Size
26,333
Days on Market
157
Property Type
Multifamily
Stories
2

Property Description

We are pleased to present 1160 Elm Avenue, a thirty-four-unit multifamily investment opportunity located in the Grandview neighborhood of Glendale. Constructed in 1986, the asset comprises sixteen two-bedroom/one-and-half-bathroom units, four two-bedroom/one-bathroom units, and fourteen one-bedroom/one-bathroom units spread across four structures. All units have separate meters for gas and electricity, individual water heaters, and 60 AMPs of power. The property has gated entry, an on-site laundry room with two washers and two dryers, 56 parking spaces, and a vacant recreation room that is used as storage but can potentially be converted into an ADU. The property sits on a 26,325 square foot lot and is zoned R2250, making the existing thirty-four units irreplaceable with the current zoning. Situated just north of Glenoaks Blvd and east of Alameda Ave, 1160 Elm is within 2 miles of Burbank's Media City Center and less than 1 mile from IKEA. Glenoaks Blvd is a major thoroughfare that runs through Glendale, Burbank, Sun Valley, and into northeast San Fernando Valley. Tenants can benefit from a variety of retail and places of business along this corridor. Commuters are within five minutes from the nearest on-ramp to the I-5 Freeway, offering ease of access to the 134 Freeway, Burbank, Los Feliz, Atwater and Downtown Los Angeles.

Additional Information

Other Buildings
None
Heat
Wall
Cooling
Wall Unit(s)
Number of Cars in Garage
Covered Parking

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Courtesy of Marcus & Millichap, Sevak Keshishian - CA DRE#01887505 Selling Office: .

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