1052 Elm Ave Glendale, CA 91201
Grandview NeighborhoodEstimated payment $22,050/month
About This Home
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 benefit from individual utility metering and a shared laundry facility. 12 parking spaces are provided. Select units showcase modern upgrades such as updated flooring, smooth ceilings, recessed lighting, granite countertops, and updated kitchen cabinets.
Listing Agent
Growth Investment Group Pasade Brokerage Phone: 310-606-0192 License #01895720 Listed on: 07/15/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 7,976 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 4 Open Parking Spaces
- 8 Car Garage
Home Design
- Apartment
- Entry on the 2nd floor
Interior Spaces
- 9,716 Sq Ft Home
- 3-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Location
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 30 / A
- Tax Tract Number 4280
- Assessor Parcel Number 5624006018
- $3,283 per year additional tax assessments
Community Details
Building Details
- Rent Control
- 10 Separate Electric Meters
- 10 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $3,600
- Fuel Expense $3,000
- Insurance Expense $4,800
- Trash Expense $5,148
- Water Sewer Expense $3,600
- Operating Expense $76,322
- Gross Income $252,900
- Net Operating Income $170,969
Additional Features
- 10 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $22,243 | $1,969,169 | $1,108,992 | $860,177 |
| 2024 | $22,243 | $1,930,559 | $1,087,248 | $843,311 |
| 2023 | $21,755 | $1,892,706 | $1,065,930 | $826,776 |
| 2022 | $21,387 | $1,855,595 | $1,045,030 | $810,565 |
| 2021 | $20,987 | $1,819,212 | $1,024,540 | $794,672 |
| 2020 | $20,692 | $1,800,559 | $1,014,035 | $786,524 |
| 2019 | $20,206 | $1,765,254 | $994,152 | $771,102 |
| 2018 | $19,839 | $1,730,642 | $974,659 | $755,983 |
| 2016 | $18,835 | $1,663,441 | $936,813 | $726,628 |
| 2015 | $18,461 | $1,638,456 | $922,742 | $715,714 |
| 2014 | $18,352 | $1,606,362 | $904,667 | $701,695 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | For Sale | $3,750,000 | -- | $386 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR25159450
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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