SoldNov 29, 2022Residential Income
$2,400,000
Listed for $2,400,000 · Sold Nov 29, 2022
Listing provided by Chris Keramati, Triqor Group
We are pleased to present the Elmer Apartments, an 8-unit apartment building in Central Glendale. The property is comprised of eight one-bedroom units equipped with gas cooking, gas wall heating, laminate and tile floors, assigned parking, and ceiling fans. Most units have been upgraded with granite countertops, new… kitchen cabinets, and laminate wood flooring. This is a well-kept building with nearly 40% upside in rental income. This deal offers the opportunity for an investor to achieve nearly a 6% Cap Rate after stabilizing the rents.
Listing Snapshot
Days online131
Last updatedNov 29, 2022
Property typeResidential Income
Beds0
Full baths0
Square ft.5,600
Lot size0.17 Acres
Year built1952
MLS numberPW-22159775
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Join The ListSimilar Listings
Sold$1,206,0004304 CaledoniaLos Angeles, CA 900652 bd · 1 ba · 998 sq ft · built 1956
Sold$1,675,0003221 Griffith Park BoulevardLos Angeles, CA 900273 bd · 3 ba · 1,450 sq ft · built 1924
Sold$1,950,000404 East Randolph StreetGlendale, CA 912076 bd · 3.75 ba · 3,250 sq ft · built 1924
Sold$1,220,0003950 Franklin AvenueLos Angeles, CA 900272 bd · 1 ba · 1,247 sq ft · built 1947
Sold$1,210,0002140 Rome DriveLos Angeles, CA 900653 bd · 2.5 ba · 1,768 sq ft · built 1998
Sold$1,225,0001915 Echo ParkLos Angeles, CA 900262,054 sq ft · built 1922
Listing information © 2026 California Regional Multiple Listing Service (CRMLS) (via the CSMAR data share). All rights reserved. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use.