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1160 Elm Avenue | Glendale CA | 7172312012

Levon Alexanian

This listing was posted on Levon Alexanian (via ListedBuy).

$13,800,000

Glendale, Los Angeles County, CA House for sale Property ID: 418772936

Price:
$13,800,000
BR/BA:
5 BR, 3 BA
Location:
1160 Elm Avenue, Glendale, CA
Description:

We are pleased to be retained for this exclusive marketing assignment of the Elm Terraces in Glendale. This 34 1 n. c. unit apartment community is located in the most-sought saleal pocket in all of the city, north of Glenoaks Blvd known as "El Miradero" / Grandview. The demand for saleal housing in this pocket provides for historically low levels of vacancy and in turn premium in saleal levels. The asset has been within the same family ownership for over 3 decades and presents an opportunity to unlock lock value by either loss to lease capture or a mild modernization update. Comprising mostly of 2 1.5 townhouse units, the Elm Terraces built in 1986, offers several key tenant amenities including individual hot water heaters, controlled intercom, and gated parking, ample parking, and storage. The walkability to a plethora of local shops, services, and cafes is a major benefit of living at the Elm Terraces. Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Still available at ListedBuy!
Property Type:
Single-Family Houses
Amenities:
Gated, Storage
For sale by:
Agent/Broker
Agent Name:
Levon Alexanian
February 16 on ListedBuy
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More About this Listing: Glendale, Los Angeles County, CA House for sale Property ID: 418772936
Glendale, Los Angeles County, CA House for sale Property ID: 418772936 is a Five Bedroom 3.5 Bath Single-Family Homes for Sale at 1160 Elm Avenue in Glendale CA. Find other listings like Glendale, Los Angeles County, CA House for sale Property ID: 418772936 and listings near 1160 Elm Avenue by searching Oodle Classifieds for Five Bedroom 3.5 Bath Single-Family Homes for Sale in Glendale CA.