Glendale, CA 91205,608 E Elk AVE

$1,500,000

$1,500,000

Est.Price: ?

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Est. payment /mo

6,982 Sqft Lot


SOLD DATE : 06/27/2024

Key Details

Sold Price $1,500,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SR24091021

Sold Date 06/27/24

HOA Y/N No

Year Built 1926

Lot Size 6,982 Sqft

Property Description

Welcome to 608 E Elk Avenue, a promising 4-unit income opportunity nestled in the heart of Glendale, California. Boasting a prime location near the bustling shopping center, this property offers convenience and potential for savvy investors looking to capitalize on the thriving local market.

Each of the four units presents a canvas for renovation and improvement, making this property an ideal prospect for those with a vision for transformation. Whether you're an experienced developer seeking a new project or an investor looking to enhance rental income, this property holds immense promise.

Situated in a desirable neighborhood, residents will appreciate the proximity to amenities such as shops, restaurants, entertainment venues, and public transportation. With its convenient location, tenants will enjoy easy access to all that Glendale has to offer, fostering strong rental demand.

While this property requires work and renovation to unlock its full potential, the investment opportunity it presents is undeniable. With the right upgrades and enhancements, these units have the potential to attract high-quality tenants and generate significant rental income.

Don't miss out on the chance to transform this property into a lucrative investment. Seize the opportunity to revitalize 608 E Elk Avenue and capitalize on its excellent location and income potential. Schedule a viewing today and envision the possibilities that await in this prime Glendale property.

Location

State CA

County Los Angeles

Area 628 - Glendale-South Of 134 Fwy

Zoning GLR4YY

Interior

Heating None

Cooling None

Fireplaces Type Family Room

Fireplace Yes

Laundry None

Exterior

Garage Garage Faces Rear

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Street Lights, Sidewalks

Total Parking Spaces 4

Private Pool No

Building

Lot Description Back Yard, Front Yard

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5674027010

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing FHA

Special Listing Condition Standard, Trust

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California Regional MLS (CRMLS)
Listed by Nicole Stinson • Estate Realty Group, Inc. • 661-816-4234
Bought with Nicole Stinson • Estate Realty Group, Inc.
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