1052 Elm Ave

$3,750,000
Price
2
Beds
10
Baths
9,716 Sq. Ft.
$386 / Sq. Ft.
9,716
Sq. Ft.
$386
per Sq. Ft.

Description

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...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.
  1. Listed by Justin McCardle • DRE #01895720 • Brokerage DRE #02201380 • Growth Investment Group Pasade • 310-606-0192

Property Details for 1052 Elm Avenue

Parking Spaces Total
12
Private Pool
No
Total Units
10.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
9716
Assessor Parcel Number
5624-006-018
Property Attached YN
true
LISTING UPDATED: 07/15/2025 02:04 PM

Property Details for 1052 Elm Avenue

StatusActive
MLS #AR25159450
Days on Market151
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Res Income 2-4 Units
Year Built1963
CountyLos Angeles County

Location

Listing Courtesy of Growth Investment Group Pasade, Justin McCardle, DRE #01895720
Add your commute

Building Information for 1052 Elm Avenue

Building/Complex1052 Elm AveFloor-Stories3Residences-Pet Policy-Pet Policy Details-Year Built1963Building Size-

Payment Calculator

$20,403 per month

30 year fixed, 6.28% Interest

Principal and Interest

$18,530

Property Taxes

$1,873

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1052 Elm Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $252,900
  • Gross Scheduled Income: $254,940
  • Net Operating Income: $170,969
  • Laundry Income: $2,040
  • Gross Multiplier: 14.51
  • Cap Rate: 4.62
Expense Details
  • Operating Expense: $76,322
  • Fuel Expense: $3,000
  • Electric Expense: $3,600
  • Insurance Expense: $4,800
  • Professional Management Expense: $0
  • Trash Expense: $5,148
  • Water Sewer Expense: $3,600
  • Total Expenses: $76,322
Tax / Assessment Info
  • Tax Block: A
  • Tax Tract Number: 4280
  • Tax Census Tract: 3016.01
  • CFD/Mello-Roos Fee: $3,283
  • Tax Lot: 30
Community / Development
Community / Development
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Entry Location: 2nd Level
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: 6-10 Units/Acre
  • Number Of Units: 10
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 8
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 8
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 10
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,108
  • Unit Type Total Rent: $21,075
  • Unit Type Pro Forma: 26000
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1

Property History for 1052 Elm Avenue

DateEvent & SourcePriceAppreciation
Jul 15, 2025

Listed (Active)

CLAW #AR25159450MR

$3,750,000—
Jul 15, 2025

Listed (Active)

CRMLS #AR25159450

$3,750,000—
Jul 15, 2025

Listed (Active)

SDMLS #AR25159450

$3,750,000—
Jul 7, 2025

Expired

CRMLS #AR25058754

—
Jul 6, 2025

Expired

SDMLS #AR25058754

$3,700,000—
Jul 6, 2025

Expired

CLAW #AR25058754MR

$3,700,000—
Mar 17, 2025

Listed (Active)

SDMLS #AR25058754

$3,700,000—
Mar 17, 2025

Listed (Active)

CLAW #AR25058754MR

$3,700,000—
Mar 17, 2025

Listed (Active)

CRMLS #AR25058754

$3,700,000—
Nov 10, 2019

Withdrawn / Cancelled

CRMLS #PW19160112

$3,550,000—
Nov 10, 2019

Withdrawn / Cancelled

CLAW #PW19160112MR

—
Nov 10, 2019

Withdrawn / Cancelled

SDMLS #PW19160112

—
Jul 7, 2019

Listed (Active)

CLAW #PW19160112MR

$3,550,000—
Jul 7, 2019

Listed (Active)

CRMLS #PW19160112

$3,550,000—
Jul 7, 2019

Listed (Active)

SDMLS #PW19160112

$3,550,000—
Jun 15, 2019

Expired

CRMLS #AR18142186

$3,550,000—
Jun 14, 2019

Expired

SDMLS #AR18142186

—
Jun 14, 2019

Expired

CLAW #AR18142186MR

—
Aug 7, 2018

Price Change

CRMLS #AR18142186

$3,550,000—
Jun 14, 2018

Listed (Active)

CRMLS #AR18142186

$3,600,000—
Jun 14, 2018

Listed (Active)

CLAW #AR18142186MR

$3,600,000—
Jun 14, 2018

Listed (Active)

SDMLS #AR18142186

$3,600,000—
May 20, 2004

Sold (Public Record)

Public Record #134721358

$1,385,000—
DateEvent & SourcePrice
07/15/2025

Listed (Active)

CLAW #AR25159450MR

$3,750,000
07/15/2025

Listed (Active)

CRMLS #AR25159450

$3,750,000
07/15/2025

Listed (Active)

SDMLS #AR25159450

$3,750,000
07/07/2025

Expired

CRMLS #AR25058754

—
07/06/2025

Expired

SDMLS #AR25058754

$3,700,000
07/06/2025

Expired

CLAW #AR25058754MR

$3,700,000
03/17/2025

Listed (Active)

SDMLS #AR25058754

$3,700,000
03/17/2025

Listed (Active)

CLAW #AR25058754MR

$3,700,000
03/17/2025

Listed (Active)

CRMLS #AR25058754

$3,700,000
11/10/2019

Withdrawn / Cancelled

CRMLS #PW19160112

$3,550,000
11/10/2019

Withdrawn / Cancelled

CLAW #PW19160112MR

—
11/10/2019

Withdrawn / Cancelled

SDMLS #PW19160112

—
07/07/2019

Listed (Active)

CLAW #PW19160112MR

$3,550,000
07/07/2019

Listed (Active)

CRMLS #PW19160112

$3,550,000
07/07/2019

Listed (Active)

SDMLS #PW19160112

$3,550,000
06/15/2019

Expired

CRMLS #AR18142186

$3,550,000
06/14/2019

Expired

SDMLS #AR18142186

—
06/14/2019

Expired

CLAW #AR18142186MR

—
08/07/2018

Price Change

CRMLS #AR18142186

$3,550,000
06/14/2018

Listed (Active)

CRMLS #AR18142186

$3,600,000
06/14/2018

Listed (Active)

CLAW #AR18142186MR

$3,600,000
06/14/2018

Listed (Active)

SDMLS #AR18142186

$3,600,000
05/20/2004

Sold (Public Record)

Public Record #134721358

$1,385,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1052 Elm Avenue

Taxable ValueLand$1,108,992Additions$860,177Total$1,969,169
Tax Record2025$22,471 ($1,873 / month)
Home Facts
Total Finished SqFt9,716 SqFtAbove Grade Finished SqFt9,716 SqFtLot Size7,973 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningGLR4YYCountyLOS ANGELESAPN5624-006-018

Schools near 1052 Elm Avenue

This home is within Glendale Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Balboa Elementary School
PublicK to 6

Eleanor J. Toll Middle School
Public6 to 8

Herbert Hoover High School
Public9 to 12

Benjamin Franklin Elementary School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

1052 Elm Avenue is a multi-family home for sale in Glendale, CA 91201. This property was listed for sale on July 15, 2025 by Growth Investment Group Pasade, it's currently listed at $3,750,000. It has been on the market for a total of 151 days and was last sold on May 20, 2004. This listing's school district is Glendale Unified School District. Nearby schools include Balboa Elementary School, Eleanor J. Toll Middle School and Herbert Hoover High School. 1052 Elm Avenue is a 2-bed, 10-bath, 9,716 sqft multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Growth Investment Group Pasade, Justin McCardle, DRE #01895720

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.