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447 W Elk AvenueGlendale, CA 91204

For Sale

$5,550,000

Smart Buyer Rebate $55,500

Located at 447 W Elk Ave in Glendale, CA, this well-maintained 16-unit apartment community offers investors a stabilized multifamily asset in one of Los Angeles County's most desirable rental submarkets. COnstructed in 1964, the +/-12,704 square foot building features a diverse unit mix comprised of (8) one-bedroom/one-bathroom units, (4) two-bedroom/one-and-a-half bath units, and (4) two-bedroom/two-bath units, catering to a broad tenant demographic. Ownesrhip has managed the property effectively, and current operations reflect performance near market rents, providing immediate income with potential for incremental upside. Situated in a convenient Glendale location, the property benefits from proximity to major employment hubs, retail corridors, and entertainment destinations throughout Glendale and neighboring Burbank. Residents enjoy easy access to The Americana at Brand, Glendale Galleria, and a wide variety of dining options, while commuters benefit from close connectivity to the 5 and 134 freeways. The surrounding neighborhood offers a strong blend of urban convenience and residential appeal, making this property an attractive option for long-term renters seeking quality housing in a high-demand market.

Listed by Daniel Withers

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License #01325901

·

Matthews Real Estate Investment Services

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818-923-6107

Last updated March 16, 2026

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Source: CRMLS #26657803

Listing Facts

  • TypeMulti-family
  • NeighborhoodPacific-Edison
  • Bedrooms24
  • Days on Prevu18
  • Size12,704 sqft
  • Price per sqft$437

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

02/27/2026
Listed by Matthews Real Estate Investment Services
$5,550,000

Property Details for 447 W Elk Avenue

Exterior

Construction

  • Number Of Units Total: 16
  • Year Built: 1964

Measurements

  • Building Area Total: 12,704
  • Lot Size Acres: 0.28
  • Lot Size Area: 12,504
  • Lot Size Dimensions: 50,125
  • Lot Size Source: Other
  • Lot Size Square Feet: 12,504
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.52
  • Gross Income: $400,872.00

Taxes

  • Parcel Number: 5696003026

Interior

Measurements

  • Living Area: 12,704
  • Living Area Source: Other

Rooms

  • Bathrooms Total Integer: 25
  • Bedrooms Total: 24

Parking

Parking

  • Parking Total: 16

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 24 bedrooms in this multi-family home at 447 W Elk Avenue.

Does this multi-family home have parking?

Yes, there are 16 parking spaces available for 447 W Elk Avenue.

How does 447 W Elk Avenue compare to other multi-family homes in Pacific-Edison?

This multi-family home is listed 13% below the average price for multi-family homes in Pacific-Edison and has been on the market for 31 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 12,704 sqft.

447 W Elk Avenue is a 24-bedroom multi-family home for sale in Glendale CA 91204. On Prevu for 18 days at $5,550,000. This property features 12,704 square feet of living space, located in Pacific-Edison. The median listing price for multi-family homes in this area is $2,000,000. Property amenities include parking. Explore more multi-family home listings in Glendale.

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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.