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Closed
- Listed price
- $3,600,000
- Listed Jul 6, 2017
- Sold price
- $3,760,000
- Sold Oct 20, 2017
13,531 sqft lot|1986 Built|3 MLS days on market
629 E Elk Ave, Glendale, CA 91205
Property Description
Newer built(1986)14 units. Located in a secure gated building. Double lot with subterranean parking. There are 8 two bedroom one bath and 6 one bedroom one bath. Property has long term tenants and the lease amounts have not been properly adjusted for the past 12 years. Most of the units are on month to month lease contract. Units 13 and 14 information are combined due to input limitation. The pro-forma income is based on the current comps for the area, estimated at $273,600 after future rental adjustment. Operating expense will change to $90,000 and estimated net income will be $183,500. Estimated future cap rate = 5.09 Estimated future Gross multiplier = 13.15 Buyers are hereby advised to check the most current comps for more accurate projections.
Listing agent: Kamran MahdaviDRE #01234129kamranmahdavi@hotmail.com, Listing office: Berkshire Hathaway HomeService
MLS data updated 10/23/2026, 2:06:58 AM PT
Source: CRMLSMLS #: OC17154516
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Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$3,760,000
Oct 20, 2017
Available records22017
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 91205 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 91205 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
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ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
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