Property
Listing Office: Marcus & Millichap · Contact: 818-212-2700 · MLS #25533699 · Source: CRMLS
1160 Elm Avenue sold for $11,440,000 in January 2026, 8.5% under its $12,500,000 list price, after 157 days on the market. That works out to $421 per square foot on 27,165 square feet. Across 33 closed sales in 91201 over the last 12 months, the median sold price is $1,660,000 and the median is $711 per square foot, 69% above this sale's $421.
| Quarter | Closed sales in 91201 | Median sold price |
|---|---|---|
| Q1 2026 | 3 | $1,660,000 |
| Q2 2026 | 20 | $1,609,500 |
| Q3 2026 | 10 | $1,797,500 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Glendale · Homes for sale in 91201
We are pleased to present 1160 Elm Avenue, a thirty-four-unit multifamily investment opportunity located in the Grandview neighborhood of Glendale. Constructed in 1986, the asset comprises sixteen two-bedroom/one-and-half-bathroom units, four two-bedroom/one-bathroom units, and fourteen one-bedroom/one-bathroom units spread across four structures. All units have separate meters for gas and electricity, individual water heaters, and 60 AMPs of power. The property has gated entry, an on-site laundry room with two washers and two dryers, 56 parking spaces, and a vacant recreation room that is used as storage but can potentially be converted into an ADU. The property sits on a 26,325 square foot lot and is zoned R2250, making the existing thirty-four units irreplaceable with the current zoning. Situated just north of Glenoaks Blvd and east of Alameda Ave, 1160 Elm is within 2 miles of Burbank's Media City Center and less than 1 mile from IKEA. Glenoaks Blvd is a major thoroughfare that runs through Glendale, Burbank, Sun Valley, and into northeast San Fernando Valley. Tenants can benefit from a variety of retail and places of business along this corridor. Commuters are within five minutes from the nearest on-ramp to the I-5 Freeway, offering ease of access to the 134 Freeway, Burbank, Los Feliz, Atwater and Downtown Los Angeles.
Listing description from the January 2026 sale, as reported to CRMLS.
Closed sales reported in 91201, nearest first, last 12 months. All recent sales in Glendale →