E Elk Avenue

Glendale | California

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Presented At

$4,995,000

Bedrooms

Living

10,700

SQFT

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629

E Elk Avenue

Glendale | California

629 E Elk Avenue, Glendale, California, United States. , Glendale , California

Residential Income in Glendale

Built in 1986 and well-maintained, 629 E Elk offers immediate curb appeal, solid in-place income, and future upside through already-initiated ADU conversion plans. Just minutes from The Americana at Brand, Glendale Galleria, and the Fashion Center, the property sits blocks from the cafes, restaurants, and office hubs that line Brand Boulevard. Its central location draws from a large pool of high-income renters employed at nearby law firms, financial institutions, entertainment companies, and major film studios. The building is comprised of (8) 2-bdrm. and (6) 1-bdrm. units, averaging approximately 750 SF. 10 of the 14 units have been renovated with wood-laminate flooring, quartz countertops, stainless steel appliances, upgraded tilework, and select units feature new mini-split A/C systems. A major value driver is the opportunity to convert three 30'x10' storage units into (2) 2-bedroom ADUs, plans for which are already in progress with the City of Glendale. The projected monthly rent from the ADUs is $4,990. Property amenities include 21 side-by-side parking spaces and a modern coinless laundry facility. Please note, Glendale currently allows for annual rent increases of 8.8%, making this one of the most landlord-friendly submarkets in LA County. With updated units, expansion potential, and an unbeatable location just blocks from Glendale's premier amenities, 629 E Elk offers an ideal mix of stability, upside, and long-term growth.

Property

3D Street View Tour

Property Location

629 E Elk Avenue, Glendale, California, United States., Glendale California

Local Weather & Climate

Glendale, California

Current Conditions Updated recently

59 °F

Clear sky

Feels Like 57°F

Humidity 42%

Wind 4 mph

Visibility 6.2 mi

Sunrise 2:52 PM

Sunset 1:18 AM

5-Day Forecast

Thu 29 Jan

Clear

High 78°

Low 58°

Fri 30 Jan

Clear

High 80°

Low 62°

Sat 31 Jan

Clear

High 81°

Low 65°

Sun 1 Feb

Clear

High 81°

Low 65°

Mon 2 Feb

Clouds

High 78°

Low 62°

Annual Climate Based on last 12 months

57° Avg Low

Jan

79° Avg High

Aug

56 Rainy Days

per year

Arid

Semi-Arid

Moderate

Wet

25.6" Annual Rainfall

Semi-Arid climate

Monthly Temperatures

Jan

69°

46°

Feb

71°

49°

Mar

83°

57°

Apr

75°

54°

May

76°

56°

Jun

81°

59°

Jul

90°

65°

Aug

94°

68°

Sep

87°

66°

Oct

86°

63°

Nov

70°

53°

Dec

68°

50°

Data from OpenWeatherMap & Open-Meteo

Walkability & Transit Scores

How easy is it to get around Glendale?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (United States)

$0 Est. First Year Interest Deduction

$0 Est. Annual Tax Savings

*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Tax Information Disclaimer

The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
Uses simplified assumptions that may not apply to your circumstances, including filing status, total income, other deductions, alternative minimum tax considerations, and local tax variations.
Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 629 E Elk Avenue, Glendale, California, United States have?

This other at 629 E Elk Avenue, Glendale, California, United States features 22 bedrooms with 10,700 square feet of living space.

What is the size of 629 E Elk Avenue, Glendale, California, United States?

This property offers 10,700 square feet of living space.

What is the listing price for 629 E Elk Avenue, Glendale, California, United States?

This property is listed at $499,500,000, which equals $46682 per square foot.

What is the climate like in Glendale?

Glendale features a pleasant climate. Average temperatures range from 57°F in winter to 79°F in summer. The area receives approximately 25.6 inches of precipitation annually. There are about 56 days with rain throughout the year. This climate information can help you plan for seasonal activities and energy costs.

What are the best months to visit or move to Glendale?

Glendale tends to be warmest in Aug and coldest in Jan. The shoulder seasons of spring and fall often offer the most comfortable weather for moving and outdoor activities.

What type of property is 629 E Elk Avenue, Glendale, California, United States?

This is a other located in Glendale, California. The property is situated in an established neighborhood with convenient access to local amenities and services.