1052 Elm Avenue, Glendale, CA 91201

• Outstanding location in the city of Glendale, near Burbank • Close to IKEA (largest in the U.S.); minutes away from the immensely popular Burbank Town Center and Burbank Empire Center, Glendale Galleria, and Americana at Brand. • Long-time tenants with an estimated ±20% rental upside potential • Same owner since 2004! TRUE VALUE ADD OPPORTUNITY • Excellent demographics with ±$85,000 average household incomes within a 2-mile radius • Easy to maintain property as-is, yet provides upside potential making this as a truly pride-of-ownership luxury apartment • Easy access to the 2 FWY, 5 FWY, and Metrolink Station • Located within the highly desirable Glendale Unified School District • Located in a Very Walkable neighborhood with Walkscore of 81 out of 100 • Perfect for a long-term hold buyer who plans to hold this as a multigenerational investment property or a 1031 exchange buyer

PROPERTY HIGHLIGHTS • Superb unit mix with ALL large 2 bedrooms and 1 bathrooms units • Separately metered for electricity, shared laundry room, and lush landscaping • NEW ROOF completed January 2018 • Each unit is equipped with ample closet and storage spaces, tiled bathrooms, laminate kitchen countertops, deep stainless steel kitchen sinks, oven, gas stove, dining area • Excellent curb appeal with superb frontage on Elm Ave • Some units have been updated with laminate wood flooring, new kitchen cabinets, granite kitchen countertops, tiled bathroom, recessed lighting, and smooth ceilings