• 1415 Cosmic Way Glendale, CA 91201

  • $2,600,000
  • 0
    Bed(s)
  • 0
    Baths
  • 5,523
    Sq Ft
  • 8445
    Sqft
  • Listed By: Marc Schwartz, Berkshire Hathaway HomeServices California Properties, DRE #01074603
  • Source: CRMLS

Situated in the heart of Glendale, California, this charming 6-unit apartment complex occupies a coveted corner lot, offering both convenience and tranquility to its residents. Nestled within a vibrant neighborhood, it enjoys proximity to shopping centers, restaurants, entertainment venues, and excellent schools, making it an ideal choice for those seeking a blend of urban amenities and suburban charm. Exterior upgrades were recently done with the entire building that boasts a fresh coat of paint that revitalizes its facade, enhancing its curb appeal and creating a welcoming atmosphere for both residents and visitors alike. Additionally, a newer roof has been installed, ensuring durability and protection against the elements, thus providing peace of mind to the tenants. All windows were replaced years ago, enhancing energy efficiency and providing a contemporary look. Newer electrical panels have been installed, offering improved electrical safety and capacity for the entire complex. The property boasts central heating and air conditioning, providing comfort to all the units year-round. The building features copper plumbing throughout, known for its reliability and longevity. Interior features 5 of the 6 units were remodeled with updated kitchens, flooring, and fixtures, offering modern amenities and stylish living spaces. The installation of central heating and air conditioning offers comfort to all residents, while the copper plumbing upgrade guarantees a dependable water supply. Its corner lot positioning allows for ample natural light to flood the interiors, creating bright and airy living spaces throughout. The building offers a diverse range of floor plans to accommodate various lifestyle preferences with large patios downstairs for 4 of the units and two patios for the top 2 units. Five of the units feature spacious two-bedroom layouts, thoughtfully designed to optimize space and functionality, providing residents with comfortable living areas and ample storage options. Additionally, one unit stands out as a generously sized three-bedroom upper apartment, perfect for larger households or individuals seeking extra space for work or leisure activities and a nice patio too. This apartment complex presents an excellent investment opportunity as it offers both immediate rental income and long-term value appreciation potential. The building's prime location offers convenient access to entertainment options and other major attractions in Glendale.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer,Sewer Tap Paid

Interior Features

Roof : Flat,Rolled/Hot Mop

Windows: Double Pane Windows

Property Appliances: Free-Standing Range,Gas Water Heater,Dryer,Washer

Fireplace: None

Flooring: Carpet,Laminate,Vinyl

Cooling Features

Central Air

Air Conditioning

Heating Source

Central,Forced Air,Natural Gas

Has Heating

Fireplace

Fireplace Features: None

Has Fireplace: 0

Building Information

Year Built: 1962

Building Area Total: 5,523

Construction: Brick,Stucco,Copper Plumbing

Roof: Flat,Rolled/Hot Mop

Foundation

Slab

Security Features

Carbon Monoxide Detector(s),Smoke Detector(s)

Pool Features

None

Laundry Features

Common Area,Laundry Room

Fencing

Average Condition,Wood

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1939

Lot Size Source: Assessor

Lot Size Square Feet: 8445

Listing Price Information

Original List Price: 2,600,000

Listing Contract Date: 2024-05-22

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5627014025

Garage and Parking

Garage Description: Assigned

Homeowners Association

Rental Info

Lease Term: Negotiable

Tenant Pays: Electricity

Other Property Info

Source Listing Status: Active

Source Neighborhood: 626 - Glendale-Northwest

Postal Code Plus 4: 2354

Directions: Off flower & Hazel

Zoning: GLR3YY

Source Property Type: Residential Income

Area: 626 - Glendale-Northwest

Property SubType: Apartment

Building and Construction

Property Age: 62

Common Walls: 2+ Common Walls

Property Condition: Turnkey

Structure Type: Apartment

Year Built Source: Assessor

Entry Level: 1

Entry Location: Front

Property Attached: Yes

Levels or Stories: One,Two

Building Total Stories: 1

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Thompson Avenue, Glendale, CA,91201 $96,000 -- -- -- 44707 Sqft
329 Thompson Avenue, Glendale, CA,91201 $3,500,000 7 -- 5,789 8313 Sqft
1119 Winchester Avenue, Glendale, CA,91201 $3,999,500 -- -- 6,952 7208 Sqft
1344 5th Street #8, Glendale, CA,91201 $700,000 2 2 1,291 47108 Sqft
1160 Elm Avenue, Glendale, CA,91201 $12,900,000 -- -- 27,165 26333 Sqft
427 Thompson Avenue #2, Glendale, CA,91201 $899,000 3 3 1,433 16933 Sqft
1063 Justin Avenue, Glendale, CA,91201 $5,720,000 -- -- -- 7327 Sqft
408 Raymond Avenue, Glendale, CA,91201 $1,795,000 5 4 2,923 8371 Sqft
1153 Spazier Avenue, Glendale, CA,91201 $1,985,000 2 1 1,002 7369 Sqft
1510 Allen Avenue, Glendale, CA,91201 $1,599,995 4 2 1,975 9852 Sqft

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ByOwner last updated this listing 06/17/2024 @ 00:10

MLS: SR24104049
LISTED BY: Marc Schwartz, Berkshire Hathaway HomeServices California Properties
SOURCE: CRMLS
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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