Marc Schwartz
Berkshire Hathaway HomeServices California Properties
818-993-8900
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.
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Water Source : Public
Sewer : Public Sewer,Sewer Tap Paid
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
Central Air
Air Conditioning
Central,Forced Air,Natural Gas
Has Heating
Fireplace Features: None
Has Fireplace: 0
Year Built: 1962
Building Area Total: 5,523
Construction: Brick,Stucco,Copper Plumbing
Roof: Flat,Rolled/Hot Mop
Slab
Carbon Monoxide Detector(s),Smoke Detector(s)
None
Common Area,Laundry Room
Average Condition,Wood
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1939
Lot Size Source: Assessor
Lot Size Square Feet: 8445
Original List Price: 2,600,000
Listing Contract Date: 2024-05-22
Listing Agreement: Exclusive Right To Sell
Parcel Number: 5627014025
Garage Description: Assigned
Lease Term: Negotiable
Tenant Pays: Electricity
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
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
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.