• 404 Lincoln Avenue Glendale, CA 91205

  • $5,995,000
  • 0
    Bed(s)
  • 0
    Baths
  • 13,176
    Sq Ft
  • 11905
    Sqft
  • Listed By: Albert Babayan, JohnHart Real Estate, DRE #01012033
  • Source: CRMLS

Investors Dream! An incredible Residential Income property in Glendale is all that you have been waiting for. All units have a washer/dryer. LOW RENTS, which is a great upside for this investment. This is a well-kept 14 unit building that features a nice secured community parking structure and a controlled accessed entry. The units have wonderful open floorplans with laminate flooring, storage space, plus central AC and Heating. Glendale Unified School District. Amazing location. A short distance from Target, Ralphs, Sprout Farmers Market, In-N-Out Burger and more. Close to the 134 and 2 freeways. Rents are below market 3 bedroom unit was recently rented for $3,100.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Building Information

Year Built: 1987

Building Area Total: 13,176

Pool Features

None

Laundry Features

Inside

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.2733

Lot Size Source: Estimated

Lot Size Square Feet: 11905

Listing Price Information

Original List Price: 5,995,000

Listing Contract Date: 2024-03-15

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5680031001

Garage and Parking

Garage Description: Covered,Community Structure

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: 628 - Glendale-South of 134 Fwy

Postal Code Plus 4: 4306

Directions: Off Colorado Blvd. In between: Dixon St and Rock Glen Ave

Zoning: GLR4YY

Source Property Type: Residential Income

Area: 628 - Glendale-South of 134 Fwy

Property SubType: Apartment

Building and Construction

Property Age: 37

Common Walls: 2+ Common Walls

Structure Type: Apartment

Year Built Source: Assessor

Entry Level: 1

Entry Location: street

Property Attached: Yes

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
311 E Maple Street, Glendale, CA,91205 $2,950,000 -- -- 7,099 8752 Sqft
1118 E Palmer Avenue #109, Glendale, CA,91205 $519,900 1 1 610 42145 Sqft
508 S Chevy Chase Drive, Glendale, CA,91205 $1,600,000 5 4 2,860 7527 Sqft
118 S Kenwood Street #405, Glendale, CA,91205 $969,000 2 2 1,203 15073 Sqft
1538 E Broadway, Glendale, CA,91205 $1,200,000 2 2 1,368 7485 Sqft
1534 E Broadway, Glendale, CA,91205 $1,100,000 3 1 1,066 7490 Sqft
524 E Acacia Avenue, Glendale, CA,91205 $3,500,000 -- -- 8,080 7970 Sqft
421 E Acacia Avenue, Glendale, CA,91205 $2,870,000 16 -- 6,206 10211 Sqft
1215 Reynolds Drive, Glendale, CA,91205 $1,350,000 4 1 1,835 6127 Sqft
327 S Madison Way, Glendale, CA,91205 $3,650,000 16 -- 11,305 10304 Sqft

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ByOwner last updated this listing 05/19/2024 @ 14:50

MLS: GD24054330
LISTED BY: Albert Babayan, JohnHart Real Estate
SOURCE: CRMLS
Buyer Agency Compensation: 1.5%
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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