Thank you
Vahagn Stephen
Coldwell Banker Hallmark
818-476-3000
Excellent opportunity to purchase a 4 unit apartment building with a significant upside in rental income. This 4 unit property is in the desirable southeast Glendale area. It provides a tremendous opportunity for an investor to acquire pride in ownership of an asset that has been professionally managed and cared for. As it’s the first time in the market after 24 years of ownership, The property is within a short distance to multiple bus stops located on Colorado, in addition to nearby retail shops and businesses. It provides tenants with ease of access to larger retail centers located at the Glendale Galleria, the Americana of Glendale, and Atwater Village. Tenants also have easy access and proximity to the 134 and 5 Freeways.
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Unit No | Unit Key | Total Bath | Total Bed | Full Bath | Half Bath |
---|---|---|---|---|---|
1 | 1058696890 | 1 | 2 | 1 | 0 |
2 | 1058696890 | 1 | 1 | 1 | 0 |
3 | 1058696890 | 1 | 1 | 1 | 0 |
4 | 1058696890 | 1 | 1 | 1 | 0 |
Water Source : Public
Sewer : Sewer Tap Paid
Fireplace: Bath,Kitchen
Fireplace Features: Bath,Kitchen
Has Fireplace: 1
Year Built: 1939
Building Area Total: 2,860
None
Common Area
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1728
Lot Size Source: Assessor
Lot Size Square Feet: 7527
Original List Price: 1,700,000
Listing Contract Date: 2024-01-22
Listing Agreement: Exclusive Right To Sell
Parcel Number: 5680010003
Lease Term: Negotiable
Tenant Pays: Cable TV,Electricity,Gas
Source Listing Status: Active
Source Neighborhood: 628 - Glendale-South of 134 Fwy
Postal Code Plus 4: 4654
Directions: South of Colorado
Zoning: GLR4YY
Source Property Type: Residential Income
Area: 628 - Glendale-South of 134 Fwy
Property SubType: Quadruplex
Property Age: 85
Common Walls: 1 Common Wall
Structure Type: Quadruplex
Year Built Source: Assessor
Entry Level: 1
Entry Location: Drive way
Property Attached: Yes
Levels or Stories: One
Building Total Stories: 1
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
423 E Harvard Street, Glendale, CA,91205 | $1,850,000 | 3 | -- | 1,732 | 5425 Sqft |
311 E Maple Street, Glendale, CA,91205 | $2,950,000 | -- | -- | 7,099 | 8752 Sqft |
1118 E Palmer Avenue #114, Glendale, CA,91205 | $489,000 | 1 | 1 | 620 | 42145 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 |
404 Lincoln Avenue, Glendale, CA,91205 | $5,995,000 | -- | -- | 13,176 | 11905 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 05/08/2024 @ 19:08
MLS: GD24015207
LISTED BY: Vahagn Stephen, Coldwell Banker Hallmark
SOURCE: CRMLS
Buyer Agency Compensation: 2.75%
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.