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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$5,300,000

Est. payment - /mo

8,851 Sqft Lot

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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB26092017

HOA Y/N No

Year Built 1931

Lot Size 8,851 Sqft

Property Sub-Type Apartment

Property Description

Fully renovated 15-unit apartment building with additional income from 8 storage units in prime Glendale location. Recently remodeled with updated interiors and systems, offering a turnkey investment opportunity. Offered below appraised value with a projected 6%+ CAP rate (pro forma). Ideal for lease-up or value-add strategy (buyer to verify). Conveniently located near The Americana at Brand and Glendale Galleria with easy access to shopping, dining, and major freeways. Excellent opportunity for investors and 1031 exchange buyers.

Location

State CA

County Los Angeles

Area 628 - Glendale-South Of 134 Fwy

Interior

Fireplace No

Laundry Stacked

Exterior

Parking Features None

Pool None

Community Features Street Lights

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Private Pool No

Building

Lot Description Front Yard

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5641007017

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Steve Hovakimyan City Center Realty Group #01363908

NEARBY SCHOOL & BUSINESS

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125 W Chestnut ST Glendale, CA 91204