$1,525,000
$1,600,000
4.7%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
4 Baths
7,527 Sqft Lot
SOLD DATE : 06/28/2024
Key Details
Sold Price $1,525,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID GD24015207
Sold Date 06/28/24
Bedrooms 5
HOA Y/N No
Lot Size 7,527 Sqft
Property Description
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 its 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.
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 its 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.
Location
State CA
County Los Angeles
Area Glendale (91205)
Zoning Assessor
Building
Lot Description Sidewalks
Story 1
Lot Size Range 7500-10889 SF
Sewer Sewer Connected
Level or Stories 1 Story
Others
Monthly Total Fees $34
Acceptable Financing Exchange
Space Rent $1,475
Listing Terms Exchange
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with NON LISTED AGENT • San Diego
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
1615 Murray Canyon Rd Suite 110, Diego, California, 92108, United States