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$ 3,200,000
Est. payment | /mo
6,680 SqFt
$ 3,200,000
Est. payment | /mo
6,680 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,680 sqft
Price per Sqft $479
MLS Listing ID CL25559697
HOA Y/N No
Year Built 1950
Lot Size 0.362 Acres
Acres 0.36
Property Sub-Type Other
Property Description
6.3% CAP Rate. 16-unit bungalow-style apartment building situated on a large lot in prime Glendale. Listing price is under market value, offering strong upside potential for the right investor. All units are fully leased on month-to-month terms, allowing flexibility for repositioning. Property features classic California bungalow charm with potential to add private patios. Great unit mix and solid income-producing asset in a high-demand rental market. Close to schools, shopping, and transportation. 8% increase added to rent in October. Open to 1031 Exchange. Showings scheduled after offer is submitted. Drive-by only.
Location
State CA
County Los Angeles
Zoning GLR4
Interior
Heating Wall Furnace
Fireplace No
Exterior
Utilities Available Other Water/Sewer
View Y/N false
View None
Building
Water Other
New Construction No
Others
Tax ID 5638006007
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Listed by Arash Salehpour • Tosti Incorporated
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "