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Built in 1957, the property consists of a great unit mix of two (2) studio, one bathroom units, ten (10) one-bedroom, one bath units, and two (2) two-bedroom, one bath units. The units are spread out over 8,988 square foot of gross leasable area. The units are separately metered for gas and electricity. Individual parking spaces are located on the ground floor along with the communal laundry room. The investment is offered at an attractive cap rate along with upside in the rents. The loss-to-lease is more easily achieved with AB1482 rent control. Delivered with 2 vacant units. Please contact listing agents for offering memorandum.
Last Updated | 9/14/2024 | Year Built | 1957 |
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Community | Glendale-Northwest | County | Los Angeles |
Additional Details
AIR | Wall/Window Unit(s) |
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AIR CONDITIONING | Yes |
APPLIANCES | Range, Refrigerator |
AREA | Glendale-Northwest |
CONSTRUCTION | Stucco |
GARAGE | Assigned, Carport |
HEAT | Wall Furnace |
LOT | 7403 sq ft |
PARKING | Assigned,Carport |
POOL DESCRIPTION | None |
SEWER | Other |
STORIES | 2 |
STYLE | Mid-Century Modern |
VIEW | Yes |
VIEW DESCRIPTION | Hills |
ZONING | GLR4H* |
Location
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