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6.1 CAP Rate. Back In the Market. Buyer exchange fell through. 12 Units bungalow style apartment building situated on a large lot. You can find old California bungalow style charm with hardwood floors (some has been changed) and with little of imagination majority of the units can have private patios in front of their doorsteps. There are 2 Two Bedrooms with 1 bath, 10 One bedroom with 1 Bath. Built in 1923. With excellent rental values.The property is located in South Glendale near Americana on Bran and Glendale Galleria. Close to schools and transportation.It is a trust sale and property will be sold in its present condition. Submit offers by 4.30.2025 with source of fund. Call agent for Offering Memorandum and possibility of walk through the property and seeing couple of units.
Property Type(s):
Residential Income
| Last Updated | 4/21/2025 | Year Built | 1923 |
|---|---|---|---|
| Community | Glendale-South of 134 Fwy | County | Los Angeles |
Price History
| Prior to Apr 21, '25 | $3,500,000 |
|---|---|
| Apr 21, '25 - Today | $3,390,000 |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Glendale-South of 134 Fwy |
| GARAGE | None |
| LOT | 0.4 acre(s) |
| LOT DESCRIPTION | 0-1 Unit/Acre |
| PARKING | None |
| POOL DESCRIPTION | None |
| SEWER | Sewer Tap Paid |
| STORIES | 1 |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | GLR4YY |
Location
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