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Additional details
$ 1,500,000
Est. payment | /mo
4,939 Sqft Lot
$ 1,500,000
Est. payment | /mo
4,939 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26771057
HOA Y/N No
Year Built 1950
Lot Size 4,939 Sqft
Property Description
Don't miss this exceptional investment opportunity to own a 5-unit multifamily apartment building in the highly sought-after community of Glendale. This family-owned and operated property features an attractive unit mix, including one 2-bedroom/1-bath units, three 1-bedroom/1-bath units, and one 1-bath unit (Studio) all with updated electrical system. For added value, 3 of the 5 units will be delivered vacant, providing flexibility for owner-occupancy or market-rate leasing. Though the property does require some updates, the potential here is undeniable. Each unit is individually metered for gas and electricity, enhancing efficiency and ease of management. The property is conveniently located near public transportation, schools, shopping, and major freeways, making it highly desirable for renters.
Location
State CA
County Los Angeles
Area 628 - Glendale-South Of 134 Fwy
Zoning GLR4YY
Interior
Fireplace No
Building
Story 2
Others
Tax ID 5680002022
Special Listing Condition Standard
Listed by Judd Matsunaga LA Citywide Properties, LLC #00771301
NEARBY SCHOOL & BUSINESS