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$3,200,000
Est. payment /mo
16 Beds
16 Baths
6,680 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 6,680 sqft
Price per Sqft $479
MLS Listing ID 25559697
Bedrooms 16
HOA Y/N No
Year Built 1950
Lot Size 0.362 Acres
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
Area 628 - Glendale-South Of 134 Fwy
Zoning GLR4P*
Interior
Heating Wall Furnace
Fireplaces Type None
Fireplace No
Exterior
Parking Features On Street
Pool None
View Y/N No
View None
Accessibility None
Porch None
Private Pool No
Building
Story 1
Entry Level One
Sewer Other
Architectural Style Bungalow
Level or Stories One
New Construction No
Others
Pets Allowed No
Senior Community No
Tax ID 5638006007
Special Listing Condition Standard
Pets Allowed No
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Listed by Arash Salehpour Tosti Incorporated