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$ 3,200,000
Est. payment | /mo
0.37 Acres Lot
$ 3,200,000
Est. payment | /mo
0.37 Acres Lot
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD25216860
HOA Y/N No
Year Built 1910
Lot Size 0.369 Acres
Property Sub-Type Apartment
Property Description
Prime Montrose ( North Glendale ) location. Incredible opportunity to own a high cap rate, below market rent investment property.
The building features 10 units and includes a non conforming apartment which has been rented and producing income for many years.
The property features a large lot , over 16000 sf, that would accommodate more than one ADU's, check with the City.
Most units have been recently remodeled and upgraded, including new kitchen and appliances, new bathrooms and flooring.
The building features 10 units and includes a non conforming apartment which has been rented and producing income for many years.
The property features a large lot , over 16000 sf, that would accommodate more than one ADU's, check with the City.
Most units have been recently remodeled and upgraded, including new kitchen and appliances, new bathrooms and flooring.
Location
State CA
County Los Angeles
Area 635 - La Crescenta/Glendale Montrose & Annex
Interior
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 10
Pool Association, In Ground
Community Features Street Lights, Sidewalks
Total Parking Spaces 10
Private Pool No
Building
Lot Description Sloped Down
Story 3
Sewer Sewer Tap Paid
Water Public
New Construction No
Others
Senior Community No
Tax ID 5610022033
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
Listed by Ara Yessaian Park Place Properties Inc arayessaian@yahoo.com
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Deborah Bush
License ID: 01964485