Property listed by Luxury Collective, Arthur Chalekian [email protected]
$3,195,000
Exceptional 11-unit multifamily property located in the desirable Adams Hill neighborhood of Glendale. This well-maintained, fully occupied asset features ten 1-bedroom/1-bath units and one studio/1-bath unit. Situated on a prime lot, the property offers classic charm with on-site parking, laundry facilities, and strong in-place rents with significant upside potential.… Read More Ideally located just blocks from The Americana at Brand and Glendale Galleria, residents enjoy a walkable neighborhood with access to premier shopping, dining, and entertainment. Easy access to Brand Blvd, the 134 Freeway, top-rated schools, and local parks makes this a high-demand rental location with low vacancy rates. A rare investment opportunity in one of LA County’s most sought-after rental markets, with potential for added value through interior upgrades or additional income streams. Buyer and Buyer's Agent to verify all information, including square footage. Listing Agent and Seller do not guarantee accuracy. Read Less
Listing Snapshot
Days Online
118
Last Updated
Property Type
Apartment
Lot Size
0.19 Acres
Year Built
1961
MLS Number
GD25080366
30 Days Snapshot Of 91205
$687k
-12%
(avg) sold price
4
-33%
homes sold
53
-53%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1961, Building area total: 6,096, Levels: Two, 2 stories, 1 building, Common walls: NoCommonWalls
Community
Curbs, Sidewalks, Valley
Cooling
WallWindowUnits
Expenses
Electric expense: $1,956, Insurance expense: $15,929, New taxes expense: $36,742, Operating expense: $68,961, Trash expense: $4,080, Water sewer expense: $1,956
Fireplaces
None
Heating
WallFurnace
Income
Gross income: $254,124, Net operating income: $185,162
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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