Property listed by Markarian Realty, Vartan Markarian [email protected]
$3,499,999
Unique and Prime investment opportunity to purchase 13 units built in 1982, desirable Glendale area. Pride of ownership. Current rents are about $324000 a year. Eight 1 bed 1 bath, Five single. The property is centrally located for commutes, supermarkets, restaurants and schools .… Read More Driving distance downtown Los Angeles, Burbank, Montrose, Americana and Glendale Galleria, NOHO district, Old Town Pasadena, and the Rose Parade, JPL. Local LA and Hollywood attractions include the Music Center, Disney Music Hall, and Hollywood Bowl. This 13 units is truly one of a kind and great investment. Has copper plumbing, newer roof, updated windows, convenient coin operated laundry and wall A/C’s. Everything in this area sells quickly, priced right and will not last long in this market. Read Less
Listing Snapshot
Days Online
1
Last Updated
Property Type
Apartment
Lot Size
0.18 Acres
Year Built
1982
MLS Number
GD25167588
30 Days Snapshot Of 91205
$687k
0%
(avg) sold price
4
-20%
homes sold
53
-54%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1982, Building area total: 4,836, 1 building, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
Curbs
Expenses
Electric expense: $8,400, Fuel expense: $8,400, Insurance expense: $9,000, Operating expense: $83,100, Trash expense: $3,000, Water sewer expense: $8,400
Fireplaces
SeeRemarks
Garage
8 spaces
Income
Gross income: $1,200, Net operating income: $249,300
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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