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$1,500,000
Est. payment /mo
2,842 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 2,842 sqft
Price per Sqft $527
MLS Listing ID CL26771057
HOA Y/N No
Year Built 1950
Lot Size 4,940 Sqft
Acres 0.1134
Property Sub-Type Comm Ind For Sale
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
Zoning GLR4YY
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 5680002022
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Listed by Judd Matsunaga • LA Citywide Properties, LLC
NEARBY SCHOOL & BUSINESS
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