$1,800,000
$1,799,000
0.1%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
6 Baths
3,488 SqFt
SOLD DATE : 10/26/2023
Key Details
Sold Price $1,800,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,488 sqft
Price per Sqft $516
MLS Listing ID 23313435
Sold Date 10/26/23
Bedrooms 6
HOA Y/N No
Year Built 1939
Lot Size 10,193 Sqft
Property Description
You don't want to miss this one! Prime location adjacent to Lexus of Glendale and Auto Row. Less than 1 mile south of the Americana. Fantastic opportunity to own a well cared for six unit multifamily property that has been in the same family for over 25 years. Nestled on a tree lined street off Brand Blvd, all 6 units are 1BR+1BA and range between 570 - 606 SF each (per title). Built in the late 1930's, the property has charming original features such as bay windows, curved ceilings, tile mosaics, built ins, and more. Some units have newer upgrades such as laminate wood floors, and the electrical has been upgraded throughout. Additionally, there is a laundry room and garages in the rear. The property was originally built as apartments and converted to "Own Your Owns" in the 1950's. Each unit has it's own separate parcel number, but they are not condos as there is no tract map or HOA. The property represents a unique investment property with almost 20% upside in rents. One unit is currently vacant, call for a marketing package and rent roll.
Location
State CA
County Los Angeles
Area 628 - Glendale-South Of 134 Fwy
Zoning GLR-4
Interior
Interior Features Ceiling Fan(s)
Heating Natural Gas, Wall Furnace
Flooring Laminate, Tile
Fireplaces Type None
Fireplace No
Appliance Disposal, Gas Oven, Refrigerator, Dryer, Washer
Laundry Common Area, Laundry Room, Outside
Exterior
Garage Spaces 6.0
Garage Description 6.0
Pool None
View Y/N No
View None
Roof Type Composition,Shingle
Porch None
Attached Garage No
Total Parking Spaces 6
Private Pool No
Building
Faces South
Story 1
Entry Level One
Foundation Raised
Sewer Sewer Tap Paid
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5640011054
Special Listing Condition Standard
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Bought with Henrik Arakelian • Home Land Brokers