Glendale, CA 91204,117 Magnolia AVE
Glendale, CA 91204,117 Magnolia AVE
Glendale, CA 91204,117 Magnolia AVE
Glendale, CA 91204,117 Magnolia AVE
Glendale, CA 91204,117 Magnolia AVE
Glendale, CA 91204,117 Magnolia AVE
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$1,800,000

$1,799,000

0.1%
Est.Price: ?

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Est. payment /mo

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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California Regional MLS (CRMLS)
Listed by Dana Coronado • Equity Union
Bought with Henrik Arakelian • Home Land Brokers
agent-avatar

+1(619) 519-2303

steve@stevelucal.com

PO Box 181892, Coronado, California, 92178, United States

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