$1,675,000
$1,995,000
16.0%For more information regarding the value of a property, please contact us for a free consultation.
7,535 Sqft Lot
SOLD DATE : 12/14/2023
Key Details
Sold Price $1,675,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID GD23212525
Sold Date 12/14/23
HOA Y/N No
Year Built 1957
Lot Size 7,535 Sqft
Property Description
An excellent opportunity awaits potential investors looking to acquire a multifamily property in the Riverside Rancho district of Glendale. MIG Commercial Real Estate Services, Inc is pleased to introduce 320 Western Ave in Glendale, a well maintained six-unit multifamily asset. Constructed in 1957, this complex comprises (4) two-bedroom, one-bathroom units, and (2) one-bedroom, onebathroom units. There is a covered carport at the rear of the
building, providing six parking spaces (one per unit). Owner pays common area electricity, gas for the laundry room, and water. Tenants are responsible for all other utilities. There are 7 total electric meters, 7 total gas meters, and 1 water meter. Recent upgrades include the replacement of the main water line and the vertical waste line connecting to the city's infrastructure. Despite heavy rains in the past year, there have been no significant reports
of leaks. Glendale's strategic location offers easy access to major freeways, making it a convenient hub for commuting to various parts of Los Angeles County. The city is also home to the Glendale Unified School District and is just minutes away from renowned establishments like Disney, DreamWorks Animation, the Los Angeles Zoo, and numerous urban parks. Don’t miss this opportunity to claim your next investment!
Location
State CA
County Los Angeles
Area 626 - Glendale-Northwest
Zoning GLR3*
Interior
Cooling Wall/Window Unit(s)
Flooring Carpet
Fireplace No
Laundry Common Area
Exterior
Parking Features Carport
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Biking, Dog Park, Hiking, Horse Trails, Stable(s), Mountainous, Sidewalks, Park
Total Parking Spaces 6
Private Pool No
Building
Lot Description Lawn, Near Park, Near Public Transit
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5626013006
Energy Description 2887.0
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Horse Feature Riding Trail
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard, Trust
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Bought with Eric Dilanian • Remax Commercial and Investment Realty