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Key Details
Sold Price $1,350,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID GD22107684
Sold Date 07/12/22
Bedrooms 5
Property Sub-Type Res Income 2-4 Units
Property Type Res Income 2-4 Units
Property Description
Best if sold concurrently with neighboring property (mls#GD33107552), as the combined wide linear frontage is important as Glendale provide bonus density for lots which have more than ninety-foot frontage (buyer to verify). All tenants are month to month (no leases). Total of eight parking spaces. There is a coin-op laundry attached to 438C. Gardening storage is attached to 432. Supply storage attached to 438B. for gardening, etc. on each fourplex. Check with city re: rental restrictions. ***Please excuse the clutter in the photos these are tenant occupied**** 432 Ivy 2 bed 1 bath $1,300 432 A Ivy- 1 bed with additional area used as bedroom 1 bath $900 432 B Ivy 1 bed bath hardwood throughout $885 434 Ivy 1 bed 1 bath $1,000 438 Ivy 1 bed 1 bath $900 438 A Ivy - 1 bed 1 bath $900 Tenant owns refrigerator and stove. Owner pays gas and water only 438 B Ivy- 1 bed 1 bath $900 Owner pays gas and water only 438 C Ivy 1 bed 1 bath $875 owner pays all utilities as coin-op laundry attached to 438C 7 separate gas meters 7 out of 8 refrigerators are owners, 7 of the 8 stoves are owners 432 A & B share a meter therefore owner pays theirs Owner pays water and trash for each unit While the city of Glendale does not have rent control there is rent stabilization. It caps rent increased by 5% + Cost of Living Index - BUYER TO VERIFY
Location
State CA
County Los Angeles
Zoning Assessor
Direction near Galleria
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
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Bought with Arvin Nazari California State Realty
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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