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Key Details
Sold Price $2,975,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID GD22208401
Sold Date 11/04/22
Bedrooms 6
Property Sub-Type Res Income 2-4 Units
Type of Financing Cash
Property Type Res Income 2-4 Units
Property Description
Wonderful opportunity to acquire a very well maintained multi-family income property in the Grandview neighborhood of Glendale; the property is comprised of four (4) two (2) bedroom, one (1) bathroom units and four (4) one (1) bedroom, one(1) bathroom units; all tenants are month-to-month; the building was constructed in 1960; the units are separately metered for gas and electricity; new central hot water heater in 2019; new laundry machines (Speed Queen) in 2020; generous upside in rents; parking is six (6) spaces in three (3) two (2) car, closed garages off the alley; all windows replaced in 2017; roof replaced in 2015; copper plumbing throughout; sewer connection in the public right-of-way has been replaced; wall air conditioning in all of the units; two (2) units upgraded in terms of flooring, counter tops and cabinetry; three (3) units with upgraded flooring; located just south of Glenoaks Boulevard and east of Alameda Avenue near Downtown Burbank; less than 1/3 of a mile to Trader Joes and Walgreens
Location
State CA
County Los Angeles
Zoning Public Rec
Direction South of Glenoaks Blvd and east of Alameda Ave near Downtown Burbank
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Acceptable Financing Cash
Listing Terms Cash
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Bought with Levon Matti Re/Max Tri-City Realty
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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