1026 SAN RAFAEL Avenue, Glendale, CA 91202

About this property

This is a great opportunity to purchase an excellent 8 unit income investment in prime Glendale location north of Glenoaks Blvd in close proximity to shopping, transportation, restaurants and major freeways. The building has an excellent unit mix of (7) 2+1 units and (1) 2+den+2 unit that has been used as 3 bedrooms. The property sits on a ±8,417 SF lot with a total building size of ±7,624 SF. One of the units recently has gone under complete renovation (pictures) and rented out at the market rent. Most of the rents are on a month-to-month basis and are way below the market, huge upside potential. Easy to manage. Drive-by only, do not disturb or contact the occupants.

Listing description from the June 2019 sale, as reported to CRMLS.

Sale history

$3,176,000

Sold June 2019 · listed $3,196,000, on market May 2019 · MLS #19467950 · Source: CRMLS

Listing Agent: Shahram Salehian · Listing Office: Global Major Properties · Contact: 310-967-7707 · Bought with: Hovik Tahmasian · Coldwell Banker Hallmark

$2,900,000

Sold July 2018 · on market April 2018 · MLS #318001546 · Source: CRMLS

Listing Agent: Sarkis Jossakian · Listing Office: Keller Williams R. E. Services · Contact: 818-432-3200 · Bought with: Arutyun Kostikyan · 1st Eagle Realty

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