Property · 2 recorded sales since 2015
Listing Agent: David Nalbandyan (DRE #01869296) · Listing Office: LA Premier Realty · Contact: 855-525-7653 · Bought with: General NONMEMBER · CRMLS · MLS #BB16751403 · Source: CRMLS
is proud to present this low maintenance 5 Unit Apartment Building in great Glendale location, Built in 1986 with Central AC and No Rent Control. Based on existing rents, asking GRM is only 15.78 and CAP Rate of 4.58%. Great unit mix with three (3) 2+1.5 Units, and (2) 1+1 Units. Front unit is a 2+1.5 townhouse featuring an In-Unit Washer and Dryer, private balcony with mountain views and 3 assigned parking spaces. Building features include a Security Gated Entry, 9 Parking Spaces, Private Storage for each unit, and Community Laundry with New Washer and Dryer (not leased). Most units have been remodeled with brand new kitchens, updated bathrooms, recess lighting, crown moldings, quartz counter tops, laminate and tile flooring, and more.
Listing description from the February 2017 sale, as reported to CRMLS.