1324 Orange Grove Avenue, Glendale, CA 91205

About this property

BOM! Here's your second chance! Best priced 4-unit in Glendale! Fresh exterior paint. Great property in a prime rental area of Glendale close to schools, shopping and public transportation. Property is fully occupied with some recent electrical and plumbing upgrades. 2 of the units also have new wall AC units. Unit mix is (1) 2-bedroom unit and (3) 1-bedroom units. Rents are well below market. All tenants are month-month and there is no rent control. Hold and collect rents for a moderate CAP rate. Or, update units and increase rents for a better ROI.

Listing description from the June 2017 sale, as reported to CRMLS.

Sale history

$980,000

Sold June 2017 · listed $939,000, on market April 2017 · MLS #317003539 · Source: CRMLS

Listing Agent: Vahan Ambartsumyan · Listing Office: Vahan Ambartsumyan · Contact: 818-388-4054 · Bought with: Carolin Alaverdian · Markarian Realty

$690,000

Sold November 2014 · listed $695,500, orig. $749,000, on market May 2014 · MLS #214017555 · Source: CRMLS

Listing Agent: Gagik Narinyants · Listing Office: Global Realty And Finance · Contact: 818-822-2281 · Bought with: Gagik Narinyants · Global Realty And Finance

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