517 Vine Street, Glendale, CA 91204

About this property

We are pleased to present 517 Vine Street. A 4 unit investment opportunity located in the non-rent control City of Glendale, CA. The building was built in 1928 and consists of 3,989 square feet of living space. This property features 4 - 2BR+1BA units, which include large living areas, formal dining rooms and separate utility areas with washer/dryer hookups. All units have been tastefully updated and all are individually metered for both gas and electricity. All of the units are spacious and well maintained & include a single car garage, 4 in Total. Incoming rents are as follows: 517 - $1855, 517 ½ - $1795, 519 - VACANT, 519 ½ - $1795. This building is performing at an attractive cap rate and still has potential for improvement as the median rent in the area is $2200!

Listing description from the May 2018 sale, as reported to CRMLS.

Sale history

$1,485,000

Sold May 2018 · listed $1,499,995, orig. $1,549,000, on market February 2018 · MLS #SB18033081 · Source: CRMLS

Listing Agent: Jason Lowery · Listing Office: Keller Williams Beach Cities · Contact: 310-939-9300 · Bought with: Natalie Gonzalez · Sotheby's International Realty

$1,000,000

Sold September 2015 · listed $999,950, on market June 2015 · MLS #SB15122951 · Source: CRMLS

Listing Agent: Edgar Carroll · Listing Office: Sunrise Real Estate Group · Contact: 310-251-9999 · Bought with: Jason Lowery · Keller Williams Realty

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