Don't miss this exceptional investment opportunity to own a 5-unit multifamily apartment building in the highly sought-after community of Glendale. This family-owned and operated property features an attractive unit mix, including one 2-bedroom/1-bath units, three 1-bedroom/1-bath units, and one 1-bath unit (Studio) all with updated electrical system. For added value, 3 of the 5 units will be delivered vacant, providing flexibility for owner-occupancy or market-rate leasing. Though the property does require some updates, the potential here is undeniable. Each unit is individually metered for gas and electricity, enhancing efficiency and ease of management. The property is conveniently located near public transportation, schools, shopping, and major freeways, making it highly desirable for renters.
| MLS # | 26771057 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 134 |
| Listing Provided By | LA Citywide Properties, LLC | Judd Matsunaga |
| SQ Feet | 2,842 |
|---|---|
| Story(s) | 2 |
| Units | 5 |
| Building(s) | 1 |
| Zoning | GLR4YY |
| Acreage | 0.11 |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Glendale |
| Zip Code | 91205 |
| Area | 628 Glendale South of 134 Fwy |
| Listing VS Median (in 91205) | |
Price: $1,500,000 low | high Med: $5,000 sqft: 2,842 low | high Med: 1,811 $ / sqft: $528 low | high Med: $3 On site: 134 low | high Med: 3 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Glendale |
| Zip Code | 91205 |
| Area | 628 Glendale South of 134 Fwy |
| Listing VS Median (in 91205) | |
Price: $1,500,000 low | high Med: $5,000 sqft: 2,842 low | high Med: 1,811 $ / sqft: $528 low | high Med: $3 On site: 134 low | high Med: 3 | |