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1157 Justin Avenue

Glendale, CA 91201
  • $3,500,000
  • STATUS: Active
  • ON SITE: 19 Days
  • ID#: GD22090743
UPDATED: 21 min ago
$3,500,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Listing Agent(s): Ani Eskandarian of Coldwell Banker Hallmark (818-476-3000)


Description

8-Units located in prime Glendale. A great investment opportunity with an upside in rental income potential. 3(2+2), 3(2+1), 2(1+1) - Garden-style 2-story apartment building, well-maintained property, requiring low maintenance and upkeep. Close to shopping, entertainment The Americana at Brand and the Glendale Galleria. Centrally located with easy access to freeways. Coin laundry in the complex. Glendale is one of the most desirable cities for investments. Per the Seller, the loan is assumable with a favorable interest rate, subject to the lender's approval. This is your chance to invest in your future

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-25T22:30:26.827. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/128405635
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1157 Justin Avenue Glendale, CA 91201

  • Price: $3,500,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 21 min ago
  • ID#: GD22090743
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1963
Built
Neighborhood:
Not Applicable-105
County:
Los Angeles
Area:
626 - Glendale-Northwest
Property Description
8-Units located in prime Glendale. A great investment opportunity with an upside in rental income potential. 3(2+2), 3(2+1), 2(1+1) - Garden-style 2-story apartment building, well-maintained property, requiring low maintenance and upkeep. Close to shopping, entertainment The Americana at Brand and the Glendale Galleria. Centrally located with easy access to freeways. Coin laundry in the complex. Glendale is one of the most desirable cities for investments. Per the Seller, the loan is assumable with a favorable interest rate, subject to the lender's approval. This is your chance to invest in your future
Exterior Features

Carport Spaces 0 Lot Features Near Public TransitStreet Level Number Of Separate Electric Meters 9 Open Parking Spaces 5 Parking Features Covered Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Cap Rate 0 Common Interest None Community Features Sidewalks Electric Expense 0 Fuel Expense 1800 Garage YN Yes Gross Income 1800 Gross Scheduled Income 196800 Insurance Expense 0 Land Lease Amount 0 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Maintenance Expense 0 Net Operating Income 183204 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 9 Number Of Separate Water Meters 1 Number Of Units Leased 0 Operating Expense 13596 Other Expense 0 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 0 Tax Annual Amount 0 Total Actual Rent 0 Trash Expense 2640 Vacancy Allowance 0 Vacancy Allowance Rate 0 Water Sewer Expense 8196 Water Source Private Zoning Glr4yy



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-25T22:30:26.827. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): Ani Eskandarian of Coldwell Banker Hallmark (818-476-3000)