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1523 Rock Glen Avenue

Glendale, CA 91205
  • $1,690,000
  • STATUS: Active
  • ON SITE: 27 Days
  • ID#: GD22089035
$1,690,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1941
County:

School Ratings & Info

Listing Agent(s): Silvia Manukian of Your Management & Real Estate (877-250-5858) and Edik Minassian of Classic Realty Exchange(818-502-4100)


Description

Lovely 4-plex on a beautiful tree-lined Street with 88 walk score. All units have original hardwood floors and character with upgrades to most units. Laundry on-site with new machines and two 2-car garages. One of the garages has been completely updated with drywall and recess lighting and is pending a permit for ADU, plans have been approved. The unit mix is 4 (1+1) and a single unit with a modern bathroom, all bungalow cottage style units. For detailed information please see attachments for income and expense and ADU plans.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T00:32:21.227. 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/128230319
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1523 Rock Glen Avenue Glendale, CA 91205

  • Price: $1,690,000
  • Status: Active
  • On Site: 27 Days
  • ID#: GD22089035
0
Beds
0
Baths
0
½ Baths
0.23
Acres
1941
Built
Neighborhood:
628 - Glendale-South of 134 Fwy
County:
Los Angeles
Area:
628 - Glendale-South of 134 Fwy
Property Description
Lovely 4-plex on a beautiful tree-lined Street with 88 walk score. All units have original hardwood floors and character with upgrades to most units. Laundry on-site with new machines and two 2-car garages. One of the garages has been completely updated with drywall and recess lighting and is pending a permit for ADU, plans have been approved. The unit mix is 4 (1+1) and a single unit with a modern bathroom, all bungalow cottage style units. For detailed information please see attachments for income and expense and ADU plans.
Exterior Features

Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 4 Open Parking Spaces 4 Parking Features Assigned Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes Road Surface Type Paved View None View YN No

Interior Features

Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Flooring Wood Heating Forced Air Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 3.9 Common Interest None Community Features Sidewalks Current Financing Conventional Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 96654 Gross Scheduled Income 96654 Insurance Expense 150 Land Lease YN No Laundry Features Common Area Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 65629 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 5 Operating Expense 31025 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Actual Rent 8024.5 Trash Expense 100 Utilities Sewer Connected Vacancy Allowance 2899 Vacancy Allowance Rate 3 Water Sewer Expense 250 Water Source Public Zoning Glr4yy



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T00:32:21.227. 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): Silvia Manukian of Your Management & Real Estate (877-250-5858) and Edik Minassian of Classic Realty Exchange(818-502-4100)