$2,250,000
$2,350,000
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8,881 Sqft Lot
SOLD DATE : 11/12/2021
Key Details
Sold Price $2,250,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-105
MLS Listing ID 320008057
Sold Date 11/12/21
HOA Y/N No
Year Built 1951
Lot Size 8,881 Sqft
Property Description
5 Unit Apartment Building ($470,000 per untit)... DO NOT walk on the property without an appointment!! This mid-century treasure features 5 units consisting of 4 two bed/1 bath units, an attached house with 1 bed/1 bath with it's own small private yard, plus 5 single car garages, one for each unit. All units have their original hardwood floors. Two units will be delivered vacant. The 2 upstairs units feature gorgeous vaulted wood beam ceilings and balconies with spectacular mountain views, the 2 bottom units feature over-sized patios that also have mountain views (Unit B's patio measured at 450 square feet). Units are metered separately for gas and electricity. Owner pays water and trash. The laundry room has a coin operated washer and dryer that brings in extra income. The building has copper plumbing, updated electrical, and a 40 year roof that is approximately 17/18 years old. Award winning public schools too... Fremont Elementary, Rosemont Middle School, and Crescenta Valley High School. Also with a walkability score of 74, most errands can be done on foot. Nearby there is Vons, CVS, Marshall's, restaurants, Starbucks, the UA Movie Theater, & Verdugo Hills Hospital. A few blocks down is Montrose Shopping Park with it's hip restaurants, whimsical shops, a Sunday farmer's market, Trader Joes, and a public library. Other local amenities include hiking/biking trails and Descanso Gardens. *Financing option sheet available.
Location
State CA
County Los Angeles
Area 635 - La Crescenta/Glendale Montrose & Annex
Zoning GLR4*
Interior
Interior Features Utility Room, Workshop
Heating Natural Gas
Cooling Wall/Window Unit(s)
Flooring Carpet, Wood
Fireplace No
Appliance Gas Oven, Gas Water Heater
Laundry Common Area, Laundry Room
Exterior
View Y/N Yes
View Mountain(s)
Roof Type Composition
Total Parking Spaces 5
Building
Faces East
Entry Level Two
Sewer Sewer Tap Paid
Water Public
Architectural Style Mid-Century Modern
Level or Stories Two
Others
Tax ID 5613003007
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Trust
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Bought with Pakrad Markarian • Remax Optima
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "