$2,510,000
$2,695,000
6.9%For more information regarding the value of a property, please contact us for a free consultation.
10 Beds
9 Baths
5,527 SqFt
SOLD DATE : 02/07/2024
Key Details
Sold Price $2,510,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,527 sqft
Price per Sqft $454
MLS Listing ID 22160119
Sold Date 02/07/24
Bedrooms 10
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1962
Lot Size 7,997 Sqft
Lot Dimensions Assessor
Property Description
Don't miss this opportunity to own this beautiful seven-unit turnkey property located in the family-oriented and business-friendly Glendale submarket. The subject property is conveniently located in South Glendale giving tenants easy access to the amenities in Glendale, Atwater Village and DTLA. The 5,527sf two-story building sits on a 7,996sf lot, and is comprised of (2) two bedroom and two bathroom units, (1) two bedroom and one bathroom unit and (4) one bedroom and one bathroom units. All of the units have been fully remodeled including new plumbing and electrical. These spacious, open layout units include engineered hard wood floors, quartz counters, new cabinets, dishwashers, in unit stacked washer/dryers and plenty of natural light. Please note the current owners are achieving 100% rent collections throughout the COVID-19 pandemic. This turnkey property features 7 parking spaces and all units are individually metered for electricity. IMPORTANT NOTE: The Interest Rate of said Loan, 4.21% will remain fixed until July 2026, then become variable, all due in July 2049. Buyer to pay 1% assumption fee plus customary lender underwriting expenses.
Location
State CA
County Los Angeles
Area 628 - Glendale-South Of 134 Fwy
Zoning GLR4YY
Interior
Interior Features Ceiling Fan(s)
Fireplace No
Appliance Dishwasher, Disposal, Refrigerator, Dryer, Washer
Exterior
Garage Carport
Carport Spaces 7
Parking Type Carport
Total Parking Spaces 7
Building
Story 2
Entry Level Two
Architectural Style Mid-Century Modern
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 5640039002
Financing Cash
Special Listing Condition Standard
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Bought with Karine Aslanian • The Agency
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "