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Key Details
Sold Price $1,805,300
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-105
MLS Listing ID 320007439
Sold Date 10/28/21
HOA Y/N No
Year Built 1966
Lot Size 8,777 Sqft
Property Description
Presenting for the first time on the market in over 40 years, a marvelous investment opportunity in the sought-after city of Glendale! Located just above Glenoaks Blvd, this 4,052-sqft two-story Quadruplex provides a carport area with comfortable room four (4) cars total, a tenant shared laundry room located next to the carport, and newer roof. At present, all four large units are tenant occupied. Each unit measures approximately 1,015-sqft and provides 2-bedroom, 1-bathroom each with a Total monthly gross of $7,450. Each tenant pays for their own electric and gas expenses while the Landlord covers the cost of water, trash, and common area electricity, which approximately totals to $300 per month. Centrally located to Downtown Burbank and Downtown Glendale, nearby all the major motion picture studios, 5 and 134 Freeway access, local cafes and dining, and much more.
Location
State CA
County Los Angeles
Area 626 - Glendale-Northwest
Zoning GLR4YY
Interior
Interior Features BuiltinFeatures
Cooling WallWindowUnits
Flooring Vinyl, Wood
Fireplace No
Appliance GasOven, Oven, Refrigerator
Laundry CommonArea, LaundryRoom
Exterior
Parking Features Carport, Driveway, SharedDriveway
Community Features Curbs, Sidewalks
View Y/N No
Total Parking Spaces 4
Building
Lot Description Paved
Entry Level Two
Foundation Raised
Sewer Unknown
Water Public
Level or Stories Two
Others
Tax ID 5623001017
Acceptable Financing Cash, CashtoNewLoan, Conventional
Listing Terms Cash, CashtoNewLoan, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Ashot Baghdiyan • HB Real Estate Group