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$ 1,755,000
Est. payment | /mo
7,840 Sqft Lot
$ 1,755,000
Est. payment | /mo
7,840 Sqft Lot
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2506350
HOA Y/N No
Year Built 1965
Lot Size 7,840 Sqft
Property Description
This 9 unit apartment community in Glassell Park offers a desirable unit mix, convenient location and significant rent upside. This property is composed of one 3 bed/2 bath unit; one 2 bed/2 bath unit; three 2 bed/1 bath units; three 1 bed/1 bath units; and one studio. All units are occupied. Upon tenant turnover, this property presents a potential 47% upside in rental income. Located in a residential area near schools, the Glassell Park & Recreation Center, and access to the Glendale Freeway, this property is also a short drive from Occidental College and shops & dining on York St to the East, Glendale to the North, Griffith Park to the West, and all that Greater Los Angeles has to offer.
Location
State CA
County Los Angeles
Area 623 - Glassel Park
Zoning LARD2
Interior
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 5
Pool None
Community Features Curbs, Suburban, Sidewalks
View Y/N No
Total Parking Spaces 9
Private Pool No
Building
Lot Description Level
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 5458021026
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2506350
Listed by Jeff Kim eXp Realty of California, Inc. Jeff@kimrealtygroup.com
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Dan Andrizzi
Broker-Associate | Lic# 01440387