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616 E Lomita

Glendale, CA 91205
Active Under Contract
Multifamily
Property Photo
$2,590,000
Please read description completely! Offering for sale presents a rare, high-density residential assemblage in the heart of Glendale’s coveted Mariposa neighborhood. Providing a unique "buy-and-hold" income stream or a powerhouse development site. The crown jewel of the portfolio is 616 E Lomita Ave, a 1931-built multi-family complex that has been meticulously… Read MoreRead Less
Property listed by Sarian Realty, Henrik Khodjasarian 310-259-7556
Listing Snapshot
Days Online
91
Last Updated
Property Type
Apartment
Lot Size
0.16 Acres
Year Built
1931
MLS Number
BB26064019
Property Location Map
Additional Details
Property Access
Frontage Type: CityStreet, Road Surface: Paved
Building
Built in 1931, 1 building, Building faces North, 2 stories, Entry level: 1, Entry location: street, Construction Materials: CopperPlumbing
Community
Sidewalks
Cooling
WholeHouseFan, WallWindowUnits
Expenses
Electric: $5,400, Insurance: $33,600, Operating: $11,400, Trash: $6,000, Water/Sewer: $2,600
Exterior Features
Lighting, RainGutters
Foundation
Raised
Heating
Electric, NaturalGas, WallFurnace
Income
Gross Income: $188,976, Gross ScheduledIncome: $188,976, Net Operating Income: $177,576
Interior Features
Balcony, CeilingFans, MultipleStaircases
Laundry
WasherHookup, GasDryerHookup
Lot
0.1643 acres, SixToTenUnitsAcre
Parking
Assigned
Pool
None
Property
BuildingPermit, UpdatedRemodeled, Other structures: Storage
Roof
Flat, Foam
Security Features
SmokeDetectors
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 5675004006, Lot: 5
Utilities
CableAvailable, ElectricityConnected, NaturalGasConnected, Water Source: Public, Volts440, 5 separate electric meters, 5 separate gas meters
Windows
Blinds, EnergyStarQualifiedWindows
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Monthly Payment
$0
Michael Harby
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Schools In The Area

Check out nearby schools with ratings and contact info.
Horace Mann Elementary School 818-246-2421 Public PK-5
Theodore Roosevelt Middle School 818-242-6845 Public 6-8
Glendale High School 818-242-3161 Public 9-12
Horace Mann Elementary School 818-246-2421 Public PK-5
Horace Mann Elementary School 818-246-2421 Public PK-5
Theodore Roosevelt Middle School 818-242-6845 Public 6-8
Glendale High School 818-242-3161 Public 9-12

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Listing Information © California Regional MLS. All Rights Reserved.

Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.