6.1 CAP Rate. Back In the Market. Buyer exchange fell through. 12 Units bungalow style apartment building situated on a large lot. You can find old California bungalow style charm with hardwood floors (some has been changed) and with little of imagination majority of the units can have private patios… Read More in front of their doorsteps. There are 2 Two Bedrooms with 1 bath, 10 One bedroom with 1 Bath. Built in 1923. With excellent rental values. The property is located in South Glendale near Americana on Bran and Glendale Galleria. Close to schools and transportation. It is a trust sale and property will be sold in its present condition. Submit offers by 4.30.2025 with source of fund. Call agent for Offering Memorandum and possibility of walk through the property and seeing couple of units. Read Less
Property listed by The Art In Real Estate, Artin Sarkissian 818-437-2433
Listing Snapshot
Days Online
230
Last Updated
Property Type
Apartment
Lot Size
0.4 Acres
Year Built
1923
MLS Number
GD25049496
30 Days Snapshot Of 91204
$1.40M
0%
(avg) sold price
115
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1923, Building area total: 7,740, Levels: One, 1 story, 4 buildings, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
Sidewalks
Cooling
WallWindowUnits
Expenses
Electric expense: $7,500, Insurance expense: $15,000, Operating expense: $92,300, Trash expense: $3,500, Water sewer expense: $7,500
Fireplaces
None
Floors
Wood
Income
Gross income: $301,380, Net operating income: $200,039
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.
Confirm your time
Fill in your details and we will contact you to confirm a time.
