$2,100,000
$1,799,999
16.7%For more information regarding the value of a property, please contact us for a free consultation.
6,699 Sqft Lot
SOLD DATE : 03/18/2025
Key Details
Sold Price $2,100,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID GD25019221
Sold Date 03/18/25
HOA Y/N No
Year Built 1964
Lot Size 6,699 Sqft
Property Sub-Type Apartment
Property Description
Stunning 5-Unit Building Above Glenoaks! 2 units will be delivered vacant! 5.71% CAP RATE! First time on the market in 41 years! Incredible investment opportunity in prime North of Glenoaks. 5-unit building offers a fantastic mix of comfortable living spaces and ample parking, making it a dream for both investors and future residents. Its unit mix consists of: (1) 3 Bed, 2 Bath with private yard (VACANT), (1) 2 Bed, 1 Bath (VACANT), (1)2 Bed,1 Bath Plus Den can be used as third bedroom, (1) 2 Bed, 1 Bath Largest floor plan with 400 SQFT private deck! 6 Parking spots with own laundry room on the first floor. Conveniently located in a sought-after area in Glendale 91201 North of Glenoaks Blvd, this property offers easy access to schools, shopping, dining, and transportation, making it highly attractive for renters. Act fast, as opportunities like this are rare!
Location
State CA
County Los Angeles
Area 626 - Glendale-Northwest
Zoning GLR4YY
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type Family Room
Fireplace Yes
Appliance 6 Burner Stove
Laundry Common Area
Exterior
Parking Features Assigned
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Mountainous
Utilities Available Cable Available
View Y/N Yes
View Mountain(s)
Total Parking Spaces 1
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5623016007
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Arthur Mangassarian Re/Max Tri-City Realty
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Broker Associate | Lic# 01905244