1060 Elm Avenue

Grandview, Glendale, CA 91201

$7,450,000
1
多家庭聯排別墅

AGENTS

說明

Income specified is income effective Jan 2022 (with latest rent increases). 1060 Elm Avenue, a value-add 21-unit apartment located in the highly desirable city of Glendale, bordered by the City of Burbank. The property offers superb location with access to many amenities, within walking distance to IKEA Burbank, Burbank Downtown, many shopping centers, close to schools, parks, local and national retailers, dining and upscale shopping, entertainment, and easy access to freeways (5 FWY and 134 FWY). The property has been in the same ownership since 2003 and most of the tenants are long-time tenants that are on month-to-month lease. This provides significant upside potential to add value by increasing rent and return. The property is a two-story garden style apartment community with gated, subterranean parking and secured entrance. It has an excellent curb appeal with nicely maintained center courtyard. It is situated on a residential street surrounded by other a single-family and condominium communities (across the street from a newly built modern, high-end condominiums). Built in 1977, it offers a superb unit mix of (1) 3 bed + 2 bath unit, (4) 2 bed + 2 bath units, (15) 1 bed + 1 bath units, and (1) Studio unit (non-conforming) with a total of 31 gated parking spaces on a lot size of 15,532 SF with a total building size of 15, 110 SF. The property has been well maintained throughout current ownership with recently incorporated cost-efficient features such as, electricity generating solar system (zero electric bill owner gets credit from electric provider), electric eye, 60
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房產詳細信息

  • 室外
    .36 英畝
  • 房產類型
    多家庭聯排別墅
  • MLS /清单ID
    304373009
  • 上市天數
    146

建築/財產詳情

  • Air Conditioning
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由GIG Real Estate Inc.列表提供

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TRAVEL TIMEFROMGrandview
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