We are pleased to present a great opportunity to purchase 16 units multifamily investment property in Glendale. Built in 1964, the property consists of great mix of (14) 1+1 and (2) 2+1.5 units, totaling approximately 10,674 sqft building size, situated on a 9,582 sqft lot. Priced at only $246,875/unit, $370.06/SF, 5.87% CAP and 11.64 GRM with current rents and 20% rental upside. Each unit is separately metered for gas and electricity, minimizing owner utility expenses. Additional amenities include 2 central water heaters, on-site laundry and 17 tenant storage cabinets. The property also provides 17 parking spaces, two of which have been converted into large owner's storage. Located minutes to The Americana on Brand and Downtown Glendale, in a great income-producing location.
10,674 Sq Ft
0.2193 Ιδιωτικά στρέμματα Μέγεθος παρτίδας
διαμέρισμα
Ενσωματωμένο 1964
MLS/Αριθμός καταχώρισης P1-24445
16 Μονάδες
Parking - Assigned
Χώρος στάθμευσης - Καλυμμένος
Lot - Front Yard
Κοινόχρηστος χώρος
Heating - Wall Furnace
Cooling - Wall/window unit(s)
Community - Sidewalks
Φούρνος αερίου
Αεριοκουζίνα
ΣΥΝΟΛΙΚΟ ΜΗΝΙΑΙΟ ΚΟΣΤΟΣ
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