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 Приватні акри Розмір партії
квартира
Вбудовано 1964
MLS/Ідентифікатор об'єкта P1-24445
16 Одиниці
Parking - Assigned
Парковка - Крита
Lot - Front Yard
Загальна зона
Heating - Wall Furnace
Cooling - Wall/window unit(s)
Community - Sidewalks
Газова піч
Газова плита
ЗАГАЛЬНА МІСЯЧНА ВАРТІСТЬ
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