$3,650,000
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7,927 Sqft Lot
SOLD DATE : 12/16/2022
Key Details
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID GD22208446
Sold Date 12/16/22
HOA Y/N No
Year Built 1985
Lot Size 7,927 Sqft
Property Description
Wonderful opportunity to acquire a very well maintained multi-family income property in the Grandview neighborhood of Glendale; the property is comprised of eight (8) two (2) bedroom, two (2) bathroom units of approximately 1,000 square feet each (per Assessor); all tenants are month-to-month; the building was constructed in 1985; the units are separately metered for gas and electricity; new central hot water heater in 2018; new laundry machines (Speed Queen) in 2020;generous upside in rents; semi-subterranean parking garage striped for fourteen (14) parking spaces, but there are two (2)additional, parallel spaces that have been demarcated and are used by the tenants; all eight (8) central HVAC units were replaced in the last twelve (12) months; roof replaced in 2020; new elastomeric deck system installed in 2020; sewer connection in the public right-of-way has been replaced; four (4) units upgraded in terms of flooring, counter tops and cabinetry; located just south of Glenoaks Boulevard and east of Alameda Avenue near Downtown Burbank; less than 1/3 of a mile to Trader Joe's and Walgreens
See attached brochure for complete information.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning GLR4*
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 14.0
Garage Description 14.0
Pool None
Community Features Biking, Curbs, Sidewalks
Total Parking Spaces 14
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story Two
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5624008040
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Artur Ambarachyan National Properties
