Glendale, CA 91206,724 N Howard ST
Glendale, CA 91206,724 N Howard ST
Glendale, CA 91206,724 N Howard ST
Glendale, CA 91206,724 N Howard ST
Glendale, CA 91206,724 N Howard ST
Glendale, CA 91206,724 N Howard ST
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$2,600,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

10 Beds

11 Baths

6,518 SqFt


SOLD DATE : 06/16/2023

Key Details

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 6,518 sqft

Price per Sqft $382

MLS Listing ID 23249243

Sold Date 06/16/23

Bedrooms 10

HOA Y/N No

Year Built 1967

Lot Size 7,152 Sqft

Property Description

***Please Contact Us For An OM***Assumable loan of $1,250,000 at 3.83% interest only for four years and fixed for six years. Fantastic opportunity to own a six-unit building in the highly desirable Glendale area located in an exceptional neighborhood, with an 81 Walk Score and easy access to the Americana at Brand, Griffith Park, Adventist Health, Glendale Plaza, and Glendale Fashion Center. The property is not subject to LA City rent control and features an attractive assumable loan of approximately $1,250,000 at a fixed rate of 3.83% with interest-only payments until March 2027 and maturing on approximately March 2029. In addition to the attractive financing, the property also has significant growth potential. By adding an ADU in the tuck-under parking, the buyer may potentially convert the 6 units to 7 units (*see photo rendering), subject to buyer's own confirmation of feasibility. The property has 45% upside in rents and an estimated 18% average annual return potential if the buyer turns 4 units during a 5-year time period.Please contact us for further information.

Location

State CA

County Los Angeles

Area 627 - Rossmoyne & Verdu Woodlands

Zoning GLR4YY

Interior

Heating Wall Furnace

Cooling Central Air

Fireplace No

Appliance Disposal

Exterior

Parking Features Covered

Garage Spaces 6.0

Garage Description 6.0

Total Parking Spaces 6

Building

Story 2

New Construction No

Others

Senior Community No

Tax ID 5644020001

Financing Assumed

Special Listing Condition Standard

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CRMLS – RECore
Listed by Kelly Morgan Houze Real Estate Management
Bought with Kelly Morgan KW Advisors
John Herkenrath

+1(310) 221-2910

johnherkenrath@epiquerealty.com

<a href="https://maps.app.goo.gl/pirboN7SMpBm6tb18" target="_blank">3435 E Thousand Oaks Blvd #6354, Westlake Village CA 91359 </a>

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