Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1960
Sq.Footage
N/A
First Time on the Market – Prime 8-Unit Multifamily Opportunity in Glendale (91207) We are proud to present this rare 8-unit multifamily investment opportunity, offered for the first time ever in one of Glendale’s most desirable rental pockets. Situated in the prestigious 91207 zip code, between Brand Blvd and cross st Louise, this well-maintained property has been held by the same family for decades and shows pride of ownership throughout. Offered at a current cap rate of 5.4% (buyer to verify), this is a unique chance to acquire a high-performing asset with strong in-place cash flow in a premium location. Recent capital improvements include: * New roof * Copper plumbing * Dual-pane windows * New sewer line * Select units tastefully remodeled * Numerous other upgrades over the years The unit mix features an ideal configuration of seven (7) 2-bed/1-bath units and one (1) 1-bed/1-bath unit. Amenities include ample on-site parking, individual water heaters, and a common area laundry room, enhancing both tenant convenience and long-term operational efficiency. Tenants enjoy exceptional walkability, with Trader Joe’s, Coffee Bean, Walgreens, and a variety of shops, cafes, and restaurants just a short stroll away
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
Exterior
-
Garage
No
-
Pool
Yes
-
Pool Features
None
Area & Lot
-
Lot Size(acres)
0.2014
-
Property Type
Residential Income
-
Property Sub Type
Apartment
Price
-
Sales Price
$3,300,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Senior Community YN
NO
-
Sewer
Private Sewer
-
Tax Lot
1
-
Water Source
Private
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Levon Alexanian , Keller Williams World Media Center
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