• 5,527 sq.ft.
  • 7,996 sq.ft. lot
offered at $2,695,000
Status: Pending // Property Type:
County: Los Angeles // Year Built: 1962

Property Description

Don't miss this opportunity to own this beautiful seven-unit turnkey property located in the family-oriented and business-friendly Glendale submarket. The subject property is conveniently located in South Glendale giving tenants easy access to the amenities in Glendale, Atwater Village and DTLA. The 5,527sf two-story building sits on a 7,996sf lot, and is comprised of (2) two bedroom and two bathroom units, (1) two bedroom and one bathroom unit and (4) one bedroom and one bathroom units. All of the units have been fully remodeled including new plumbing and electrical. These spacious, open layout units include engineered hard wood floors, quartz counters, new cabinets, dishwashers, in unit stacked washer/dryers and plenty of natural light. Please note the current owners are achieving 100% rent collections throughout the COVID-19 pandemic. This turnkey property features 7 parking spaces and all units are individually metered for electricity. IMPORTANT NOTE: The Interest Rate of said Loan, 4.21% will remain fixed until July 2026, then become variable, all due in July 2049. Buyer to pay 1% assumption fee plus customary lender underwriting expenses.

Listing Courtesy of Mark Konopaske, Mark Konopaske

Interior Features

Interior Features: Ceiling Fan(s)
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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