A 20-unit apartment in the City of Glendale, California. This offering presents a rare opportunity for investors to acquire a strategically located apartment in the heart of the City of Glendale, CA. This property is located down the street from Glendale Community College Garfield Campus and just minutes away from Americana at Brand, Glendale Galleria, and Glendale High School. This is the first time these properties have been offered for sale since 1982. The properties were built in 1951 and situated side by side with shared center walkway and its own driveway. Both buildings have a combined total of ±15,772 SF and are situated on a combined ±21,370 SF Lot size. It offers a good unit mix of eight (8) x 2bed+1bath (4 in each building), and twelve (12) x 1bed+1bath (6 in each building) units. Each unit has an individual water heater, an excellent and spacious layout, and separately metered for electricity and gas. Parking is provided by a total of 10 parking spaces at the back (5 spaces per building). Most of the tenants are on month-to-month agreement and some are due for rent increases. There is a shared laundry room for both buildings (laundry leased).
MLS #
CRAR24104057
MLS Source
California Regional MLS
Buyer's Brokerage Compensation*
2.00
Appliances
Oven Range - Gas
Flooring
Laminate
Laundry
Community Facility
Cooling
Window/Wall Unit
Heating
Wall Furnace
Garage/Parking
Assigned Spaces, Garage: 0 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | 0 | – |
715 721 E Garfield Ave is a Residential Income in Glendale, CA 91205. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $5,400,000 and was built in 1951.
This address can also be written as 715 721 E Garfield Ave, Glendale, CA 91205.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of June 13, 2024. For the most current information, please contact Han Chen, (626) 594-4900