$1,924,000
$2,175,000
11.5%For more information regarding the value of a property, please contact us for a free consultation.
8,446 Sqft Lot
SOLD DATE : 11/27/2024
Key Details
Sold Price $1,924,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR24104049
Sold Date 11/27/24
Construction Status Turnkey
HOA Y/N No
Year Built 1962
Lot Size 8,446 Sqft
Property Description
REDUCED! Situated in the heart of Glendale, California, this charming 6-unit apartment complex occupies a coveted corner lot, offering both convenience and tranquility to its residents. Nestled within a vibrant neighborhood, it enjoys proximity to shopping centers, restaurants, entertainment venues, and excellent schools, making it an ideal choice for those seeking a blend of urban amenities and suburban charm. Exterior upgrades were recently done with the entire building that boasts a fresh coat of paint that revitalizes its facade, enhancing its curb appeal and creating a welcoming atmosphere for both residents and visitors alike. Additionally, a newer roof has been installed, ensuring durability and protection against the elements, thus providing peace of mind to the tenants. All windows were replaced years ago, enhancing energy efficiency and providing a contemporary look. Newer electrical panels have been installed, offering improved electrical safety and capacity for the entire complex. The property boasts central heating and air conditioning, providing comfort to all the units year-round. The building features copper plumbing throughout, known for its reliability and longevity. Interior features 5 of the 6 units were remodeled with updated kitchens, flooring, and fixtures, offering modern amenities and stylish living spaces. The installation of central heating and air conditioning offers comfort to all residents, while the copper plumbing upgrade guarantees a dependable water supply. Its corner lot positioning allows for ample natural light to flood the interiors, creating bright and airy living spaces throughout. The building offers a diverse range of floor plans to accommodate various lifestyle preferences with large patios downstairs for 4 of the units and two patios for the top 2 units. Five of the units feature spacious two-bedroom layouts, thoughtfully designed to optimize space and functionality, providing residents with comfortable living areas and ample storage options. Additionally, one unit stands out as a generously sized three-bedroom upper apartment, perfect for larger households or individuals seeking extra space for work or leisure activities and a nice patio too. This apartment complex presents an excellent investment opportunity as it offers both immediate rental income and long-term value appreciation potential. The building's prime location offers convenient access to entertainment options and other major attractions in Glendale.
Location
State CA
County Los Angeles
Area 626 - Glendale-Northwest
Zoning GLR3YY
Interior
Heating Central, Forced Air, Natural Gas
Cooling Central Air
Flooring Carpet, Laminate, Vinyl
Fireplaces Type None
Fireplace No
Appliance Free-Standing Range, Gas Water Heater
Laundry Common Area, Laundry Room
Exterior
Parking Features Assigned
Garage Spaces 6.0
Garage Description 6.0
Fence Fair Condition, Masonry, Privacy, Wood
Pool None
Community Features Curbs, Street Lights, Suburban, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
View Y/N No
View None
Roof Type Flat,Rolled/Hot Mop
Total Parking Spaces 6
Private Pool No
Building
Lot Description Irregular Lot, Landscaped, Sprinklers Timer, Sprinkler System
Story 2
Entry Level One,Two
Foundation Slab
Sewer Public Sewer, Sewer Tap Paid
Water Public
Level or Stories One, Two
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 5627014025
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Karine Aslanian • The Agency
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "