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Matt Peters

[email protected] +1(626) 344-1956

$ 3,595,000

Est. payment -/mo

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Active

227 Justin AVE Glendale, CA 91201

14 Beds

14 Baths

8,988 SqFt

UPDATED:

09/30/2024 06:16 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,988 sqft

Price per Sqft $399

MLS Listing ID 24391817

Bedrooms 14

HOA Y/N No

Year Built 1957

Lot Size 7,400 Sqft

Acres 0.1699

Property Description

Built in 1957, the property consists of a great unit mix of two (2) studio, one bathroom units, ten (10) one-bedroom, one bath units, and two (2) two-bedroom, one bath units. The units are spread out over 8,988 square foot of gross leasable area. The units are separately metered for gas and electricity. Individual parking spaces are located on the ground floor along with the communal laundry room. The investment is offered at an attractive cap rate along with upside in the rents. The loss-to-lease is more easily achieved with AB1482 rent control. Delivered with 2 vacant units. Please contact listing agents for offering memorandum.

Location

State CA

County Los Angeles

Area 626 - Glendale-Northwest

Zoning GLR4H*

Rooms

Ensuite Laundry Common Area, In Carport

Interior

Laundry Location Common Area,In Carport

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Appliance Range, Refrigerator

Laundry Common Area, In Carport

Exterior

Garage Assigned, Carport

Carport Spaces 14

Pool None

Community Features Gated

View Y/N Yes

View Hills

Parking Type Assigned, Carport

Total Parking Spaces 14

Private Pool No

Building

Faces South

Story 2

Entry Level Multi/Split

Sewer Other

Architectural Style Mid-Century Modern

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5626011020

Security Features Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)

Special Listing Condition Standard

Listed by William James • Lyon Stahl Investment Real Estate, Inc.

Matt Peters

Broker Associate | License ID: 01984989

+1(626) 344-1956

Matt Peters

227 Justin AVE Glendale, CA 91201

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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227 Justin AVE