1600 W Glenoaks Boulevard

    Glendale, CA 91201
    • $2,500,000
    • STATUS: Active
    • ON SITE: 102 days
    • ID#: SR18190678
    $2,500,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,390
      SQFT
    • $737
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1954
    County:

    School Ratings & Info

    Description

    This is a well-appointed 6-unit apartment complex at 1600 W. Glenoaks Boulevard in the city of Glendale California. Situated in aprime location the property comprise of six one-bedroom and one bathroom units, that together come to more than 3,390 squarefeet of rentable space on 5,490 square feet of land. Built in 1954 this complex offers six open parking spaces. Featuring an on-sitelaundry facility with one dryer and one washer owned by the landlord. Furthermore, the roof was replaced six years ago and theplumbing was upgraded with copper approximately ten years ago. In addition, the property is separately metered for gas andelectricity. Located at the corner of west Glenoaks Boulevard and Justin Avenue, this complex is within walking distance to allrestaurants and retailers venues that line Glenoaks Boulevard. Furthermore, the building sits mere minutes from the 134 and 5Freeways. The property+GGs prime location, coupled with upside potential, make it a great investment opportunity.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-17T00:33:29.53. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.mainstreetgroup.com/homes/86324316

    1600 W Glenoaks Boulevard Glendale, CA 91201

    • Price: $2,500,000
    • Status: Active
    • ID#: SR18190678
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    3,390
    SQFT
    $737
    $/SQFT
    1954
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    This is a well-appointed 6-unit apartment complex at 1600 W. Glenoaks Boulevard in the city of Glendale California. Situated in aprime location the property comprise of six one-bedroom and one bathroom units, that together come to more than 3,390 squarefeet of rentable space on 5,490 square feet of land. Built in 1954 this complex offers six open parking spaces. Featuring an on-sitelaundry facility with one dryer and one washer owned by the landlord. Furthermore, the roof was replaced six years ago and theplumbing was upgraded with copper approximately ten years ago. In addition, the property is separately metered for gas andelectricity. Located at the corner of west Glenoaks Boulevard and Justin Avenue, this complex is within walking distance to allrestaurants and retailers venues that line Glenoaks Boulevard. Furthermore, the building sits mere minutes from the 134 and 5Freeways. The property+GGs prime location, coupled with upside potential, make it a great investment opportunity.
    Exterior Features

    Garage Spaces 6.00 Lot Features Corner Lot Lot Size Source Assessor Lot Size Units Square Feet Parking Total 6.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Community Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Sidewalks Country Us Electric Expense 400.00 Elevation Units Feet Fuel Expense 240.00 Gardener Expense 1200.00 Gross Income 84300.00 Gross Scheduled Income 83400.00 Insurance Expense 1360.00 Land Lease YN No Laundry Income 900.00 Laundry YN Yes Maintenance Expense 3000.00 Net Operating Income 46088.00 New Construction YN No New Taxes Expense 27000.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 0 Operating Expense 36544.00 Pest Control Expense 480.00 Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 36544.00 Trash Expense 0.00 Water Sewer Expense 2000.00 Water Source Public Year Built Source Assessor Zoning Glc3*

    Listing provided courtesy of Reza Ghobadi of Reza Ghobadi.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-17T00:33:29.53. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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