Average square foot calculated using Size range provided by listing agent.
Description
First Time on the Market – Prime 8-Unit Multifamily Opportunity in Glendale (91207) We are proud to present this rare 8-unit multifamily investment opportunity, offered for the first time ever in one of Glendale’s most desirable rental pockets. Situated in the prestigious 91207 zip code, between Brand Blvd and cross st Louise, this well-maintained property has been held by the same family for decades and shows pride of ownership throughout. Offered at a current cap rate of 5.4% (buyer to verify), this is a unique chance to acquire a high-performing asset with strong in-place cash flow in a premium location. Recent capital improvements include: * New roof * Copper plumbing * Dual-pane windows * New sewer line * Select units tastefully remodeled * Numerous other upgrades over the years The unit mix features an ideal configuration of seven (7) 2-bed/1-bath units and one (1) 1-bed/1-bath unit. Amenities include ample on-site parking, individual water heaters, and a common area laundry room, enhancing both tenant convenience and long-term operational efficiency. Tenants enjoy exceptional walkability, with Trader Joe’s, Coffee Bean, Walgreens, and a variety of shops, cafes, and restaurants just a short stroll awayShow Description
MLS® NumberSR25169304
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCommon Area
Exposure
Exterior
GarageNo
Approx. Age1960
Stories2
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
Heat
A/C
Heating Fuel
Extras
Similar Listings
Get notified of price or status changes by saving this listing