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.
Features
: No
: Wall Furnace
: Wall/window Unit(s)
: Hills
: No
: 14
: Assigned, Carport
Address Map
U.S.
California
Los Angeles
Glendale
91201
227 Justin Avenue
0
W119° 42' 2.4''
N34° 9' 34''
MLS Addon
$0
8,988 Sqft
: No
: No
5.61
14
63
South
Heading North on the 5 Fwy exit Western heading West.
0
: No
2
CLW-C138168
Residential Income For Sale Glendale
227 Justin Avenue, Glendale, Los Angeles, California, 91201
14 Bedrooms
8,988 Sqft
Visits : 2 in 128 days
$3,595,000
Listing ID #24391817
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 24391817
Price : $3,595,000
Bedrooms : 14
Square Footage : 8,988 Sqft
Year Built : 1957
Lot Area : 7,403 Acre
Status : Active
Agent info
Damian M. Ramirez
- View website
- (714) 292-7224
- (714) 292-7224
- (800) 243-0149
-
-
- 01974515
- 1213238
- PWDAMRA
Broker
A level-headed and composed professional.
Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
Contact Agent
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