1026 San Rafael Avenue

    Glendale, CA 91202
    • $3,196,000
    • STATUS: Active Under Contract
    • ON SITE: 29 days
    • ID#: 19467950
    Under Contract
    UPDATED: 31 min ago
    $3,196,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,624
      SQFT
    • $419
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Ratings & Info

    Description

    This is a great opportunity to purchase an excellent 8 unit income investment in prime Glendale location north of Glenoaks Blvd in close proximity to shopping, transportation, restaurants and major freeways. The building has an excellent unit mix of (7) 2+1 units and (1) 2+den+2 unit that has been used as 3 bedrooms. The property sits on a ++G++G+-8,417 SF lot with a total building size of ++G++G+-7,624 SF. One of the units recently has gone under complete renovation (pictures) and rented out at the market rent. Most of the rents are on a month-to-month basis and are way below the market, huge upside potential. Easy to manage. Drive-by only, do not disturb or contact the occupants.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-17T18:34:47.97. 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.fredsedgroup.com/homes/94958824

    1026 San Rafael Avenue Glendale, CA 91202

    • Price: $3,196,000
    • Status: Active Under Contract
    • Updated: 31 min ago
    • ID#: 19467950
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    7,624
    SQFT
    $419
    $/SQFT
    1958
    Built
    Neighborhood:
    626 - Glendale-Northwest
    County:
    Los Angeles
    Area:
    626 - Glendale-Northwest
    Property Description
    This is a great opportunity to purchase an excellent 8 unit income investment in prime Glendale location north of Glenoaks Blvd in close proximity to shopping, transportation, restaurants and major freeways. The building has an excellent unit mix of (7) 2+1 units and (1) 2+den+2 unit that has been used as 3 bedrooms. The property sits on a ++G++G+-8,417 SF lot with a total building size of ++G++G+-7,624 SF. One of the units recently has gone under complete renovation (pictures) and rented out at the market rent. Most of the rents are on a month-to-month basis and are way below the market, huge upside potential. Easy to manage. Drive-by only, do not disturb or contact the occupants.
    Exterior Features

    Lot Size Units Square Feet Parking Features Carport Parking YN Yes

    Interior Features

    Appliances Dishwasher Appliances YN Yes Cooling Wall/Window Unit(S) Cooling YN Yes

    Property Features

    Gross Multiplier 0.00 Gross Operating Income 0.00 Improvements Amount 280198 Land Value 87497 Net Operating Income 112680.00 Special Listing Conditions Standard Total Expenses 57060.00 Zoning Glr4yy

    Listing provided courtesy of Shahram Salehian of Global Major Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-17T18:34:47.97. 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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