227 Justin Ave Active Save Request In-Person Tour Request Virtual Tour
Glendale,CA 91201
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,988 sqft
Price per Sqft $399
MLS Listing ID 24-391817
Style Mid-Century
Bedrooms 14
Year Built 1957
Lot Size 7,403 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 Glendale-Northwest
Zoning GLR4H*
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Wall/Window
Fireplaces Type None
Equipment Range/Oven, Refrigerator
Laundry Community, In Carport
Exterior
Parking Features Assigned, Carport
Garage Spaces 14.0
Pool None
Waterfront Description None
View Y/N Yes
View Hills
Building
Story 2
Sewer In Street
Water Public
Architectural Style Mid-Century
Level or Stories Multi/Split
Structure Type Stucco
Others
Special Listing Condition Standard