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Key Details
Sold Price $4,300,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR24227085
Sold Date 11/04/24
HOA Y/N No
Year Built 1989
Lot Size 8,563 Sqft
Property Description
We are proud to represent this 10 unit apartment building in Glendale.
The building was constructed in 1989. Its unit mix consists entirely of (10) 2+2 units. With a lot size of 8,585 square feet, the property has a total of 9,524 rentable square feet.
The property is situated on a beautiful tree-lined street located above Glenoaks Blvd and has tremendous upside in existing rents. It has been well-maintained by a long-term owner. The tenants enjoy subterranean parking, central a/c, balconies, and fireplaces.
Property has an assumable loan of 756,000 at 3.5% interest fixed until 10/1/28.
The building is centrally located within the Glendale Unified School District and is only a short 10 minute walk to Herbert Hoover High School and Eleanor J. Toll Middle School; it is also less than a 10 minute drive to Balboa Elementary School. There are nearby speciality schools, from dual language schools to technology magnet schools and arts and performance schools. Glendale Unified School District schools consistently rank well within California and even on the national level.
Location
State CA
County Los Angeles
Area 624 - Glendale-Chevy Chase/E. Glenoaks
Zoning GLR4YY
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 20.0
Garage Description 20.0
Pool None
Community Features Suburban, Urban, Valley
Total Parking Spaces 20
Private Pool No
Building
Lot Description Rectangular Lot
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5633022019
Energy Description 493.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Cindy Hill • Equity Union
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Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692