323 Glenoaks blvd, Glendale, CA 91207
Active
$1,795,000
4 Units
7 Beds
5 Baths
3,701 Area(sq.ft.)
Lot: 4,996 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 2 | No | $ 1,650 | $ 19,800 | $ 3,950 |
| Unit 2 | 1 | 2 | 1 | No | $ 2,650 | $ 31,800 | $ 2,650 |
| Unit 3 | 1 | 1 | 1 | No | $ 1,373 | $ 16,476 | $ 2,200 |
| Unit 4 | 1 | 1 | 1 | No | $ 2,200 | $ 26,400 | $ 2,200 |
| 4 | 7 | 5 | $ 7,873 | $ 94,476 | $ 11,000 |
| MLS #: | GD23218198IT |
| Days On Market: | 857 |
| Listing Date: | November 30, 2023 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 485 |
| Price per unit: | $ 448,750 |
| Year Built: | 1962 |
Property Details
This extraordinary property boasts four distinct units, including a spacious three-bedroom flat on the first level, complemented by two one-bedroom and one two-bedroom units on the second floor. Adding to its allure are four designated parking spots, enhancing both convenience and accessibility. 323 E Glenoaks stands as more than just a property; it represents a rare prospect for savvy investors. Positioned a mere two blocks away from Glendale's bustling financial district, shopping havens, and key bus stations, it emerges as a cornerstone in the city's premier apartment rental market. What sets it apart, however, is its unique foundation on commercial land, unlocking boundless potential for those with a creative vision. Possible adding ADU check with the City of Glendale.Interested in this Listing?
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Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 30,000 |
| Net Operating Income: | $ 102,000 |
Structure
| Community Features: | Sidewalks, Storm Drains, Urban |
| Sewer: | In Street Paid |
| Water: | Public |
Land & Parking
| Zoning: | GLR4* |
| Land Lease Type: | Fee |
Interior
| Laundry: | Washer Hookup |
Exterior
| Pool: | No |
| Roof: | Flat |
Detailed Map
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