227 Justin Avenue, Glendale, CA 91201
- $3,595,000
- $400
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.
Address
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Address: 227 Justin Avenue
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City: Glendale
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State/county: CA
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Zip/Postal Code: 91201
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Area: 626 - Glendale-Northwest
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Country: United States
Details
Updated on September 28, 2024 at 8:36 am-
Property ID SGR-34062890
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Price $3,595,000
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Property Size 8988.00 m²
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Land Area 7403.00 m²
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Bedrooms 14
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Bathrooms 14
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Garage 0.00
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Year Built 1957
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Property Type Residential Income
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Property Status For Sale
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Living Area 8988.00
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MLS# 24391817
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Office Name LYON STAHL INVESTMENT REAL ESTATE, INC.
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Agent Name William James
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MLS Status Active
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Living Area Prefix Sqft
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Co-Office Name Lyon Stahl Investment Real Estate, Inc.
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Co-Agent Name Peter James
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Agent State License 01734419
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Co-Agent State License 01748556
Additional details
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View Hills
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Sewer Other
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Cooling Wall/Window Unit(s)
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Heating Wall Furnace
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County Los Angeles
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Parking 14.00
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