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