$1,350,000
$3,200,000
57.8%For more information regarding the value of a property, please contact us for a free consultation.
0.37 Acres Lot
SOLD DATE : 12/10/2019
Key Details
Sold Price $1,350,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-105
MLS Listing ID 319000918
Sold Date 12/10/19
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1910
Lot Size 0.368 Acres
Property Description
Amazing opportunity to own a gem in Montrose near Crescenta Valley blue ribbon public schools. This building was constructed in 1967 and consists of (6) 2+1.5, (4) 1+1 and (1) 0+1 NC units on a 16,052 SQFT lot in a 7,996 Sqft improvement. The Non-conforming unit is being used as storage at this time. The building has newer energy-efficient vinyl windows and newer roof. There is a beautiful swimming pool with private bathroom, dressing area and fire pit serving the valued tenants. Majority of the units have been remodeled with hardwood flooring, ceramic wall and floor tiles in bathroom and kitchen, wall type heating and air conditioning. The building is located walking distance to La Crescenta Elementary and CV high school, both distinguished blue-ribbon institutions. This asset is near Montrose shopping park with famous its Sunday outdoor bazar and numerous high-end eateries. The property has a historically high occupancy rate and a new owner can take over and achieve an above market return for the city of Glendale by enhancing its appeal with newer New York'' style living taste fetching high rents in downtown Glendale. One or more of the sellers are Real Estate License.
Location
State CA
County Los Angeles
Area 635 - La Crescenta/Glendale Montrose & Annex
Zoning GLC2*
Interior
Heating Natural Gas, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Wood
Fireplace No
Appliance Gas Oven, Gas Water Heater, Oven, Range, Water Heater
Laundry Common Area, Outside
Exterior
Garage Assigned, Covered, Carport
Pool Community, Filtered, In Ground, Private
Community Features Pool
View Y/N No
Roof Type Asbestos Shingle
Parking Type Assigned, Covered, Carport
Private Pool No
Building
Entry Level Multi/Split
Sewer Public Sewer
Level or Stories Multi/Split
New Construction No
Construction Status Updated/Remodeled
Others
Tax ID 5610022033
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Assumed
Special Listing Condition Standard
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Bought with George Yessaie • JohnHart Real Estate
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