$3,750,000
$3,949,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
6,969 Sqft Lot
SOLD DATE : 03/16/2022
Key Details
Sold Price $3,750,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-105
MLS Listing ID 320009011
Sold Date 03/16/22
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1989
Lot Size 6,969 Sqft
Property Description
We are proud to present The Winchester Oaks Apartments, a marvelous Eight (8) unit multi family investment opportunity. Built in 1989 and located on a quiet street in the heart of Glendale. This well-maintained two story structure offers dedicated parking for each unit. A great unit mix consisting of 6 (2BD+2BA) and 2 large (1BD+1BA) units. Many of the units have been upgraded and each unit is appx. 900 sqft. All units have at least one balcony and street facing units have multiple balconies. Additionally, The Winchester Oaks offers all copper plumbing, New fresh paint, Updated Kitchens and Bathroom vanities, and all wood laminate floors. Each unit has a washer/dryer inside with central HVAC. With a combined building income of $17,535. All but one unit is on month to month agreements, leaving substantial upside for income. In addition to its superb characteristics, the property is within close proximity to the Grocery Stores, Schools, Banks, Freeway access, and Brand Park. With ease of management and strong upside in rents, The Winchester Oaks offers an investor to take over an exceptional, low-maintenance asset.
Location
State CA
County Los Angeles
Area 626 - Glendale-Northwest
Zoning GLR4YY
Interior
Interior Features Balcony, Dumbwaiter
Heating Central, Natural Gas
Cooling Central Air
Flooring Laminate, Wood
Fireplace No
Appliance Dishwasher, Disposal, Range, Dryer, Washer
Laundry Inside
Exterior
Garage Controlled Entrance, Community Structure
Garage Spaces 12.0
Garage Description 12.0
Parking Type Controlled Entrance, Community Structure
Total Parking Spaces 12
Building
Entry Level Three Or More
Level or Stories Three Or More
Construction Status Updated/Remodeled
Others
Tax ID 5623014006
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Sean Madadian • Magic Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "