REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour

$ 4,200,000
Est. payment | /mo
0.42 Acres Lot
$ 4,200,000
Est. payment | /mo
0.42 Acres Lot
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD25219564
HOA Y/N No
Year Built 1959
Lot Size 0.417 Acres
Property Sub-Type Apartment
Property Description
Great opportunity to own this 14 unit building in teh La Crescenta/ Montrose area north of Glendale.
Easy freeway access, potential to add ADU's (check with City) and upside in rents.
Offered at an incredible 5+cap rate.
Property features 14 carport/parking spaces, huge piece of land (over 18000 sf), and a large storage room.
Easy freeway access, potential to add ADU's (check with City) and upside in rents.
Offered at an incredible 5+cap rate.
Property features 14 carport/parking spaces, huge piece of land (over 18000 sf), and a large storage room.
Location
State CA
County Los Angeles
Area 635 - La Crescenta/Glendale Montrose & Annex
Interior
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 14
Pool Community, In Ground
Community Features Suburban, Pool
Total Parking Spaces 14
Private Pool No
Building
Lot Description Irregular Lot
Story 2
Sewer Public Sewer
New Construction No
Others
Senior Community No
Tax ID 5610020049
Energy Description 700.0
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard

Listed by Ara Yessaian Park Place Properties Inc arayessaian@yahoo.com