$2,175,000
Accepting Backup Offers

1415 Cosmic Way

Glendale, CA 91201
0.19 acres | #SR24104049
Listing OfficeBerkshire Hathaway HomeServices California Properties
Browse 65 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

REDUCED! Situated in the heart of Glendale, California, this charming 6-unit apartment complex occupies a coveted corner lot, offering both convenience and tranquility to its residents. Nestled within a vibrant neighborhood, it enjoys proximity to shopping centers, restaurants, entertainment venues, and excellent schools, making it an ideal choice for those seeking a blend of urban amenities and suburban charm. Exterior upgrades were recently done with the entire building that boasts a fresh coat of paint that revitalizes its facade, enhancing its curb appeal and creating a welcoming atmosphere for both residents and visitors alike. Additionally, a newer roof has been installed, ensuring durability and protection against the elements, thus providing peace of mind to the tenants. All windows were replaced years ago, enhancing energy efficiency and providing a contemporary look. Newer electrical panels have been installed, offering improved electrical safety and capacity for the entire complex. The property boasts central heating and air conditioning, providing comfort to all the units year-round. The building features copper plumbing throughout, known for its reliability and longevity. Interior features 5 of the 6 units were remodeled with updated kitchens, flooring, and fixtures, offering modern amenities and stylish living spaces. The installation of central heating and air conditioning offers comfort to all residents, while the copper plumbing upgrade guarantees a dependable water supply. Its corner lot positioning allows for ample natural light to flood the interiors, creating bright and airy living spaces throughout. The building offers a diverse range of floor plans to accommodate various lifestyle preferences with large patios downstairs for 4 of the units and two patios for the top 2 units. Five of the units feature spacious two-bedroom layouts, thoughtfully designed to optimize space and functionality, providing residents with comfortable living areas and ample storage options. Additionally, one unit stands out as a generously sized three-bedroom upper apartment, perfect for larger households or individuals seeking extra space for work or leisure activities and a nice patio too. This apartment complex presents an excellent investment opportunity as it offers both immediate rental income and long-term value appreciation potential. The building's prime location offers convenient access to entertainment options and other major attractions in Glendale.

  • Property Details
      • Lot DescriptionIrregularLot, Landscaped, SprinklersTimer, SprinklerSystem
      • Stories2
    • Measurements
      • Acres0.1939
    • Parking
      • Parking Spaces6
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1962
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Utility FeaturesElectricityConnected, NaturalGasConnected, SewerConnected
      • Sewer InformationPublicSewer, SewerTapPaid
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$2,600,000
  • Other
      • MLS #SR24104049

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
$0.00

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