227 Justin Avenue
Glendale, CA 91201
8988 sqft | 14 beds | 0.17 acres | #24391817
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.
Interior Details
- Bedrooms14
Property Details
- ViewHills
- Stories2
Measurements
- Acres0.1699
- Square Feet8988
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1957
Utilities / Energy Details
- Sewer InformationOther
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$3,595,000
Other
- MLS #24391817
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: William James (#CLW-X93306)
Listing Office: Lyon Stahl Investment Real Estate, Inc. (#CLW-X82195)
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.
