$1,500,000
Don't miss this exceptional investment opportunity to own a 5-unit multifamily apartment building in the highly sought-after community of Glendale. This family-owned and operated property features an attractive unit mix, including one 2-bedroom/1-bath units, three 1-bedroom/1-bath units, and one 1-bath unit (Studio) all with updated electrical system. For added value, 3 of the 5 units will be delivered vacant, providing flexibility for owner-occupancy or market-rate leasing. Though the property does require some updates, the potential here is undeniable. Each unit is individually metered for gas and electricity, enhancing efficiency and ease of management. The property is conveniently located near public transportation, schools, shopping, and major freeways, making it highly desirable for renters.
Listed by Judd Matsunaga with LA Citywide Properties, LLC (310) 348-7235
Property Type
Commercial Sale
Status
Active
MLS Number
26771057
Year Built
1950
Lot Size
4,940 sq ft
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