Property Detail

Description

We are pleased to present an exceptional opportunity to acquire a true pride of ownership 6-unit apartment building in one of Glendale’s most desirable rental markets. Built in 1970, this 7,176-square foot property sits on a 7,903-square-foot lot and features six exceptionally spacious 2-bedroom, 2-bathroom units designed to appeal to long term tenants seeking comfort and functionality. Each residence offers an efficient floor plan with a formal dining area, hardwood flooring, generous living spaces, abundant natural light, and ample closet/storage space throughout. The interiors provide a warm, inviting atmosphere with timeless finishes and practical layouts that continue to attract quality residents. The property has been well maintained with copper plumbing, central a/c & heat and includes 8 on-site parking spaces, a valuable amenity in this highly sought-after neighborhood. With its large unit sizes, strong rental appeal, and desirable location, this asset presents an outstanding opportunity for both investors seeking stable cash flow and those looking to add value over time. Boasting an impressive Walk Score® of 90. Subject to Statewide AB 1482 provisions and Glendale's Rental Ordinance. Excellent for a 1031 exchange and/or owner user while bringing in additional income.