Listed by William James - DRE #01734419 - Lyon Stahl Investment Real Estate, Inc. 310-425-9838 Listing Courtesy of: DRE #01748556
$3,595,000 affordable loan icon Calculate Payment

227 Justin Avenue Glendale, CA 91201

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Cluster Residence
14 Beds
14 Baths
8,988 Sq. Ft.
0.17 Acre Lot

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Last updated on 11/14/2024 7:46 PM
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 electr...icity. 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. Continue reading
MLS#
24391817
Property Type
Cluster
Status
Bedrooms
14
Bathrooms
Year Built
1957
Square Feet
8,988 sq. ft
Lot Size
0.17
Sewer
Other

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Listed by William James - DRE #01734419 - Lyon Stahl Investment Real Estate, Inc. 310-425-9838 Listing Courtesy of: DRE #01748556
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 11/14/2024 7:46 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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