1021 Linden Ave | Glendale, CA 91201
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- LoopNet Team
1021 Linden Ave
Glendale, CA 91201
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Assumable Loan: $2,050,000 at a low 3.2% fixed interest rate, locked in until June 2032
- Desirable Unit Mix
- Four units recently remodeled
- Immediate Upside: $700 allowable rent increase
- Central Air Conditioning and heating
- 5.0% CAP rate and 7.8% ROI
Property Facts
| No. Units | 8 | Lot Size | 0.18 AC |
| Property Type | Multifamily | Building Size | 7,042 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1988 |
| Building Class | C | Parking Ratio | 1.14/1,000 SF |
| Zoning | R4, Glendale | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 7,042 SF |
| No. Stories | 2 |
| Year Built | 1988 |
| Parking Ratio | 1.14/1,000 SF |
| Zoning | R4, Glendale |
Amenities
Unit Amenities
- Air Conditioning
- Disposal
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $2,085 | 620 |
| 2+2 | 4 | $2,516 | 940 |
| 3+2 | 2 | $2,783 | 1,020 |
Property Taxes
| Parcel Number | 5624-005-026 | Improvements Assessment | $601,996 |
| Land Assessment | $401,327 | Total Assessment | $1,003,323 |
Property Taxes
Parcel Number
5624-005-026
Land Assessment
$401,327
Improvements Assessment
$601,996
Total Assessment
$1,003,323
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