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10407 Mount Gleason Ave
Sunland, CA 91040
Multifamily Property For Sale
·
14 Units
Investment Highlights
- While current ownership has renovated select units upon turnover, investors will have the opportunity to increase rental income by roughly 33%
- Current ownership has received permits for the conversation of common area space into (2) Additional Dwelling Units
- The location of 10407 Mount Gleason boasts and 84 out of 100 Walk Score allowing residents to accomplish daily errands by foot.
- A subsequent buyer has the option to assume the attractive 3.3% in-place financing on 10407 Mount Gleason Ave.
- 10407 Mount Gleason received a Certificate of Compliance for satisfying the Soft-Story Retrofit Ordinance mandated by the City of Los Angeles.
Property Facts
| No. Units | 14 | Lot Size | 0.37 AC |
| Property Type | Multifamily | Building Size | 10,780 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 1.29/1,000 SF |
| Zoning | LARD2 - Residential | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 10,780 SF |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.29/1,000 SF |
| Zoning | LARD2 - Residential |
Amenities
Unit Amenities
- Air Conditioning
Site Amenities
- 24 Hour Access
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $1,240 | 500 |
| 2+1 | 12 | $1,614 | 725 |
Property Taxes
| Parcel Number | 2559-011-022 | Improvements Assessment | $1,467,798 |
| Land Assessment | $978,530 | Total Assessment | $2,446,328 |
Property Taxes
Parcel Number
2559-011-022
Land Assessment
$978,530
Improvements Assessment
$1,467,798
Total Assessment
$2,446,328
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