1157 Justin Ave | Glendale, CA 91201
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1157 Justin Ave
Glendale, CA 91201
North of Glenoaks | No LA Rent Control · Multifamily Property For Sale
·
8 Units
Investment Highlights
- Not Subject to Los Angeles Rent Control – Higher Allowable Rent Increases Under AB1482
- Outstanding Location North of Glenoaks Boulevard on Border Between Two of Los Angeles Metro’s Most Desirable Cities, Glendale and Burbank
- Vast Majority of Units Upgraded – New Granite Countertops, New Wood Flooring, New AC Units, New Dual Pane Windows
- Excellent Unit Mix – Almost Entirely Two-Bedroom Units
- All New Electric Subpanels, New Water Heater, Mostly Copper Plumbing
- No Seismic Retrofit Repairs Required (Buyer to Verify)
Property Facts
| No. Units | 8 | Building Size | 7,089 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 1.55/1,000 SF |
| Lot Size | 0.18 AC | ||
| Zoning | R2250 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 7,089 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.55/1,000 SF |
| Zoning | R2250 |
Amenities
Unit Amenities
- Air Conditioning
- Disposal
- Kitchen
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $2,000 | 600 |
| 2+1 | 3 | $2,300 | 900 |
| 2+2 | 3 | $2,750 | 1,000 - 1,100 |
Property Taxes
| Parcel Number | 5623-012-005 | Improvements Assessment | $1,775,011 |
| Land Assessment | $1,183,339 | Total Assessment | $2,958,350 |
Property Taxes
Parcel Number
5623-012-005
Land Assessment
$1,183,339
Improvements Assessment
$1,775,011
Total Assessment
$2,958,350
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