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124 W Colorado St
Glendale, CA 91204
Verdara · Multifamily Property For Sale
·
50 Units
Investment Highlights
- Accessibility: Easy access to Downtown Los Angeles and major freeways: the I 5 Golden State Fwy, the 2 Freeway, the 134 Fwy & the 210 Fwy
- 2017 Newer Building, Gated Subterranean 85 spaces parking, EV Charge Stations, Assigned storage/parking, Guest Parking.
- Spectacular City/Mountain Views, 10ft-20ft ceilings, Caesar Stone Countertops, Top Tier Stainless Steel appliances, spacious balconies
- Premier Glendale Downtown location, Steps to the Americana at Brand, Glendale Galleria, Brand Blvd & close proximity to the Armenian American Museum
- Street to street lot - two points of entry address , second address: 203 W Elk avenue, Glendale 91204
- Diverse unit mix & large floor plans: Ranging from single story, townhouse style, and lofted units floor plans. Unit keyless Entry.
Property Facts
| No. Units | 50 | Building Size | 75,741 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 2017 |
| Building Class | A | Parking Ratio | 1.12/1,000 SF |
| Lot Size | 0.50 AC | ||
| Zoning | GLR4YY | ||
| No. Units | 50 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 0.50 AC |
| Building Size | 75,741 SF |
| Average Occupancy | 98% |
| No. Stories | 5 |
| Year Built | 2017 |
| Parking Ratio | 1.12/1,000 SF |
| Zoning | GLR4YY |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Fireplace
- Microwave
- Washer/Dryer
- Washer/Dryer Hookup
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Views
- Walk-In Closets
Site Amenities
- 24 Hour Access
- Fitness Center
- Property Manager on Site
- Tenant Controlled HVAC
- Pet Play Area
- Car Charging Station
- Elevator
- Lounge
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 20 | - | 865 |
| 1+1.5 | 1 | - | 1,065 |
| 2+2 | 15 | - | 1,150 - 1,375 |
| 2+2.5 | 5 | - | 1,690 - 1,699 |
| 3+2 | 7 | - | 1,765 |
| 4+3 | 1 | - | 2,108 |
| 3+2.5 | 1 | - | 2,293 |
Property Taxes
| Parcel Number | 5641-001-032 | Improvements Assessment | $26,223,688 |
| Land Assessment | $3,552,986 | Total Assessment | $29,776,674 |
Property Taxes
Parcel Number
5641-001-032
Land Assessment
$3,552,986
Improvements Assessment
$26,223,688
Total Assessment
$29,776,674
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