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1241 Boynton St
Glendale, CA 91205
Glendale | 5.95% CAP & 10.63 GRM | $249K/Unit · Multifamily Property For Sale
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28 Units
Investment Highlights
- Attractive 5.95% CAP Rate and 10.63 GRM for Desirable Glendale Location
- Available for Only $249K per Unit
- Rare Opportunity to Purchase a 25+ Unit Property in Glendale – Only Six Properties of this Size Have Sold in this City Over the Past Three Years
- Not Subject to Los Angeles Rent Control -- Higher Allowable Annual Rent Increases Under AB1482
- Meticulously Maintained Apartments Surrounding a Sparkling Swimming Pool
- Only One Mile from High-End Americana at Brand and Fully Remodeled Glendale Galleria
Property Facts
| No. Units | 28 | Lot Size | 0.62 AC |
| Property Type | Multifamily | Building Size | 18,732 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | C | Parking Ratio | 1.76/1,000 SF |
| Zoning | GLR4 - High rise residential | ||
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.62 AC |
| Building Size | 18,732 SF |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 1.76/1,000 SF |
| Zoning | GLR4 - High rise residential |
Amenities
Unit Amenities
- Air Conditioning
Site Amenities
- Courtyard
- Laundry Facilities
- Property Manager on Site
- Trash Pickup - Door to Door
- Online Services
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 24 | $1,878 | 600 |
| 2+1 | 4 | $1,863 | 900 |
Property Taxes
| Parcel Number | 5676-026-011 | Improvements Assessment | $1,166,381 |
| Land Assessment | $777,579 | Total Assessment | $1,943,960 |
Property Taxes
Parcel Number
5676-026-011
Land Assessment
$777,579
Improvements Assessment
$1,166,381
Total Assessment
$1,943,960
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