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1245 S Orange St
Glendale, CA 91204
Glendale | All 2BR Units | Significant Upside · Multifamily Property For Sale
·
8 Units
Investment Highlights
- Excellent Value-Add Opportunity -- Current Rents Approximately 62% Below Market
- First Time on Market in Over 33 Years
- Not Subject to Los Angeles City Rent Control -- Higher Allowable Rent Increases
- Superb Unit Mix -- All Two Bedroom Units
- Outstanding Glendale Location -- Only One Mile from Americana at Brand and Remodeled Glendale Galleria
- No Seismic Retrofit Required (Buyer to Verify)
Property Facts
| No. Units | 8 | Lot Size | 0.19 AC |
| Property Type | Multifamily | Building Size | 7,680 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1927 |
| Building Class | C | Parking Ratio | 1.04/1,000 SF |
| Zoning | GLR4YY | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 7,680 SF |
| No. Stories | 2 |
| Year Built | 1927 |
| Parking Ratio | 1.04/1,000 SF |
| Zoning | GLR4YY |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 8 | $1,650 | 910 |
Property Taxes
| Parcel Number | 5640-012-017 | Improvements Assessment | $1,529,388 |
| Land Assessment | $1,019,592 | Total Assessment | $2,548,980 |
Property Taxes
Parcel Number
5640-012-017
Land Assessment
$1,019,592
Improvements Assessment
$1,529,388
Total Assessment
$2,548,980
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