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1422 E Maple St
Glendale, CA 91205
Turnkey Property w/ 4.6% Current CAP · Multifamily Property For Sale · 7 Units

Investment Highlights

  • Excellent unit mix, comprised of (1) 3+2 with a large private front yard, (4) 2+2 and (2) 1+1
  • 100% rent collection throughout COVID-19
  • Owner collects RUBS equal to 95% of common area utilities, sewer and trash expenses
  • 6 out of 7 units have been fully remodeled down to the studs
  • Approximately 11 parking spaces, additional income source at $100 per spot
  • Conveniently located near The Americana at Brand, Glendale Galleria and Colorado Street

Property Facts

No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.20 AC
Building Size 6,611 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1964/2020
Parking Ratio 1.66/1,000 SF
Zoning GLR4*

Amenities

Unit Amenities

  • Washer/Dryer
  • Stainless Steel Appliances
  • Yard

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 1 $3,000 -
2+2 4 $2,300 -
1+1 2 $1,748 -

Property Taxes

Property Taxes

Parcel Number
5683-003-013
Land Assessment
$2,381,350
Improvements Assessment
$838,884
Total Assessment
$3,220,234
  • Listing ID: 21890098

  • Date on Market: 1/4/2021

  • Last Updated:

  • Address: 1422 E Maple St, Glendale, CA 91205

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