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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 | Building Size | 6,611 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1964/2020 |
| Building Class | C | Parking Ratio | 1.66/1,000 SF |
| Lot Size | 0.20 AC | ||
| Zoning | GLR4* | ||
| 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
| Parcel Number | 5683-003-013 | Improvements Assessment | $855,661 |
| Land Assessment | $2,428,977 | Total Assessment | $3,284,638 |
Property Taxes
Parcel Number
5683-003-013
Land Assessment
$2,428,977
Improvements Assessment
$855,661
Total Assessment
$3,284,638
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