2320 Glendale Blvd | Los Angeles, CA 90039
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- LoopNet Team
2320 Glendale Blvd
Los Angeles, CA 90039
Multifamily Property For Sale
·
16 Units
INVESTMENT HIGHLIGHTS
- 16 Units Built in 1957 Located in the Heart of Silver Lake Just East of the Silver Lake Reservoir
- Seismic Retrofitting Completed and Roof Replacement in 2017
- Large Lot Totaling 14,748 Square Feet
- Walking Distance to Many Entertainment, Shopping, and Dining Outlets
- Attractive Assumable Financing: Approximately $1,980,000 Fixed @ 3.528% Until 10/1/2030 with US Bank
- Significant Upside in Rents
PROPERTY FACTS
| No. Units | 16 | Building Size | 12,584 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1957 |
| Building Class | C | Parking Ratio | 1.27/1,000 SF |
| Lot Size | 0.34 AC | ||
| Zoning | R3-1, Los Angeles | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 12,584 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 1.27/1,000 SF |
| Zoning | R3-1, Los Angeles |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Range
SITE AMENITIES
- Courtyard
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | 700 |
| 2+1 | 7 | - | 850 |
| 3+2 | 1 | - | 1,000 |
PROPERTY TAXES
| Parcel Number | 5440-005-005 | Improvements Assessment | $1,200,000 |
| Land Assessment | $2,800,000 | Total Assessment | $4,000,000 |
PROPERTY TAXES
Parcel Number
5440-005-005
Land Assessment
$2,800,000
Improvements Assessment
$1,200,000
Total Assessment
$4,000,000
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