2631-2637 Glendale Blvd | Los Angeles, CA 90039
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- LoopNet Team
2631-2637 Glendale Blvd
Los Angeles, CA 90039
Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- The asset has the potential to achieve significant future rental income growth through unit upgrades and enhancements of current vacant units.
- Two units will be delivered vacant at the close of escrow allowing future ownership to remodel/renovate if desired and lease for market rents.
- The location is walkable to many attractions and adjacent to major employers in Hollywood and Downtown.
- 2631 and 2637 Glendale Blvd consists of eight generously sized units and an excellent unit composition ideal for the area’s demographics.
PROPERTY FACTS
| No. Units | 8 | Building Size | 6,980 SF |
| Property Type | Multifamily | Average Occupancy | 75% |
| Property Subtype | Apartment | No. Stories | 2 |
| Building Class | C | Year Built | 1947 |
| Lot Size | 0.34 AC | Parking Ratio | 1.15/1,000 SF |
| Zoning | LAR2 - Medium Density Multiple Residence | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 6,980 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1947 |
| Parking Ratio | 1.15/1,000 SF |
| Zoning | LAR2 - Medium Density Multiple Residence |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 8 | $2,178 | 800 - 900 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $918,000 | |
| Land Assessment | $2,448,000 | Total Assessment | $3,366,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,448,000
Improvements Assessment
$918,000
Total Assessment
$3,366,000
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