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421 E Acacia Ave
Glendale, CA 91205
8 Units | All 2s | AB 1482 Rent Increases · Multifamily Property For Sale
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8 Units
Investment Highlights
- Excellent Unit Mix – All Two Bedroom Units
- Higher Allowable Annual Rent Increases Under AB1482
- Newly Replaced Windows, Approximately Half of Unit Interiors Thoroughly Remodeled
- Outstanding Reposition Opportunity – Current Rents Approximately 27% Below Market Rates
- Less than One Mile from High-End Americana at Brand and Recently Remodeled Glendale Galleria
- Blocks from Historic Adams Square and Picturesque Adams Hill Neighborhood
Property Facts
| No. Units | 8 | Lot Size | 0.23 AC |
| Property Type | Multifamily | Building Size | 6,206 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1953 |
| Building Class | C | ||
| Zoning | GLR4YY | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 6,206 SF |
| No. Stories | 2 |
| Year Built | 1953 |
| Zoning | GLR4YY |
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 8 | $2,063 | 750 |
Property Taxes
| Parcel Number | 5675-027-014 | Improvements Assessment | $1,315,000 |
| Land Assessment | $1,310,000 | Total Assessment | $2,625,000 |
Property Taxes
Parcel Number
5675-027-014
Land Assessment
$1,310,000
Improvements Assessment
$1,315,000
Total Assessment
$2,625,000
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