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421 Porter St
Glendale, CA 91205
Multifamily Property For Sale
·
9 Units
Investment Highlights
- Very good mix
- Units are very spacious
- Close to all supermarkets
Executive Summary
INVESTMENT OPPORTUNITY YOU DO NOT WANT TO MISS! LOCATED IN THE HEART OF GLENDALE, THIS APARTMENT BUILDING IS A RARE GEM FOR INVESTORS! 9unit large townhouse style units. Great mixture of units 1: 3bed +2.5 bath SQFT 1557 /6: 2 bed +2.5 bath SQFT 1000/ 2: 1 bed +1.5 bath SQFT 800 has a subterranean garage with a total of 17 parking spots, copper plumbing, security intercom system, Central A/C and heating, each unit has their own meters and laundries. All the units have been recently remodeled. Cap Rate: 5.58% GRM: 14.58
*********************DRIVE-BY ONLY PLEASE DO NOT DISTURB TENANTS******************************************************
*********************DRIVE-BY ONLY PLEASE DO NOT DISTURB TENANTS******************************************************
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Washer/Dryer
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1.5 | 2 | $2,100 | 800 |
| 2+2.5 | 6 | $2,900 | 1,000 |
| 3+2.5 | 1 | $3,300 | 1,557 |
Property Taxes
| Parcel Number | 5680-012-010 | Improvements Assessment | $1,609,701 |
| Land Assessment | $1,287,758 | Total Assessment | $2,897,459 |
Property Taxes
Parcel Number
5680-012-010
Land Assessment
$1,287,758
Improvements Assessment
$1,609,701
Total Assessment
$2,897,459
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