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427 E Acacia Ave
Glendale, CA 91205
6 Units | All 2s | AB 1482 Rent Increases · Multifamily Property For Sale
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6 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 | 6 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 4,618 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | C | ||
| Zoning | GLR4YY | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,618 SF |
| No. Stories | 2 |
| Year Built | 1959 |
| Zoning | GLR4YY |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | $2,050 | 750 |
Property Taxes
| Parcel Number | 5675-027-015 | Improvements Assessment | $1,127,100 |
| Land Assessment | $1,050,600 | Total Assessment | $2,177,700 |
Property Taxes
Parcel Number
5675-027-015
Land Assessment
$1,050,600
Improvements Assessment
$1,127,100
Total Assessment
$2,177,700
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