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456 Myrtle St
Glendale, CA 91203
Multifamily Property For Sale · 21 Units

INVESTMENT HIGHLIGHTS

  • Pride of Ownership Property in Prime Location.
  • Built in 1989 Subject to ONLY State Rent Control AB 1482.
  • Gated Secure Parking.
  • Excellent Unit Mix of 18 Spacious 2 Bedroom 2 Bath Units (5 with a Den).
  • Opportunity to Legalize Existing Three ADU 0+1 Units for Additional Income.
  • Assumable $4M Chase loan at 3.15% maturing 4/20/2026.

PROPERTY FACTS

No. Units 21
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.32 AC
Building Size 20,392 SF
Average Occupancy 97%
No. Stories 3
Year Built 1989
Parking Ratio 1.77/1,000 SF
Zoning R4, Glendale

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 3 - -
2+2 18 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5637-018-050
Land Assessment
$4,386,000
Improvements Assessment
$4,059,600
Total Assessment
$8,445,600
  • Listing ID: 31403604

  • Date on Market: 4/3/2024

  • Last Updated:

  • Address: 456 Myrtle St, Glendale, CA 91203

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