600 E Garfield Ave | Glendale, CA 91205
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
600 E Garfield Ave
Glendale, CA 91205
Glendale 24 Units | Mostly 2Bd | $235K/Unit · Multifamily Property For Sale
·
24 Units
INVESTMENT HIGHLIGHTS
- Charming 24 Unit Glendale Offering - First Time Available on the Market in Over 40 Years! 5.51% CAP with Low Rents!
- Excellent Unit Mix Consisting of Sixteen 2 Bed / 1 Bath and Eight 1 Bed/1 Bath
- Capital improvements include new electrical, seismic retrofit, and some units have new kitchens, cabinets, bathrooms, and flooring.
- Large Upside Potential in Rent (7.79% Pro-forma Based off Market Rents) - Average Unit is Currently Being Rented nearly $500+/m Below Market!
- All units have a front and rear entrance, and most have private staircases providing tenants with easy access to the carports
- Tenants benefit from being a short walk away from popular restaurants, daily need shops, large employers, fitness options, Glendale Galleria and more.
PROPERTY FACTS
| No. Units | 24 | Building Size | 14,132 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Building Class | C | Year Built | 1926 |
| Lot Size | 0.57 AC | Parking Ratio | 1.44/1,000 SF |
| Zoning | R1650 - Medium High Density Residential | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.57 AC |
| Building Size | 14,132 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1926 |
| Parking Ratio | 1.44/1,000 SF |
| Zoning | R1650 - Medium High Density Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Heating
- Ceiling Fans
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Range
- Tub/Shower
SITE AMENITIES
- Fenced Lot
- Laundry Facilities
- Property Manager on Site
- Security System
- Recycling
- Storage Space
- Online Services
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
| 2+1 | 16 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,422,500 | |
| Land Assessment | $3,060,000 | Total Assessment | $5,482,500 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$3,060,000
Improvements Assessment
$2,422,500
Total Assessment
$5,482,500
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
