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700 S Louise St
Glendale, CA 91205
6 Units | 50% Rent Upside · Multifamily Property For Sale
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6 Units
Property Facts
| No. Units | 6 | Building Size | 5,637 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1954 |
| Building Class | C | Parking Ratio | 1/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | R4, Glendale | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 5,637 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1954 |
| Parking Ratio | 1/1,000 SF |
| Zoning | R4, Glendale |
Amenities
Site Amenities
- Laundry Facilities
About 700 S LOUISE ST , GLENDALE, CA 91205
700 S. Louise Street is a 6-Unit, two story apartment building located in the Mariposa neighborhood of Glendale. Built in 1954, the property is situated on a 7,195 SF lot and has a rentable area of 5,647 SF. The building is on the corner of Maple Street and Louise Street, two major thoroughfares in Glendale. 700 S. Louise is walking distance away from Maple Park, and The Americana at Brand, on Brand Blvd. The building contains a unit mix of (6) 2BR / 1BA units averaging about 900 SF each. Unit rents are averaging $1,200 each. All tenants are month-to-month. Minimum 50% rental upside available to capture. 6 parking spots total - Individually metered for gas and electric. Laundry room on site producing on average $120/Month. Amazing opportunity for an investor to add value by re-positioning a well located investment.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | $1,200 | - |
Property Taxes
| Parcel Number | 5641-011-001 | Improvements Assessment | $256,152 |
| Land Assessment | $429,441 | Total Assessment | $685,593 |
Property Taxes
