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724 N Howard St
Glendale, CA 91206
Not Subject to LA City Rent Control · Multifamily Property For Sale
·
6 Units
Investment Highlights
- Assumable Loan of $1,250,000 @ 3.83% fixed, interest only until 3/27, matures 3/29
- Turn Key with 45% Upside in Rents in “A” Location in Glendale
- Very Walkable | 81 Walk Score |
- Not Subject To LA City Rent Control
- 18% Average Annual Return Potential by Turning 4 Units in 5 Years and Adding the ADU
- 5 Minutes Away from Americana at Brand Shopping Center
Property Facts
| No. Units | 6 | Building Size | 6,518 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1967 |
| 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 | 6,518 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1967 |
| Parking Ratio | 1/1,000 SF |
| Zoning | R4, Glendale |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+2 | 3 | - | - |
| 3+3 | 1 | - | - |
Property Taxes
| Parcel Number | 5644-020-001 | Improvements Assessment | $1,373,328 |
| Land Assessment | $1,217,268 | Total Assessment | $2,590,596 |
Property Taxes
Parcel Number
5644-020-001
Land Assessment
$1,217,268
Improvements Assessment
$1,373,328
Total Assessment
$2,590,596
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