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$2,748,900
Est. payment /mo
0.35 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID CV26156855
HOA Y/N No
Year Built 1950
Lot Size 0.351 Acres
Property Sub-Type Multi Family
Property Description
Welcome to 1118 Western Av. in beautiful Glendale California! Capitalize on this rare multi-family property in the highly desirable Grandview neighborhood. This 10-unit apartment building features a massive 6,212 square feet of livable space situated on a sweeping 15,280 square foot lot. Built in 1950 and meticulously maintained, this value-add asset boasts an exceptional unit mix featuring 10 total bedrooms and 10 bathrooms, with spacious layouts, classic wood floors, and dedicated carports for 8 vehicles +2 uncovered spaces. Investors will love the premium location just 2 miles from downtown Burbank and major entertainment employers like The Walt Disney Studios and Warner Bros. Highly walkable and situated within minutes of 3 local shopping centers and top-tier Glendale schools. Perfect for a portfolio addition, a 1031 exchange, or a value-add renovation strategy to maximize market rents in a historically low-vacancy.
Location
State CA
County Los Angeles
Area 626 - Glendale-Northwest
Interior
Fireplace No
Laundry Common Area, Inside, Laundry Room
Exterior
Roof Type Bitumen,Composition
Building
Lot Description Back Yard, Front Yard, Lawn, Landscaped, Near Public Transit, Yard
Story 2
Water Public
Others
Tax ID 5623014012
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Listed by Cesar Navarro RE/MAX MASTERS REALTY 626-806-4140, DRE #01250916
NEARBY SCHOOL & BUSINESS
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