227 Justin Avenue, Glendale, CA 91201
-
Listed Price :
$3,595,000
-
Beds :
14
-
Baths :
14
-
Property Size :
8,988 sqft
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Year Built :
1957
Property Description
Built in 1957, the property consists of a great unit mix of two (2) studio, one bathroom units, ten (10) one-bedroom, one bath units, and two (2) two-bedroom, one bath units. The units are spread out over 8,988 square foot of gross leasable area. The units are separately metered for gas and electricity. Individual parking spaces are located on the ground floor along with the communal laundry room. The investment is offered at an attractive cap rate along with upside in the rents. The loss-to-lease is more easily achieved with AB1482 rent control. Delivered with 2 vacant units. Please contact listing agents for offering memorandum.
Interior Features
| Laundry Information |
| Location(s) |
Common Area, In Carport |
| Bedroom Information |
| Bedrooms |
14 |
| Bathroom Information |
| Bathrooms |
14 |
| Interior Information |
| Cooling Type |
Wall/Window Unit(s) |
Listing Information
| Address |
227 Justin Avenue |
| City |
Glendale |
| State |
CA |
| Zip |
91201 |
| County |
Los Angeles |
| Listing Agent |
William James DRE #01734419 |
| Co-Listing Agent |
Peter James DRE #01748556 |
| Courtesy Of |
Lyon Stahl Investment Real Estate, Inc. |
| List Price |
$3,595,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
8,988 |
| Lot Size |
7,403 |
| Year Built |
1957 |
Listing information courtesy of: William James, Peter James, Lyon Stahl Investment Real Estate, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:16 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
