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1245 5th ST Glendale, CA 91201
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Key Details
Sold Price $1,805,300
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-105
MLS Listing ID 320007439
Year Built 1966
Lot Size 8,777 Sqft
Property Description
Presenting for the first time on the market in over 40 years, a marvelous investment opportunity in the sought-after city of Glendale! Located just above Glenoaks Blvd, this 4,052-sqft two-story Quadruplex provides a carport area with comfortable room four (4) cars total, a tenant shared laundry room located next to the carport, and newer roof. At present, all four large units are tenant occupied. Each unit measures approximately 1,015-sqft and provides 2-bedroom, 1-bathroom each with a Total monthly gross of $7,450. Each tenant pays for their own electric and gas expenses while the Landlord covers the cost of water, trash, and common area electricity, which approximately totals to $300 per month. Centrally located to Downtown Burbank and Downtown Glendale, nearby all the major motion picture studios, 5 and 134 Freeway access, local cafes and dining, and much more.
Location
State CA
County Los Angeles
Area 626 - Glendale-Northwest
Zoning GLR4YY
Interior
Cooling WallWindowUnits
Flooring Vinyl, Wood
Laundry CommonArea, LaundryRoom
Exterior
Parking Features Carport, Driveway, SharedDriveway
Community Features Curbs, Sidewalks
View Y/N No
Building
Lot Description Paved
Foundation Raised
Sewer Unknown
Water Public
Others
Acceptable Financing Cash, CashtoNewLoan, Conventional
Listing Terms Cash, CashtoNewLoan, Conventional
Special Listing Condition Standard
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Bought with Ashot Baghdiyan • HB Real Estate Group