Glendale, CA 91201,227 Justin AVE
Glendale, CA 91201,227 Justin AVE
Glendale, CA 91201,227 Justin AVE
Glendale, CA 91201,227 Justin AVE
Glendale, CA 91201,227 Justin AVE
Glendale, CA 91201,227 Justin AVE
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$ 3,595,000
Est. payment | /mo

14 Beds

14 Baths

8,988 SqFt


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$ 3,595,000
Est. payment | /mo
Save

14 Beds

14 Baths

8,988 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,988 sqft

Price per Sqft $399

MLS Listing ID 24391817

Bedrooms 14

HOA Y/N No

Year Built 1957

Lot Size 7,400 Sqft

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.

Location

State CA

County Los Angeles

Area 626 - Glendale-Northwest

Zoning GLR4H*

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Appliance Range, Refrigerator

Laundry Common Area, In Carport

Exterior

Garage Assigned, Carport

Carport Spaces 14

Pool None

Community Features Gated

View Y/N Yes

View Hills

Total Parking Spaces 14

Private Pool No

Building

Faces South

Story 2

Entry Level Multi/Split

Sewer Other

Architectural Style Mid-Century Modern

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5626011020

Security Features Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by William James • Lyon Stahl Investment Real Estate, Inc.
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227 Justin AVE