827 Mariposa Street,  Glendale  (91205)

$3,850,000

0 bedrooms 0   0 bathrooms 0   7314 square feet 7,314
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Listed By: Levon Alexanian of Keller Williams World Media Center

PROPERTY DETAILS

Address: view address
Glendale, CA 91205
Map Location
Features: Multi-level
Square Feet:7,314 sq.ft.Lot Size:0.23 acres
Year Built:1927Property Type:Apartment
County:Los AngelesList Date:2024-04-22
Listing Number:SR24080276Listed By:Keller Williams World Media Center
Listing Office:[email protected]Days on market:11

PROPERTY DESCRIPTION

The offering represents the highest in-place-yielding apartments for sale currently in the city of Glendale*Owned and operated by the same family for over 2 decades, they have exerted extensive capital improvements throughout their tenure. The property consists of 2 story 1+1+Dens that are all functioning as as 2+1. All units have individual washer & dryer hookups and water heaters. Electrical is updated and the property is individually metered for gas & electricity.With an average in-place rent of $2,285, there is a significant loss to lease (11%+) Additionally, the incorporating of potential (2) 1+1 ADUs in th parking lot, can take a new buyer's pro forma yield to 7.5%*Casa De Mariposa with a WalkScore of 91! is situated less than 1 mile to Americana at Brand and all of the robust shopping dining &entertainment along downtown Glendale. (*) buyer to verify.For the offering memorandum or any questions, call Greg Alexanian.

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Interior

Gas Dryer Hookup:Yes

Property and Lot Details

Lot Acres:0.23Lot Number:9.00
Lot Sqft:10,139.00Private Water:Yes
Sewer:YesTransaction Type:Sale
Year Built:1927

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Listed By: Levon Alexanian of Keller Williams World Media Center