227 Justin Avenue Active Save Request In-Person Tour Request Virtual Tour
Glendale,CA 91201
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 8,988 sqft
Price per Sqft $399
MLS Listing ID CL24391817
Year Built 1957
Lot Size 7,403 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 Listing
Zoning GLR4
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Laundry Community Facility,Other
Exterior
Utilities Available Other Water/Sewer
View Y/N true
View Hills
Building
Water Other
New Construction No