$ 3,595,000
227 Justin Avenue Glendale, CA 91201
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,595,000
Est. payment /mo
Active
227 Justin Avenue Glendale, CA 91201
8,988 SqFt
UPDATED:
09/14/2024 12:27 PM
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
HOA Y/N No
Year Built 1957
Lot Size 7,403 Sqft
Acres 0.17
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)
Fireplace No
Laundry Community Facility, Other
Exterior
Utilities Available Other Water/Sewer
View Y/N true
View Hills
Building
Water Other
New Construction No
Others
Tax ID 5626011020
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by William James • Lyon Stahl Investment Real Estate, Inc.