Active
227 Justin Avenue
Glendale CA, 91201
$3,595,000
$399.98 per sqft
Active
14 Beds
14 Baths
8,988 sqft
Residential
Built in 1957
Listed by William James with Lyon Stahl Investment Real Estate, Inc. 310-425-9838
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.
24391817
MLSⓇ ID
May 14, 2024
Listed
October 17, 2024
Updated
Map
227 Justin Avenue
Glendale CA, 91201
Interior Features
Total Stories
2
Bedrooms
14
Total Bathrooms
14
Appliances
Range, Refrigerator
Laundry Description
Common Area, In Carport
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.17 Acres
Architectual Style
Mid-Century Modern
Sewer
Other
Other Property Details
Area Name
626 - Glendale-Northwest
Days on Market
63
Garage
No
Parking
Assigned, Carport
Parking Total
14
View
Yes
View Description
Hills
County
Los Angeles
Pool
No
Pool Features
None
Zoning
GLR4H*
Listing Contact: 310-425-9838
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/17/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 10/17/2024 at 9:55 AM UTC