1149 Linden Ave - Apartments FOR SALE


Glendale, CA 91201- Grandview
$2,700,000 USD
818-657-6570
1149 Linden Ave, Glendale, CA for Sale
$2,700,000 USD
Apartments - FOR SALE
1/5
null | 3.58% Cap Rate

1149 Linden Ave
Glendale, CA 91201
Grandview


OVERVIEW

Introducing a prime investment opportunity in the thriving Glendale area. Well maintained 6 unit townhome apartment complex. Built in 1985 this property is subject only to AB 1482. Some of the amenities include washer and dryer in each unit, each unit has a 2 car enclosed garage. This well-maintained multifamily property features a 6500 SF building with 6 units, offering a compelling revenue-generating asset for Multifamily / Low-Rise/Garden investors. Constructed in 1985, the property showcases a solid foundation and potential for value-added enhancements. Zoned GLR4YY, it provides flexibility for future development or expansion. With its attractive unit mix and proven rental history, this property presents an ideal investment prospect in a highly sought-after location. Don't miss the chance to capitalize on the strong demand for multifamily properties in the dynamic Glendale market with this outstanding asset. This property is being offered in conjunction with 1151 Linden, an identical property.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$450 USD /SF

# OF UNITS

6

PRICE/UNIT

$450,000

CAP RATE

3.58%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,969 SF

ZONING

R4YY

APN/PARCEL ID

5621-034-026

ASK ABOUT THIS PROPERTY

Joe PenichKW CommercialMore Info
818-657-6570

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Joe PenichKW CommercialMore Info
818-657-6570

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