Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

5

Building size

2,830 sqft

Lot size

7,532 sqft

Year built

1960

Stories

2

Garage spaces

2

Pool

None

Status

Active

Days on market

16

MLS #

247534519

About this property

5 Unit Multifamily opportunity in PRIME Glendale location. Each unit offers 1 bedroom and 1 bathroom with established month to month tenants in place. The existing structure presents a strong redevelopment opportunity for investors seeking long-term upside in one of the most desirable rental markets in Los Angeles County. Situated in the highly sought after neighborhood known for its vibrant downtown, premiere shopping at the Americana at Brand and Glendale galleria, excellent dining, and convenient freeway access. Rare chance to acquire a value-add or potential rebuilt sight in a city with strong rental demand and continued growth. Outstanding future potential in an exceptional location.

Location

121 S Jackson

Glendale, Los Angeles, CA, 91205