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

Bedrooms

4

Building size

2,705 sqft

Lot size

6,555 sqft

Year built

1913

Stories

0

Style

See Remarks

Heating

Central

Cooling

Central Air

Pool

None

View

None

Status

Active

Days on market

0

MLS #

248713646

About this property

Tucked into the heart of Glendale, 373 Myrtle Street presents a distinctive multifamily investment opportunity with the character of an original front home and the versatility of three additional residences tucked behind it. The property features four rental units across two buildings: a two-bedroom, one-bathroom front house and three one-bedroom, one-bathroom apartments in the rear building, identified as 373A, 373B, and 373C. Together, this unique configuration offers a diverse mix of living spaces and an established rental income stream, with owner-reported rents totaling $8,475 per month and $101,700 in annual gross rental income. Set on a 6,555-square-foot lot, this Glendale income property offers investors the opportunity to hold a multi-unit residential asset in an established Southern California community. Conveniently located near local shopping, dining, entertainment, and everyday amenities, with access to surrounding neighborhoods and the greater Los Angeles area, 373 Myrtle Street combines a traditional residential setting with the appeal of a four-unit rental property. A compelling opportunity for investors seeking multifamily real estate in Glendale.

Location

373 Myrtle Street

Glendale, Los Angeles, CA, 91203