Glendale, CA 91201,1048 Linden Avenue

$2,975,000

Est. payment /mo

$3,075,000

3.3%
Est.Price: ?

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1048 Linden Avenue Glendale, CA 91201

6 Beds

7,822 Sqft Lot

SOLD DATE : 11/04/2022

Key Details

Sold Price $2,975,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID GD22208401

Bedrooms 6

Lot Size 7,822 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Wonderful opportunity to acquire a very well maintained multi-family income property in the Grandview neighborhood of Glendale; the property is comprised of four (4) two (2) bedroom, one (1) bathroom units and four (4) one (1) bedroom, one(1) bathroom units; all tenants are month-to-month; the building was constructed in 1960; the units are separately metered for gas and electricity; new central hot water heater in 2019; new laundry machines (Speed Queen) in 2020; generous upside in rents; parking is six (6) spaces in three (3) two (2) car, closed garages off the alley; all windows replaced in 2017; roof replaced in 2015; copper plumbing throughout; sewer connection in the public right-of-way has been replaced; wall air conditioning in all of the units; two (2) units upgraded in terms of flooring, counter tops and cabinetry; three (3) units with upgraded flooring; located just south of Glenoaks Boulevard and east of Alameda Avenue near Downtown Burbank; less than 1/3 of a mile to Trader Joes and Walgreens
Wonderful opportunity to acquire a very well maintained multi-family income property in the Grandview neighborhood of Glendale; the property is comprised of four (4) two (2) bedroom, one (1) bathroom units and four (4) one (1) bedroom, one(1) bathroom units; all tenants are month-to-month; the building was constructed in 1960; the units are separately metered for gas and electricity; new central hot water heater in 2019; new laundry machines (Speed Queen) in 2020; generous upside in rents; parking is six (6) spaces in three (3) two (2) car, closed garages off the alley; all windows replaced in 2017; roof replaced in 2015; copper plumbing throughout; sewer connection in the public right-of-way has been replaced; wall air conditioning in all of the units; two (2) units upgraded in terms of flooring, counter tops and cabinetry; three (3) units with upgraded flooring; located just south of Glenoaks Boulevard and east of Alameda Avenue near Downtown Burbank; less than 1/3 of a mile to Trader Joes and Walgreens

Location

State CA

County Los Angeles

Area Glendale (91201)

Zoning Public Rec

Building

Lot Description Curbs, Sidewalks

Story 2

Others

Acceptable Financing Cash

Space Rent $1,600

Listing Terms Cash

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San Diego Regional MLS (SDMLS)
Listed by David Stevenson • Stevenson Real Estate Services
Bought with Levon Matti • Re/Max Tri-City Realty
agent

Pam Wenhe

Broker | License ID: 01325484

+1(619) 892-3300

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