Property Detail

Description

Assumable $1.235M loan at 3.9% (principle & interest approx $6250/mo, Buyer to verify). NOT RSO (Rent Stabilization Ordinance) built in 1989. Gross income with all units rented and laundry income is $205,327. 2026 rent increases could see $213,280 income. Upside is to $232,200 income. Located on the Glendale border with easy freeway access, restaurants, and shops is this well maintained 5 unit apartment building with one vacant unit as a potential owner's unit. Each unit is a large 3 bedrooms. 2 parking spaces for each unit. End unit has a fenced rear backyard. Tenants pay for their own electricity and gas. Photos of vacant end unit.