$1,590,000
$1,755,000
9.4%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
7,840 Sqft Lot
SOLD DATE : 12/04/2025
Key Details
Sold Price $1,590,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PTP2506350
Sold Date 12/04/25
Bedrooms 8
Lot Size 7,840 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
This 9 unit apartment community in Glassell Park offers a desirable unit mix, convenient location and significant rent upside. This property is composed of one 3 bed/2 bath unit; one 2 bed/2 bath unit; three 2 bed/1 bath units; three 1 bed/1 bath units; and one studio. All units are occupied. Upon tenant turnover, this property presents a potential 47% upside in rental income. Located in a residential area near schools, the Glassell Park & Recreation Center, and access to the Glendale Freeway, this property is also a short drive from Occidental College and shops & dining on York St to the East, Glendale to the North, Griffith Park to the West, and all that Greater Los Angeles has to offer.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Drive by only. Do not disturb tenants.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5458021026
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Jeff Kim eXp Realty of California, Inc.
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "