• $9,300,000
  • 36,716 lot
  • Est payment $49924.41/mo

3221 3227 Altura Avenue, Glendale, CA 91214

233691803 34.226048 -118.24952 124 /listing/233691803-150159606/3221-3227-altura-avenue-glendale-ca-91214 False 0 9300000.0 105 319000990 False

Property & Neighborhood Info

Courtesy Of George Yessaie, JohnHart Real Estate

Multi-Family in Glendale

Amazing opportunity to own a gem in Glendale/La Crescenta area walking distance to Lincoln Elementary and Crescenta Valley High school. This building was constructed in 1964 and consists of two buildings, i.e. a 15 unit and a 14 unit, on the same lot. There are (19) 2+1, (6) 2+2 and (3) 3+2, (1) 0+1 NC units on a 36,716 SQFT lot in a 27,080 Sqft improvement. Five of 2+1 units are extra-large and command higher rents. The windows have been replaced with energy-efficient Vinyl ones and the roof is also a few years old. There is a beautiful swimming pool servicing the valued tenants with a family and barbeque area In the rear. There are ample parking for all of the residents on the grounds, either tuck under or surface parking. The property has a historically high occupancy rate and a new owner can take over and achieve an above market return for the city of Glendale by enhancing use intensity, and continued improvement and modernization.

Courtesy Of George Yessaie, JohnHart Real Estate
  1. 36,716 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1964
  • County: Los Angeles
  • Units: 29
  • Zoning: GLR3*
  • MLS Number:319000990

Additional Features

  • Cooling:
    • Wall/Window Unit(s)
  • Flooring:
    • Laminate
    • See Remarks
  • Interior Features:
    • Balcony
    • Tile Counters
  • Laundry:
    • Common Area
    • Community
  • Laundry Equipment:
    • Own
  • Appliances:
    • Counter Top
    • Disposal
    • Gas Cooking
    • Gas Oven
    • Oven
    • Range
    • Water Heater Central
  • Common Walls:
    • No Common Walls
  • Roof:
    • Asbestos Shingle
  • Water Source:
    • Public
  • Foundation:
    • See Remarks
  • Windows:
    • Double Pane Windows
  • Condition:
    • Updated/Remodeled
  • Pool Features:
    • Community
    • Fenced
    • In Ground
  • Parking:
    • Assigned
    • Carport
    • Covered
    • Parking Space
    • Uncovered
  • Parking Spaces:
    • 0.00
  • Heating:
    • Wall Furnace
  • Utilities:
    • Cable Available
  • Security Features:
    • Resident Manager
    • Smoke Detector(s)
  • Amenities:
    • Common RV Parking
  • Number of Buildings:
    • 2
  • Gross Income:
    • 0.00
  • Net Operating Income:
    • 404940.00
  • CDOM:
    • 102
  • Special Conditions:
    • Standard
  • Tenant Pays:
    • Cable TV
    • Electricity
    • Gas
  • Cable TV Expense:
    • 0.00
  • Equity Amount:
    • 0
  • Fuel Exp:
    • 0.00
  • Gross Operating Income:
    • 0.00
  • Insurance Expense:
    • 0.00
  • Land Value:
    • 0
  • Lot Size Acres:
    • 0.8429
  • Lot Size Area:
    • 36716.0000
  • Lot Size Square Feet:
    • 36716.00
  • Maintenance Exp:
    • 0.00
  • Number Of Units Leased:
    • 0
  • Operating Expense:
    • 214063.00
  • Other Income/Mo:
    • 0.00
  • Price Per SQFT:
    • 343.43
  • Price Per Unit:
    • 320689
  • Tax ID:
    • 5606010064
  • Total Expenses:
    • 0.00
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.

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Sako Baghoyan
Sako Baghoyan
Realtor

3221 3227 Altura Avenue Glendale, CA 91214

233691803 34.226048 -118.24952 124 /listing/233691803-150159606/3221-3227-altura-avenue-glendale-ca-91214 False 0 9300000.0 105 319000990 False
  • $9,300,000
  • 36,716 lot
  • Est payment $49924.41/mo