• $27,800,000
  • 26,552 lot
  • Est payment $149236.41/mo

310 N Cedar Street, Glendale, CA 91206

239603338 34.150265 -118.24388 124 /listing/239603338-150159606/310-n-cedar-street-glendale-ca-91206 False 0 27800000 105 AR19114574 False

Property & Neighborhood Info

Courtesy Of Handoko Chen, GIG Real Estate Inc.

Multi-Family in Glendale

CEDAR REGENCY, an 80-unit value-add apartment community located in an excellent location in Glendale, California. The property has been under the same ownership since 1975. The property is strategically located on the northeast corner of Cedar St and California Ave, a block away from Glendale Fashion Center and Whole Foods Market, and within walking distance to City of Glendale municipal offices. It has a Walk Score 90 out of 100. The property is a four-story building that was built in 1972 with ±70,632 square feet building size situated on high-density R4 zoning ±26,552 square feet lot. It has many newly constructed building amenities such as 2 elevators, secured entry with intercom, fire sprinkler system throughout, 2 levels of subterranean parking, and center playground/barbeque area. It offers a superb unit mix of twelve (12) large 2 bed + 2 bath units and sixty-eight (68) large 1 bed + 1 bath units. The 2-bedroom units are ranging from ±924 - ±1,158 SF, and 1-bedroom units are ranging from ±629 - ±770 square feet. Each unit is separately metered for electricity (no gas in unit), equipped with central A/C and heating, dishwasher, stove, garbage disposal, solid wood kitchen cabinets, plenty of linen closets, and fire sprinkler. Parking is provided by 2 levels of subterranean parking. There are a total of 105 parking spaces with an entrance on California Ave to access the sublevel parking, and Cedar St to access the ground level parking.

Courtesy Of Handoko Chen, GIG Real Estate Inc.
  1. 26,552 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1972
  • Garage: 105.0
  • Floors: 4
  • County: Los Angeles
  • Units: 80
  • Zoning: GLR4*
  • MLS Number:AR19114574

Additional Features

  • Cooling:
    • Central Air
  • Laundry:
    • Common Area
    • Community
  • Fireplace:
    • Living Room
  • Common Walls:
    • 2+ common walls
  • Levels:
    • Three Or More
  • Property Subtype:
    • Apartment
  • Water Source:
    • Public
  • Year Built Source:
    • Assessor
  • Land Size Source:
    • Assessor
  • Lot Features:
    • Corner Lot
  • Pool Features:
    • None
  • Parking:
    • Assigned
  • Parking Spaces:
    • 105.00
  • Heating:
    • Central
  • Sewer:
    • Public Sewer
  • Utilities:
    • Cable Connected
    • Electricity Connected
    • Natural Gas Connected
    • Phone Connected
    • Sewer Connected
    • Water Connected
  • Community Features:
    • Urban
  • Number of Buildings:
    • 1
  • Gross Income:
    • 1386540.00
  • Net Operating Income:
    • 857224.00
  • CDOM:
    • 38
  • Assessments:
    • Buyer to Verify
  • Special Conditions:
    • Standard
  • Tenant Pays:
    • Electricity
  • Fuel Exp:
    • 0.00
  • Gross Operating Income:
    • 1344944.00
  • Insurance Expense:
    • 10035.00
  • Lot Size Acres:
    • 0.6096
  • Lot Size Area:
    • 26552.0000
  • Lot Size Square Feet:
    • 26552.00
  • Operating Expense:
    • 487720.00
  • Price Per SQFT:
    • 393.59
  • Price Per Unit:
    • 347500
  • Tax ID:
    • 5645011026
  • Total Expenses:
    • 487720.00
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

310 N Cedar Street Glendale, CA 91206

239603338 34.150265 -118.24388 124 /listing/239603338-150159606/310-n-cedar-street-glendale-ca-91206 False 0 27800000 105 AR19114574 False
  • $27,800,000
  • 26,552 lot
  • Est payment $149236.41/mo