Welcome to an exceptional investment opportunity right in the heart of Glendale, CA, a city renowned for its consistently low vacancy rates. This remarkable property comprises ten units, and it's a rare gem hitting the market for the first time in 34 years. Built in 1989, it features a subterranean garage equipped with wheelchair lifts on both sides, ensuring accessibility for all. For a deeper dive into this enticing property, including interior photos, rental income details, and operating expenses, please don't hesitate to reach out to us via email.

Transaction Highlights

• SOLD at an Impressive $437,500 Per Unit and $456.68 Per Square Foot
• Amidst this Volatile Real Estate Market, Shant Sherbetdjian's Marketing Campaign Presented Seller with an ALL-CASH OFFER!
• Closed Escrow Within 55 Days from Date of Acceptance
• Team Sherbetdjian Assisted Seller with All the Books & Records File for a Seamless Transaction
• Shant Sherbetdjian’s Negotiation Strategy Secured a Record Price Per Unit on this Sale
• Deferred Maintenance Unfolded Road Blocks | Shant's Knowledge & Expertise Allowed a Successful Close

Investment Highlights

• First Time Property is Being Offered For Sale in 34 Years! | Newer 1989 Construction
• Spacious 2- and 3-Bedroom Units in Prime Glendale | High Demand Rental Market | Historically Low Vacancy Rate
• Highlight Coming Soon
• Excellent Unit Mix: (TWO) 3 Bed + 2 Bath Units & (EIGHT) 2 Bed + 2 Bath Units
• Individual Water Heaters for Each Unit | Separately Metered for Gas & Electricity
• Secure Subterranean Parking Consisting of 18 Spaces | Wheelchair Accessible with Ramp
• Short Commute to Glendale Ave’s Retail Corridor and The Americana At Brand