1119 Winchester ave, Glendale, CA 91201
Active
$4,249,000
8 Units
3 Beds
3 Baths
6,952 Area(sq.ft.)
Lot: 7,208 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 6 | 2 | 2 | No | $ 15,808 | $ 15,808 | $ 15,808 |
| Unit 2 | 2 | 1 | 1 | No | $ 4,370 | $ 4,370 | $ 4,370 |
| 8 | 14 | 14 | $ 103,588 | $ 103,588 | $ 103,588 |
| MLS #: | GD23226633IT |
| Days On Market: | 726 |
| Listing Date: | December 20, 2023 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 611 |
| Price per unit: | $ 531,125 |
| Year Built: | 1989 |
Property Details
Exceptional investment opportunity in Glendale! This eight-unit income property is a prime asset for investors. Located in a desirable area, these units boast a combination of modern amenities and classic charm. This 8-unit building offers the pinnacle of comfort with central AC & Heat and the convenience of in-unit washer-dryers. Featuring a mix of 2-bed/2-bath units and 1-bed/1-bath units. Strong rental history and potential for increased income, this property is a promising addition to any investment portfolio. Don't miss the chance to own this well-equipped and strategically located property in Glendale. Bring in your highest best offer. Drive by only!Interested in this Listing?
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Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 71,500 |
| Net Operating Income: | $ 172,086 |
| Cap Rate: | 4.05% |
Structure
| Community Features: | Sidewalks |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | GLR4YY |
| Land Lease Type: | Fee |
| Total Parking: | 12 |
Interior
| AC/Cooling: | Central |
| Heating: | Central |
| Fireplace Rooms: | None |
| Laundry: | In Closet |
Exterior
| Pool: | No |
| Spa: | No |
Detailed Map
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